Business Context and Reporting Period
This Form 8-K Current Report was filed by Dana Holding Corporation on February 26, 2014. The filing reports corporate governance changes regarding the Board of Directors effective as of the report date.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Board Appointment: R. Bruce McDonald was appointed to the Board of Directors effective February 26, 2014. He will serve on the Audit and Compensation Committees.
- Board Departure: Steven B. Schwarzwaelder notified the company he will not stand for re-election and will depart the Board effective May 2, 2014, prior to the Annual Shareholder Meeting.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. The document references a press release (Exhibit 99.1) regarding the appointment but does not include its content.
Key Facts for Investor Verification
- Verify the specific qualifications and background of the new director, R. Bruce McDonald.
- Confirm the impact of Steven B. Schwarzwaelder's departure on the composition of the Audit and Compensation Committees.
- Review the attached press release (Exhibit 99.1) for additional context on the board changes.