Dana Incorporated announced leadership change for its Light Vehicle Drive Systems business. Industry veteran Byron Foster, who most recently served as Dana's senior vice president and chief commercial, marketing, and communications officer, will succeed Bob Pyle as president, Light Vehicle Drive Systems. Mr. Pyle announced that he will be leaving Dana, effective July 9, to accept a CEO position outside the mobility industry. Mr. Foster previously served in senior executive roles at Johnson Controls Inc., and Adient plc for more than two decades. Mr. Foster earned a Bachelor of Business Administration degree from the University of Michigan and a Master of Business Administration degree from Northwestern University.
Dana Incorporated is engaged in providing power-conveyance and energy-management solutions for vehicles and machinery. The Company's portfolio improves the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. It offers axles, driveshafts, transmissions, sealing and thermal products to electrifications products including motors, inverters, controllers, e-sealing, e-thermal and digital solutions. The Company operates through four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Company owns and have licensed trademarks, such as Spicer Electrified, Victor Reinz, Long, Graziano and Dana TM4. The Company operates in North America, Europe, South America and Asia Pacific regions. Its North America includes Canada, Mexico and United States of America. Its Europe regions include Belgium, Netherlands, Germany and Hungary.