Dana announces two appointments to Board of Directors
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By Will Hall - 3rd January 2022
USA – Dana Inc of Maumee, Ohio, has announced it has entered into an agreement with investor Icahn Capital, whereby Brett Icahn and Gary Hu, two portfolio managers at Icahn, will join Dana’s Board of Directors, effective immediately.
As part of the agreement, Icahn Capital and its affiliates, which collectively own approximately 9.9% of Dana’s outstanding stock, have agreed to support the company’s slate of director nominees at the 2022 Annual Meeting of Shareholders.
