Dana Incorporated (NYSE: DAN) has announced the appointment of Craig Price as the Senior Vice President and President of Dana’s Off-Highway Drive and Motion Systems, effective September 1. This comes as a result of the unfortunate passing of Jeroen Decleer, who had been a 20-year veteran of the company.
Craig Price, who has been with the company for more than 14 years, with eight of those years spent as a member of Dana’s leadership team, will bring his expertise to the Off-Highway business. Most recently, he served as Senior Vice President of Purchasing and Supplier Development, leading global purchasing activities and developing and deploying global supplier strategies.
Dana Incorporated reported sales of $10.6 billion in 2023 with 42,000 employees in 31 countries across six continents. The company has been recognized as one of the "World's Most Ethical Companies" for 2023 and 2024 by Ethisphere and as one of "America's Most Responsible Companies 2023" by Newsweek.
Craig Price, with his deep understanding of the mobility business and the Off-Highway business, is expected to play a crucial role in continuing the Off-Highway team's work to profitably grow the business by leveraging the company's capabilities across the organization and delivering on commitments to customers and shareholders. As a result of these announcements, the company's shares have moved 0.5% on the market, and are now trading at a price of $11.16. For more information, read the company's full 8-K submission here.
