Dana appoints Timothy Kraus as CFO; Jonathan Collins departs to lead Clarivate

DANA Inc

Kraus named SVP & CFO effective Dec 1; succeeds Collins who leaves Dec 15.
Kraus most recently SVP of Finance & Treasurer; led treasury, tax, M&A since 2016.
Compensation: $600k base salary; target annual bonus 75% of base; 2022 LTI at 250% of base.
Two $100k RSU grants: one on Dec 8 vesting in 1 year, another on first anniversary vesting 2 years later.
Collins becomes CFO of Clarivate plc (NYSE: CLVT); assists transition through Dec 15.

item 5.02 item 9.01

Executive movements

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Appointed

Timothy R. Kraus

Senior Vice President and Chief Financial Officer

DAN · DANA Inc

Effective: 2021-12-01
Filed: December 1, 2021, 6:59 PM ET

On December 1, 2021, Dana Incorporated (“Dana”) announced the appointment of Timothy R. Kraus as Senior Vice President and Chief Financial Officer.

Departed

Jonathan M. Collins

Chief Financial Officer

DAN · DANA Inc

Effective: 2021-12-15
Successor: Timothy R. Kraus
Filed: December 1, 2021, 6:59 PM ET

Mr. Kraus succeeds Jonathan M. Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Timothy R. Kraus was appointed as Senior Vice President and Chief Financial Officer at DANA Inc.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On December 1, 2021, Dana Incorporated (“Dana”) announced the appointment of Timothy R. Kraus as Senior Vice President and Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jonathan M. Collins departed as Chief Financial Officer at DANA Inc.

Action: leaving
Role: Chief Financial Officer

Exact text from the filing

Mr. Kraus succeeds Jonathan M. Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider.

View on SEC.gov

DANA Inc filing history →

Source: SEC EDGAR

accession 0001193125-21-345513

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