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Dana Incorporated Announces CEO Transition to Byron Foster

Story Highlights
  • Dana appointed Byron Foster as CEO effective July 1, 2026, with current CEO Bruce McDonald remaining chairman.
  • Foster’s promotion, after strong results in Light Vehicle Systems, signals Dana’s push to extend growth in global mobility solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dana Incorporated Announces CEO Transition to Byron Foster

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Dana Incorporated ( (DAN) ) has issued an update.

On February 12, 2026, Dana Incorporated announced that its board has appointed Byron Foster as president and chief executive officer, effective July 1, 2026, marking a planned leadership transition at the mobility supplier. Foster was simultaneously elected to the board of directors effective February 11, 2026, while current CEO R. Bruce McDonald will remain chairman of the board after handing over the chief executive role.

Foster, currently senior vice president and president of Dana’s Light Vehicle Systems unit, has led strong sales growth and margin improvement in the company’s largest business and brings more than two decades of senior leadership experience from Johnson Controls and Adient. The appointment underscores Dana’s intent to build on its recent operational gains and transformation efforts, positioning the company for its next phase of growth in propulsion and energy-management solutions across light and commercial vehicle markets.

The most recent analyst rating on (DAN) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Dana Incorporated stock, see the DAN Stock Forecast page.

Spark’s Take on DAN Stock

According to Spark, TipRanks’ AI Analyst, DAN is a Neutral.

The score is held back primarily by weak fundamentals (declining revenue, pressured margins, and poor free-cash-flow performance) and an expensive valuation (high P/E). These are partially offset by supportive technical trend signals and a more constructive earnings outlook driven by cost savings, margin improvement, and better free-cash-flow expectations.

To see Spark’s full report on DAN stock, click here.

More about Dana Incorporated

Dana Incorporated is a global leader in the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machines across all mobility markets. Based in Maumee, Ohio, the company reported preliminary 2025 sales of $7.5 billion and serves nearly every major vehicle manufacturer with drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions.

With a workforce of about 28,000 employees in 24 countries across six continents, Dana focuses on both conventional and clean-energy solutions that support sustainable progress in light vehicle and commercial vehicle markets worldwide. Its portfolio and global footprint position the company as a key supplier in the ongoing transition toward more energy-efficient and electrified transportation.

Average Trading Volume: 1,813,227

Technical Sentiment Signal: Buy

Current Market Cap: $3.75B

For a thorough assessment of DAN stock, go to TipRanks’ Stock Analysis page.

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