Dana Incorporated Announces Board Resignations and Share Repurchase Agreement with Icahn Group

Reuters
18 Jun
Dana Incorporated Announces Board Resignations and Share Repurchase Agreement with Icahn Group

Dana Incorporated announced that Brett M. Icahn and Christian A. Garcia have resigned from its board of directors, effective June 17, 2025. This decision is connected to Dana's share repurchase from the Icahn Group and the termination of the Director Appointment and Nomination Agreement. Both Icahn and Garcia were representatives of the Icahn Group and had joined the board earlier in January 2025. Their resignations were not due to any disagreements with the company.

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