Dana Inc. Appoints New CFO, Bowes to Retire
Ticker: DAN · Form: 8-K · Filed: Aug 26, 2024 · CIK: 26780
Sentiment: neutral
Topics: executive-appointment, cfo-transition, retirement
TL;DR
Dana Inc. names new CFO Jonathan Overmyer, replacing Timothy Bowes who retires end of year.
AI Summary
On August 26, 2024, Dana Incorporated announced the appointment of Jonathan M. Overmyer as Senior Vice President, Chief Financial Officer, effective September 3, 2024. He will succeed Timothy R. Bowes, who will transition to a senior advisor role until his retirement on December 31, 2024. Overmyer previously served as Executive Vice President and Chief Financial Officer of Tenneco Inc.
Why It Matters
This leadership change at the CFO level can impact investor confidence and the company's financial strategy moving forward.
Risk Assessment
Risk Level: low — This filing pertains to a routine executive leadership transition and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Dana Incorporated (company) — Registrant
- Jonathan M. Overmyer (person) — Newly appointed Senior Vice President, Chief Financial Officer
- Timothy R. Bowes (person) — Outgoing Senior Vice President, Chief Financial Officer
- Tenneco Inc. (company) — Previous employer of Jonathan M. Overmyer
- September 3, 2024 (date) — Effective date for new CFO
- December 31, 2024 (date) — Retirement date for Timothy R. Bowes
FAQ
What is the effective date for Jonathan M. Overmyer's appointment as CFO?
Jonathan M. Overmyer's appointment as Senior Vice President, Chief Financial Officer is effective September 3, 2024.
What will Timothy R. Bowes' role be after stepping down as CFO?
Timothy R. Bowes will transition to a senior advisor role until his retirement on December 31, 2024.
What was Jonathan M. Overmyer's previous position?
Jonathan M. Overmyer previously served as Executive Vice President and Chief Financial Officer of Tenneco Inc.
What is Dana Incorporated's state of incorporation?
Dana Incorporated is incorporated in Delaware.
What is Dana Incorporated's principal executive office address?
Dana Incorporated's principal executive offices are located at 3939 Technology Drive, Maumee, Ohio 43537.
Filing Stats: 607 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-08-26 09:01:01
Filing Documents
- eh240523857_8k.htm (8-K) — 24KB
- eh240523857_ex9901.htm (EX-99.1) — 6KB
- logo.jpg (GRAPHIC) — 17KB
- 0000950142-24-002277.txt ( ) — 225KB
- dan-20240826.xsd (EX-101.SCH) — 3KB
- dan-20240826_lab.xml (EX-101.LAB) — 33KB
- dan-20240826_pre.xml (EX-101.PRE) — 22KB
- eh240523857_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following item is filed with this report. Exhibit No. Description 99.1 Dana Incorporated Press Release dated August 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DANA INCORPORATED Date: August 26, 2024 By: /s/ Douglas H. Liedberg Name: Douglas H. Liedberg Title: Senior Vice President, General Counsel and Secretary