Business Context and Reporting Period
This Form 8-K was filed by Dana Incorporated on September 5, 2016, reporting events occurring on that date. The filing addresses a significant corporate governance event involving the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event notification and does not contain financial statement data.
Material Changes
The primary material change reported is the death of Joseph C. Muscari, who served as Chairman of the Board of Directors, Chairman of the Audit Committee, and a member of the Compensation Committee. Consequently, the Board elected Keith E. Wandell as interim Chairman and R. Bruce McDonald as interim Chairman of the Audit Committee.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future performance. The document focuses solely on the leadership transition and the attached press release (Exhibit 99.1). No specific risks or contingencies related to financial operations are detailed in this text.
Key Facts for Investor Verification
- Joseph C. Muscari, Chairman of the Board, has passed away.
- Keith E. Wandell has been elected interim Chairman of the Board.
- R. Bruce McDonald has been elected interim Chairman of the Audit Committee.
- Review the attached press release (Exhibit 99.1) for further details on the transition.