Dana appoints new CFO
Dana Holding, a supplier of driveline products for light and heavy duty vehicle manufacturers, has appointed William Quigley III, as the new executive vice president (EVP) and chief financial officer (CFO), effective 1 March 2012.
Quigley III who formerly served as CFO at Visteon, will replace James Yost, who will step down from his role as CFO, and will leave the company on 12 May 2012.
The company said that Yost will support Quigley on the transition until his departure.
Quigley has a long tenure as a finance executive in the automotive and industrial business sectors, and as CFO for Visteon, he was responsible for its global finance function.
Before Visteon, Quigley served as vice president and corporate controller of Federal-Mogul, where he held various positions of increasing responsibility in both finance and operations.
Dana president and CEO Roger Wood said Yost has been instrumental during the past four years as the company has transitioned to a company with solid financial strength.
"Quigley brings a wealth of experience and expertise to this important role," Wood said.
"His tenure in the automotive and industrial sectors will serve Dana well as we drive for results through technology development and continued operating efficiencies."

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