Dana Holdings Appoints Kamsickas CEO
Dana Holding Corp.'s board of directors appointed James Kamsickas CEO, succeeding Roger Wood, who previously announced plans to retire.
Kamsickas will take over effective Aug. 11. He was CEO of automotive supplier International Automotive Components and was with the company since it was founded in 2007.
"Dana's commitment to technological innovation and customer service has made it an industry standard bearer and a company I have long admired. Its global focus and exceptional engineering position Dana to create attractive growth opportunities in key strategic markets," Kamsickas said in a statement.
“I look forward to working with the Dana team and to helping lead the company to a new chapter of growth and operational excellence,” he added.
"Jim Kamsickas has demonstrated exceptional leadership skills with a sharp focus on operational excellence as well as organic and inorganic expansion. In his eight years as a CEO, Jim's record includes the successful integration of a number of strategic acquisitions," Joseph Muscari, Dana's nonexecutive chairman, said in a statement.
"The board . . . determined that Jim's vision and leadership talents make him the best choice to build on the profitable growth strategy of geographic expansion, new product innovation, acquisition and operational excellence set by Roger Wood and the board," Muscari said.
Wood announced his retirement January and will continue to serve as a member of the board of directors through a transition period, according to Dana.
