secwatch.observer — SEC 8-K summary
======================================

Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2021-12-01T23:59:59+00:00
Accession:  0001193125-21-345513
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312521345513/0001193125-21-345513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312521345513/d245357d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-345513

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer