Joseph M. Magliochetti Becomes Dana's Sixth Chairman

    TOLEDO, Ohio, April 5 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that its President and Chief Executive Officer, Joseph M.
Magliochetti, has become Dana's chairman. Magliochetti, who has 33 years of
Dana service, is only the sixth chairman in the company's 96-year history.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    He succeeds Southwood J. Morcott, who announced in October that he would
be retiring. Morcott has been with the company 37 years, and served as
chairman since 1990.
    In his 33 years with Dana, Magliochetti has served in a number of domestic
and international positions and he has been the driving force behind the
development of Dana's e-Commerce initiatives and focus on technology.
    Magliochetti joined the Victor Manufacturing Company of Chicago in 1966 as
a management trainee.  Following Dana's 1967 acquisition of Victor, he served
in a variety of sales and management positions within Dana.
    In 1980, he was named president of Dana Europe, with responsibility for
all operations in Europe and the Middle East.  In 1985, he returned to the
United States as group vice president of North American Operations.  He was
named president of automotive - North American Operations in 1990.
    In 1992, Magliochetti became president of North American Operations and
was appointed to the Dana Policy Committee.  He was promoted to president of
Dana Corporation in 1996, and was elected to the company's Board of Directors.
    In 1997, he was appointed chairman of Dana's World Operating Committee.
Later that year, he was elected Chief Operating Officer. He was named
President and Chief Executive Officer in 1999.
    Magliochetti serves as a member of The U.S. Business Roundtable and its
Policy Committee, and he is a member of the Automotive Original Equipment
Manufacturers Association (AOEM), and the Automotive Service Industry
Association (ASIA).  He serves on the boards of the Motor and Equipment
Manufacturers Association (MEMA), and the National Association of
Manufacturers (NAM).  He was nominated to the Board of BellSouth in March and
serves on the independent nominating committee to recommend directors for the
New York Stock Exchange.
    He is a member of the MEMA/JAMA Liaison Committee to cultivate automotive
trade relations with Japan and has served on the U.S. Department of Commerce
Auto Parts Advisory Committee.
    Dana Corporation is one of the world's largest independent suppliers to
vehicle manufacturers and their related aftermarkets. Founded in 1904 and
based in Toledo, Ohio, the company operates some 320 major facilities in 33
countries and employs more than 82,000 people. The company reported sales of
$13.2 billion in 1999. Dana's Internet address is http://www.dana.com .

SOURCE Dana Corporation

Web Site: http://www.dana.com

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