Convis Replaced as Dana CEO
A great Lean leader, Gary Convis, has been replaced as CEO at an auto parts supplier, Dana. He will be vice-chair, however, and will “focus on developing customer relations and manufacturing quality.”
Dana has struggled since leaving Chapter 11. Sales rose slightly to $2.3 billion in the second quarter. But the firm recorded a loss of $140 million following a loss of $133 million in the second quarter of 2007. Results for the third quarter are scheduled to be announced Thursday.
Mr. Convis, 65, was appointed to president and CEO in April. The selection followed his retirement last year as executive vice president of Toyota's North America operations.