Nora LaFreniere Joins Dana Incorporated's Board of Directors: A New Era of Leadership

Dana Incorporated Welcomes Nora LaFreniere to Its Board of Directors

Dana Incorporated (NYSE: DAN) has announced a pivotal addition to its board of directors with the appointment of Nora LaFreniere, effective immediately. LaFreniere, currently the Executive Vice President and General Counsel of Otis Worldwide Corporation, brings a wealth of experience in legal, compliance, and strategic business development.

In her role at Otis, she oversees various critical functions, including legal affairs, government relations, and environmental safety. This extensive background in industrial sectors, particularly her expertise in complex mergers and acquisitions, positions her as an invaluable asset for Dana as the company seeks to enhance its strategic initiatives and growth trajectory.

R. Bruce McDonald, Dana's Chairman and CEO, expressed enthusiasm about LaFreniere’s appointment, stating, "I am delighted to welcome Nora to the Dana board of directors. Her extensive expertise will be crucial to our ongoing transformation efforts and in driving value creation across our operations."

LaFreniere's academic credentials include a Juris Doctor degree from the University of Notre Dame and a Bachelor of Arts in Political Science and Philosophy from the University of California, San Diego. She is also recognized for her impactful contributions, having been inducted into the YWCA Academy of Women Achievers and serving as a member of the DirectWomen Board Institute.

Dana Incorporated, established in 1904, specializes in providing advanced propulsion and energy-management solutions for various mobility markets worldwide. The company reported substantial sales of $10.6 billion in 2023 and employs around 42,000 individuals across 31 countries. Dana’s commitment to sustainability and efficient performance has earned it honors such as being named one of the "World’s Most Ethical Companies" by Ethisphere for both 2023 and 2024, as well as being recognized as one of "America’s Most Responsible Companies" by Newsweek.

As Dana continues to pivot towards innovation and value enhancement, the addition of LaFreniere to its board signifies a commitment to forward-thinking leadership. Her insights and strategic vision are anticipated to propel the company further in its mission of sustainable progress and excellence in service delivery to its diverse clientele.

In conclusion, Nora LaFreniere’s induction to the Dana board heralds an exciting new chapter for the company, as it embraces her diverse perspectives and vast experiences to foster a culture centered around responsibility, innovation, and collaborative success. The board's dynamics are poised for a transformation that reflects the evolving landscape of the industrial and mobility sectors. Stay tuned for updates as Dana implements its strategies for the future.

For further information about Dana’s operations and initiatives, visit dana.com.