Dana Incorporated Appoints Byron Foster as New CEO, Effective 2026

Dana Incorporated has announced a significant leadership transition, naming Byron Foster as its new President and CEO, effective July 1, 2026. Foster will succeed R. Bruce McDonald, who will transition to remain as chairman of the board. Currently serving as Senior Vice President and President of Light Vehicle Systems, Foster has also been elected to the company's board of directors. This strategic appointment aims to build upon Dana's recent operational improvements and accelerate growth in its propulsion and energy-management solutions segments. The planned transition underscores the company's commitment to long-term strategic development and continuity in leadership.