Magliochetti, Dana chairman and CEO, dies unexpectedly

TOLEDO, Ohio (Sept. 23)—Joseph Magliochetti, chairman and CEO of Dana Corp. since 1999, died unexpectedly Sept. 22. He had been hospitalized for several weeks for pancreatitis. Magliochetti, 61, had led Dana in its refusal to accept a takeover bid from competitor Arvin-Meritor Inc. Magliochetti had served as chairman of the Motor Equipment & Manufacturers Association in 2000-01, and was active in other industry organizations including the U.S. Business Roundtable and its Policy Committee, the National Association of Manufacturers, the U.S.-Japan Business Council and the MEMA/JAMA Liaison Committee. In 2002, Magliochetti was awarded the Automotive Hall of Fame Distinguished Service Citation in honor of his contributions to the motor vehicle industry and received MEMA's Triangle Award, the association's most prestigious honor.