Dana Holding Corp. announced that William Quigley III, formerly chief financial officer at Visteon Corp., has been appointed executive vice president and chief financial officer, effective March 1. James Yost, current executive vice president and chief financial officer, will step down from his role as CFO at that time and will leave the company May 12 when the term of his contract ends. Yost will support Quigley on the transition until his departure.
“Jim has been instrumental during the past four years as Dana has transitioned to a company with solid financial strength,” said Roger Wood, Dana president and chief executive officer. “We wish him the best in his future endeavors.”
Quigley has a long tenure as a finance executive in the automotive and industrial business sectors. As CFO for Visteon, he was responsible for the automotive supplier’s global finance function. “Bill 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.”