---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-002563"
form_type: "8-K"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2025-09-30T23:59:59+00:00"
generated_at: "2026-05-17T05:19:48.078901+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dana extends CEO McDonald's contract; successor search to accelerate in early 2026

## Summary
- CEO R. Bruce McDonald's employment extended on month-to-month basis up to one year until successor starts; then to Non-Executive Chairman.
- Base salary unchanged at $1.3M; eligible for RSU grants up to $9.9M in tranches through Nov 2026.
- Eligible for up to $500k transition bonus contingent on hiring successor CEO by April 2026 annual meeting.
- Off Highway divestiture expected to close late Q4 2025; cited as momentum under McDonald's leadership.

## SEC filing metadata
- accession: 0000950142-25-002563
- form_type: 8-K
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2025-09-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26780/000095014225002563/0000950142-25-002563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000095014225002563/eh250684947_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-002563
- JSON: https://secwatch.observer/filing/0000950142-25-002563.json
- Plain text: https://secwatch.observer/filing/0000950142-25-002563.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.