DCN Dana Cp

Dana Corporation Elects Retired Deloitte & Touche Vice Chairman Richard M. Gabrys to Board of Directors TOLEDO, Ohio, Dec. 14 /PRNewswire-FirstCall/ -- Richard M. Gabrys, retired Vice Chairman of Deloitte & Touche LLP, has been elected to the Dana Corporation (NYSE:DCN) Board of Directors, Dana Chairman and CEO Mike Burns announced today. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "Dick Gabrys is widely respected throughout the automotive sector and possesses a deep understanding in the area of public accounting," Mr. Burns said. "We are very pleased with the added dimension of talent and solid financial experience that his election brings to the Dana Board." A long-time executive of Deloitte & Touche, Mr. Gabrys has more than four decades of experience in public accounting including extensive service to a variety of publicly held companies in the automotive manufacturing, financial services, and healthcare industries. Most recently, he served as a vice chairman in Deloitte's U.S. Global Strategic Client Group, and as a global and U.S. leader of the firm's manufacturing and automotive practices. In addition, he assisted a number of large corporations with their implementation of the requirements of Sarbanes-Oxley compliance. Previously, Mr. Gabrys served as the operations leader for Deloitte's Financial Institutions Industry Group and served as the U.S. representative on its Global Banking Committee. He also previously served as lead audit partner and advisory partner to a number of financial and healthcare organizations. Mr. Gabrys earned a Bachelor of Science degree in Accounting from King's College and is a graduate of the executive programs of Stanford University, Northwestern University, and the International Institute of Management Development in Lausanne, Switzerland. In addition to his Dana Corporation appointment, Mr. Gabrys is a member of the board of the National Association of Manufacturers and the board of the Manufacturing Institute. He is also active on the boards and advisory councils of a number of organizations in the metropolitan Detroit area. He is past chairman of the board of the Detroit Medical Center, the Board of Directors for the Detroit Regional Chamber, and the Michigan State Chamber of Commerce. He is the treasurer of the Detroit Institute of Arts, as well as chair of its Finance Committee and a member of its Executive Committee. He is the former chairman of the Board of the Detroit Economic Growth Corporation. He also serves on the boards of ArtServe Michigan and The Alliance for a Greater Safer Detroit. Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicles. Delivering on a century of innovation, Dana employs approximately 45,000 people worldwide dedicated to advancing the science of mobility. Founded in 1904 and based in Toledo, Ohio, Dana operates technology, manufacturing, and customer-service facilities in 30 countries. Sales from continuing operations totaled $7.9 billion in 2003. Dana's Internet address is: http://www.dana.com/ . http://www.newscom.com/cgi-bin/prnh/19990903/DANA http://photoarchive.ap.org/ DATASOURCE: Dana Corporation CONTACT: Michelle Hards of Dana Corporation, +1-419-535-4636 Web site: http://www.dana.com/ Company News On-Call: http://www.prnewswire.com/comp/226839.html

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