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Prime Mover Magazine

Dana appoints industry veterans to board

Commercial vehicle specialist, Dana, has elected two new members to its board of directors, including former talent from Deere and Tesla, following the retirement of two long-serving directors.

Michael Mack recently retired from manufacturing company, Deere & Co, where he had served as Chief Financial Officer; President of the company's Worldwide Construction & Forestry Division; and most recently as Group President of John Deere Financial Services, Global Human Resources, and Public Affairs. He also held leadership roles in dealer systems, business development, engineering, purchasing, manufacturing, marketing, and finance.

Mack earned bachelor's and master's degrees in mechanical engineering from Iowa State University and also holds a master's degree in business administration in finance, operations, and statistics from the University of Chicago.  He will serve on Dana's Audit Committee and Compensation Committee.

Diarmuid O'Connell has reportedly spent the last 11 years at Tesla, most recently as Vice President of Business Development.  One of the longest-serving executives at the automaker, he also served as Chief of Staff to the Assistant Secretary of State for political military affairs in the US Department of State. He also held management positions with Accenture, Young & Rubicam, and McCann-Erickson.

A graduate of Dartmouth College, O'Connell earned master's degrees in business administration from the Northwestern University's Kellogg School of Management and international relations from the University of Virginia. He will serve on Dana's Nominating and Corporate Governance Committee, as well as the Compensation Committee.

"We are pleased to be adding these two distinguished business executives to our board," said Dana Non-Executive Chairman, Keith Wandell.

"They are exceptional leaders with strong financial acumen, international experience, and a deep understanding of the markets Dana serves. 

“Mike and Diarmuid bring unique knowledge to Dana as we continue to execute our electrification strategy and expand our presence in the off-highway and industrial markets.  Their collective experience will be invaluable,” he said.

Terrence Keating and Mark Schulz have decided to retire from Dana's board, effective at the conclusion of the annual meeting of shareholders, April 26.  Keating and Schultz both joined Dana's board in 2008.

"I would like to sincerely thank Terry and Mark for their decade of service to Dana,” said Wandell. “I speak for the entire board of directors when I say that their guidance and insight has been of tremendous value as the company has grown to the strong, profitable company it is today.”

Last year, Dana, named Nick Stavrakis as Managing Director – Oceania.

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