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Dana Names New CEO
Executive Is Former Eaton Trucking Chief
Driveshaft and axle maker Dana Holding Corp. has named James Sweetnam as its new president and chief executive officer.
Sweetnam comes to Dana after more than 11 years at Eaton Corp., where he most recently served as president of that company鈥檚 global truck group.
Dana said that John Devine, who most recently served as chairman and CEO, will continue as the company鈥檚 executive chairman.
Sweetnam 鈥渉as a tremendous track record of success [and] his deep knowledge of our business, especially the commercial vehicle segment, will ensure a brief and smooth transition,鈥 Devine said in a statement.
Sweetnam led Eaton鈥檚 $2.3 billion truck business, which manufactures, markets, and sells transmissions, clutches, and drivetrain systems to global truck manufacturers.
He joined Eaton in 1997 as vice president and general manager of the company鈥檚 heavy-duty transmission division, Dana said in a statement.