Dana CEO Hospitalized
Sep 11, 2003
TOLEDO, Ohio, Sept. 11 /PRNewswire-FirstCall/ -- Dana Corporation (NYSE: DCN) said today that its Chairman and Chief Executive Officer, Joe Magliochetti, has been hospitalized as a result of pancreatitis following the successful removal of a gallstone. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) During Mr. Magliochetti's period of recovery, Bill Carroll, President of the company's Automotive Systems Group, will assume the responsibilities of Acting Chief Operating Officer. The entire Dana Board of Directors looks forward to Joe Magliochetti's complete recovery and swift return to his duties. Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicle manufacturers and their related aftermarkets. The company employs approximately 60,000 people worldwide. Founded in 1904 and based in Toledo, Ohio, Dana operates hundreds of technology, manufacturing, and customer service facilities in 30 countries. The company reported 2002 sales of $9.5 billion.
SOURCE Dana Corporation
Web Site: http://www.dana.com