---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-268470"
form_type: "8-K/A"
ticker: "DAN"
cik: "0000026780"
company_name: "DANA Inc"
filed_at: "2026-06-12T11:00:07+00:00"
generated_at: "2026-06-12T11:05:40.832222+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dana discloses CEO and Executive Chairman compensation details for July 1 transition

## Summary
- Byron Foster becomes CEO on July 1, 2026; base salary $1M, target annual incentive 150% of base.
- R. Bruce McDonald appointed Executive Chairman; base salary $700k, target incentive 100% of base, term through Dec 31, 2028.
- McDonald receives one-time RSU award of $5M, vesting 50% on Dec 31, 2027 and 50% on Dec 31, 2028.
- Foster eligible for 2027 long-term incentive cycle; both executives remain in Dana's severance and benefit plans.

## SEC filing metadata
- accession: 0001193125-26-268470
- form_type: 8-K/A
- ticker: DAN
- cik: 0000026780
- company_name: DANA Inc
- filed_at: 2026-06-12T11:00:07+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/26780/000119312526268470/0001193125-26-268470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26780/000119312526268470/d60644d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-268470
- JSON: https://secwatch.observer/filing/0001193125-26-268470.json
- Plain text: https://secwatch.observer/filing/0001193125-26-268470.txt

## Key facts
- Executive change
  R. Bruce McDonald was appointed as Executive Chairman at DANA Inc.
  - Action: appointed
  - Role: Executive Chairman
  source text: Mr. McDonald has been appointed to serve as Executive Chairman of Dana.
  evidence_url: https://www.sec.gov/Archives/edgar/data/26780/000119312526268470/0001193125-26-268470-index.htm
- Executive change
  Byron S. Foster was appointed as President and Chief Executive Officer at DANA Inc.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: appointed Byron S. Foster to succeed R. Bruce McDonald as President and Chief Executive Officer ('CEO'), effective July 1, 2026,
  evidence_url: https://www.sec.gov/Archives/edgar/data/26780/000119312526268470/0001193125-26-268470-index.htm

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