Dana Holding Corp. has appointed Roger J. Wood to be its CEO and president – Dana’s seventh CEO in recent years. At BorgWarner's engine group, Wood (who is 48 years old) has served as an executive vice president, group president and general manager. Wood is the successor to John Devine, Dana's executive chairman, who has been functioning as the interim CEO before retiring this June 30.
Meanwhile, Keith Wandell, Dana's lead independent director, will serve as the non-executive chairman of the board. Dana's board will also have Wood as a member. It was in 2008 that Devine joined Dana upon its emergence from bankruptcy.
Devine had previously worked as the CFO of Ford Motor Co. and General Motors. For three times in his career, he had also been CEO of the drivetrain parts supplier.
The latest period was when he filled the position after James Sweetnam, the head of the company since July 2009, resigned in November. In February 2008, Dana exited bankruptcy and at that point, Devine filled the slot as acting CEO, replacing Mike Burns, who held the job for 4 years.
In April 2008, Gary Convis, a former Toyota Motor Corp. manufacturing executive, became the CEO. In November, Convis became the vice chairman while Devine served as CEO again.
Since joining BorgWarner in 1985, Wood has held several management jobs in manufacturing, strategy and international operations. His engineering technology degree is from State University College at Buffalo, New York while Syracuse University gave him his Master of Business Administration degree.