Dana Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Dana Corporation on September 15, 2004. The report addresses a material change in the company's principal officers.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to personnel changes and does not contain financial performance data.
Material Changes
- Departure of Principal Officer: Richard J. Westerheid will resign from his positions as Chief Accounting Officer (CAO) and Assistant Treasurer.
- Effective Date: The resignation is effective September 30, 2004.
- Reason: Mr. Westerheid is departing to accept a position as Manager of Corporate Accounting with The Procter & Gamble Company.
Outlook and Management Commentary
Robert C. Richter, Dana's Chief Financial Officer, stated that the company will initiate a search for a new CAO. The search will consider both internal and external candidates, and the company expects to engage an outside firm to assist in the process.
Key Facts for Investor Verification
- Confirm the timeline for the appointment of a new Chief Accounting Officer.
- Verify if the departure of the CAO impacts the timing or accuracy of upcoming financial filings.
- Monitor for any subsequent 8-K filings regarding the selection of the replacement CAO.