MAUMEE, Ohio, May 17, 2016 Dana Holding Corporation (NYSE: DAN) has once again been named to Forbes magazine's list of America's 100 Most Trustworthy Companies. Dana was one of three companies in the Automobiles & Auto Parts category to make the 2016 rankings.
The list was developed to recognize companies that have "consistently demonstrated transparent accounting practices and solid corporate governance," as determined by MSCI ESG Research's "Aggressive Accounting and Governance Risk" score. Dana was selected as one of the top 100 companies after more than 2,500 publicly-traded non-financial companies were reviewed for a number of factors, including the low frequency of high-risk behaviors such as regulatory actions and amended filings, as well as revenue and expense recognition methods. Dana was first named to the list in 2014.
"Dana is committed to the highest standards of ethics, transparency, and compliance in every area of our business," said James Kamsickas, Dana president and chief executive officer. "This recognition affirms what our customers, employees, and shareholders have come to expect from us, and we are proud to once again be honored by an independent review by Forbes and its research partners."
About Dana Holding Corporation
Dana is a global leader in the supply of highly engineered driveline, sealing, and thermal-management technologies that improve the efficiency and performance of vehicles with both conventional and alternative-energy powertrains. Serving three primary markets – passenger vehicle, commercial truck, and off-highway equipment – Dana provides the world's original-equipment manufacturers and the aftermarket with local product and service support through a network of nearly 100 engineering, manufacturing, and distribution facilities. Founded in 1904 and based in Maumee, Ohio, the company employs approximately 23,000 people in 25 countries on six continents. In 2015, Dana generated sales of $6.06 billion. For more information, please visit dana.com.
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SOURCE Dana Holding Corporation
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