Dana Incorporated (DAN), a manufacturer of propulsion and energy-management solutions for vehicles and machines, Thursday announced the promotion of Byron Foster to Chief Executive Officer, effective July 1, 2026.
Currently, Byron Foster serves as the Senior Vice President and President of Light Vehicle Systems, Dana's largest business unit. He joined the company in 2021.
Foster will be succeeding Bruce McDonald who has served as the Chairman and CEO of the company, since 2024, and will continue as the chairman post this transition.
In pre-market activity, DAN shares were trading at $33.44, up 0.12% on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.