DANA INCORPORATED INC (DAN)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
DANA INCORPORATED INC - Executive Compensation
Senior Vice President and Chief Financial Officer
Executive Compensation
Timothy R. Kraus serves as the Senior Vice President and Chief Financial Officer at Dana Incorporated Inc., a position he has held since joining the company in 2018. With over 30 years of experience in financial management and strategic planning, Kraus has become an integral part of Dana's leadership team. Prior to joining Dana, he held various executive positions at major corporations, including serving as the Vice President and Corporate Controller at TRW Automotive, and as the CFO at Tower International. His extensive background in the automotive industry has been a significant asset to Dana, enabling the company to navigate complex financial landscapes and drive growth. At Dana Incorporated, Kraus is responsible for overseeing the company's global financial operations, which include financial planning and analysis, accounting, tax, treasury, and investor relations. Under his leadership, Dana has seen significant improvements in financial performance and operational efficiency. Kraus played a pivotal role in the successful execution of several strategic initiatives, including the acquisition of the Drive Systems segment from GKN, which significantly expanded Dana's product portfolio and market reach. His strategic foresight and financial acumen have been crucial in positioning Dana as a leader in the automotive and mobility solutions sector. In addition to his professional achievements, Kraus is known for his commitment to fostering a culture of transparency and accountability within Dana. He has been instrumental in implementing robust financial controls and governance practices that have enhanced the company's reputation among investors and stakeholders. Kraus's leadership extends beyond the financial realm; he actively participates in Dana's sustainability initiatives, aligning the company's financial strategies with its long-term environmental and social goals. His holistic approach to corporate leadership has not only driven financial success but also contributed to Dana's broader mission of innovation and sustainability.