New Name, Same Diamond For Dana
By pdamon21 July 2016
Dana Holding Corp. announced that, effective Aug. 1, it will change the company name to Dana Inc. The company said the change is intended to better reflect how the company conducts its business as a unified organization in the global marketplace.
“This is a historic and significant pronouncement by our company,” said James Kamsickas, Dana president and CEO. “Dana operates as a unified global manufacturer and supplier of goods and services to the vehicular industry. Our new name connects with the cohesiveness of the Dana team members and our united commitment to provide exceptional performance to our stakeholders.”
Dana will continue to operate four business segments focused on power conveyance and energy management solutions for three end markets — passenger cars, commercial trucks and off-highway equipment. The iconic Dana Diamond logo, will remain as the corporate mark. In addition, the New York Stock Exchange ticker symbol DAN, the organizational structure and leadership team will continue.