Dana Holding (DAN) Names James E. Sweetnam as CEO

May 27, 2009 11:12 AM EDT

Dana Holding Corporation (NYSE: DAN) announced that James E. Sweetnam, 56, has been named president and chief executive officer, and will be appointed to the Dana Board of Directors. Sweetnam comes to Dana after more than 11 years at Eaton Corporation (NYSE: ETN), where he most recently served as president of the company's global Truck Group.

In conjunction with the appointment of Sweetnam as president and CEO, Dana announced that John Devine, who most recently served as chairman and CEO, will continue as executive chairman moving forward.
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