TOLEDO, Ohio, April 17 /PRNewswire-FirstCall/ -- Dana Holding
Corporation (NYSE: DAN) today announced that it has named Gary L. Convis,
65, to the post of Chief Executive Officer. Convis was appointed to Dana's
new Board of Directors in January 2008 after retiring from Toyota Motor
Corporation, where he had spent more than 20 years culminating in his role
as Chairman of Toyota Motor Manufacturing, Kentucky.
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"We are delighted to welcome Gary as Chief Executive Officer," said
Dana Executive Chairman John Devine, who had served as the company's acting
CEO since January. "Gary is widely respected as one of the leading experts
in lean manufacturing and management systems, including the Toyota
Production System. Along with his strong leadership and global industry
experience, we believe he is an ideal choice as our new Chief Executive."
"I am honored by the Board's confidence in me to lead Dana," Convis
said. "I'm also eager to join with our people in establishing world-class
manufacturing systems and returning this great company to the leadership
ranks of the global automotive supply industry."
Convis comes to Dana after more than four decades spent at Toyota,
General Motors Corporation, and Ford Motor Company. He became the first
American president of Toyota's largest plant outside Japan, Toyota Motor
Manufacturing, Kentucky (TMMK), in 2001. He was named chairman of TMMK in
2006 and retired in 2007. Prior to this, in 2003, he was the first American
manufacturing executive appointed by Toyota Motor Corporation (TMC) to be a
managing officer of TMC, as well as Executive Vice President of Toyota
Motor Engineering & Manufacturing North America, Inc. Prior to serving in
these roles, Convis spent 16 years at New United Motor Manufacturing, Inc.,
a joint venture between GM and Toyota. Previously, he spent more than 20
years in various roles with GM and Ford Motor Company.
Convis earned a bachelors degree in mathematics with a minor in physics
from Michigan State University. He will continue to serve as a member of
Dana's board. He is also a board member of Cooper-Standard Automotive Inc.
and Compass Automotive Group, Inc.
About Dana Holding Corporation
Dana is a world leader in the supply of axles; driveshafts; and
structural, sealing, and thermal-management products; as well as genuine
service parts. The company's customer base includes virtually every major
vehicle manufacturer in the global automotive, commercial vehicle, and off-
highway markets, which collectively produce more than 70 million vehicles
annually. Based in Toledo, Ohio, the company's continuing operations employ
approximately 35,000 people in 26 countries and reported 2007 sales of $8.7
billion, with more than half of this revenue derived from outside the
United States. For more information, please visit: http://www.dana.com/.
SOURCE Dana Holding Corporation
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