Dana Incorporated Welcomes Byron Foster as New Chief Executive Officer in Leadership Transition
Dana Incorporated has made a significant announcement regarding its leadership structure. The company revealed that Byron Foster will step into the role of Chief Executive Officer (CEO) starting on July 1, 2026. This strategic timing is designed to ensure a smooth transition, allowing the new CEO to acclimate effectively to his role.
R. Bruce McDonald, who has been serving as both Chairman and CEO since 2024, will shift his focus entirely to the role of Chairman of the Board. McDonald expressed confidence in Foster's abilities, highlighting that Byron has an exceptional understanding of Dana's operations and the broader market landscape. Under Foster's leadership, the Light Vehicle Systems division—Dana's largest business unit—has recorded impressive sales growth and improved profit margins since he joined the company in 2021.
Byron Foster brings more than 20 years of senior leadership experience to his new position. Before joining Dana, he held pivotal roles at prominent companies such as Johnson Controls and Adient plc. His extensive background in global commercial strategies and operational leadership has positioned him as an ideal candidate to drive Dana's next phase of growth. Additionally, he currently serves on the board of directors of Wabtec Corporation.
Foster holds a Bachelor of Business Administration from the University of Michigan and an MBA from Northwestern University, showcasing his commitment to both education and continuous improvement.
Upon his appointment, Foster stated, "I am honored by the trust the board has placed in me and grateful for Bruce's leadership and support during this transition. Dana has a powerful legacy of engineering excellence and a talented global team committed to delivering value to our customers across the light vehicle and commercial vehicle markets. I look forward to building on this strong foundation as we continue to innovate, grow, and position Dana for long-term success."
Dana Incorporated has been at the forefront of engine and energy-management technologies, providing advanced propulsion solutions to various mobility markets worldwide. The company's mission is to drive sustainable progress through innovative technologies that support nearly every vehicle manufacturer.
Based in Maumee, Ohio, Dana reported preliminary sales of approximately $7.5 billion in 2025, employing around 28,000 team members across 24 countries on six continents. This impressive global footprint allows Dana to cater to a wide range of customers and adapt to the ever-evolving automotive landscape.
With Foster taking the helm, the company aims to enhance its focus on clean-energy solutions while building on its existing capabilities to address the challenges of a rapidly changing industry. His proven track record in commercial success will likely be instrumental as Dana embarks on a new chapter in its corporate journey.
In summary, the appointment of Byron Foster as CEO marks a significant milestone for Dana Incorporated. With an experienced leader at the helm, the company is poised to navigate the complex automotive market and continue delivering innovative solutions that meet the demands of its clients around the globe.
R. Bruce McDonald, who has been serving as both Chairman and CEO since 2024, will shift his focus entirely to the role of Chairman of the Board. McDonald expressed confidence in Foster's abilities, highlighting that Byron has an exceptional understanding of Dana's operations and the broader market landscape. Under Foster's leadership, the Light Vehicle Systems division—Dana's largest business unit—has recorded impressive sales growth and improved profit margins since he joined the company in 2021.
Byron Foster brings more than 20 years of senior leadership experience to his new position. Before joining Dana, he held pivotal roles at prominent companies such as Johnson Controls and Adient plc. His extensive background in global commercial strategies and operational leadership has positioned him as an ideal candidate to drive Dana's next phase of growth. Additionally, he currently serves on the board of directors of Wabtec Corporation.
Foster holds a Bachelor of Business Administration from the University of Michigan and an MBA from Northwestern University, showcasing his commitment to both education and continuous improvement.
Upon his appointment, Foster stated, "I am honored by the trust the board has placed in me and grateful for Bruce's leadership and support during this transition. Dana has a powerful legacy of engineering excellence and a talented global team committed to delivering value to our customers across the light vehicle and commercial vehicle markets. I look forward to building on this strong foundation as we continue to innovate, grow, and position Dana for long-term success."
Dana Incorporated has been at the forefront of engine and energy-management technologies, providing advanced propulsion solutions to various mobility markets worldwide. The company's mission is to drive sustainable progress through innovative technologies that support nearly every vehicle manufacturer.
Based in Maumee, Ohio, Dana reported preliminary sales of approximately $7.5 billion in 2025, employing around 28,000 team members across 24 countries on six continents. This impressive global footprint allows Dana to cater to a wide range of customers and adapt to the ever-evolving automotive landscape.
With Foster taking the helm, the company aims to enhance its focus on clean-energy solutions while building on its existing capabilities to address the challenges of a rapidly changing industry. His proven track record in commercial success will likely be instrumental as Dana embarks on a new chapter in its corporate journey.
In summary, the appointment of Byron Foster as CEO marks a significant milestone for Dana Incorporated. With an experienced leader at the helm, the company is poised to navigate the complex automotive market and continue delivering innovative solutions that meet the demands of its clients around the globe.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.