Read Larry Connors' blog – Short Term Trading Strategies
MEDIA RELEASE PR32155
Dana Holding Corporation Appoints Ken J. Cao President of Asia Pacific Operations
TOLEDO, Ohio, Oct. 8 /PRNewswire-AsiaNet/ --
Dana Holding Corporation (NYSE: DAN | Quote | Chart | News | PowerRating) today announced that Ken J. Cao has joined the company as president of Asia Pacific operations. Cao will be based in Dana's Shanghai, China, office with responsibility for coordinating growth and activities across Dana's 18 operations in the Asia Pacific region. Dana reported sales of $667 million in the region last year.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
"Having lived and worked in China for most of the past decade, Ken has been directly involved in the significant expansion taking place in the Asia Pacific automotive market," said Dana Chief Executive Officer Gary Convis. "We're excited to add a leader with Ken's combination of deep regional perspective and broad industry experience to Dana's senior management team."
Cao joins Dana after 23 years in the automotive industry, including several international leadership assignments. Most recently, he served as president of Asia Pacific Operations for GKN Sinter Metals, based in Shanghai. Prior to joining GKN, Cao served as vice president and general manager - China for Magna Donnelly from 2002 to 2007. He was general manager of Magneti Marelli's facilities based in Shanghai and Guangzhou, China, from 1998 to 2002. Previously, he also worked for General Motors Corporation and Cummins Engine Company in the USA.
Cao earned a Bachelor of Science degree in automotive engineering from the GMI Engineering and Management Institute in Flint, Mich., as well as a master's degree in engineering from the University of Toronto, and an MBA in finance and general management from the University of Michigan. Cao is also a graduate of Nanjing Mechanical College in Nanjing, China, and completed an executive development program in global leadership at UCLA.
About Dana Holding Corporation
Dana is a world leader in the supply of axles; driveshafts; and structural, sealing, and thermal-management products; as well as genuine service parts. The company's customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce more than 70 million vehicles annually. Based in Toledo, Ohio, the company's operations employ approximately 35,000 people in 26 countries and reported 2007 sales of $8.7 billion. For more information, please visit: www.dana.com . SOURCE Dana Holding Corporation
CONTACT: Chuck Hartlage, Dana Holding Corporation, +1-419-535-4728
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/19990903 DANA
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call: http://www.prnewswire.com/comp 226839.html
Web site: http://www.dana.com
(DAN)
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
