Tier 1 supplier, Dana has announced changes in its commercial vehicle drive and motion system business leadership, with Ryan Laskey succeeding Mark Wallace, who has announced that he has accepted a CEO position outside the company.

Laskey most recently served as vice-president of Dana Commercial Vehicle Drive and Motion Systems, with responsibility for the business unit's strategy, product planning, engineering, and program management for both traditional and electrified drivelines.

Commenting on the announcement, James Kamsickas, chairman and CEO, Dana said: "Ryan is perfectly suited to lead our commercial vehicle business as we enter the next era of mobility. He has extensive experience working in Dana's commercial vehicle business and has played an integral role in advancing our electrification strategy.  His understanding of the business, strong customer relationships and commitment to quality and innovation make him a strong fit for this important leadership role."

Laskey has been with Dana for more than 20 years, beginning as a co-op and holding roles of increasing responsibility, including chief engineer of driveline applications, director of driveline product engineering, and vice-president of commercial vehicle engineering and quality.  In these roles, he has led numerous program launches, established a strong quality culture, and guided Dana's electrification acquisitions for the commercial vehicle business.

He holds a bachelor's degree in mechanical engineering from the University of Toledo and a Master of Business Administration degree from Purdue University.

At present, Laskey serves as a board member of Dana's largest joint venture in China, as well as the Dana Charitable Foundation, which provides philanthropic support for the U.S. communities in which the company operates.  In his new role, he will be a member of the Dana Leadership Team.

"I also want to thank Mark for his many contributions to Dana. He has been a valued member of our executive team, and I know he will do very well in his new role," added. Kamisckas.