Dana names Hiltz chief financial officer

By Caroline Salls

Pittsburgh, March 7 - Dana Corp. named Kenneth A. Hiltz chief financial officer, according to a company news release.

Hiltz will report to Dana chairman and chief executive officer Mike Burns and will be responsible for leading the advancement of Dana's global financial organization.

Hiltz has more than three decades of financial experience in the heavy manufacturing and automotive, contracting, distribution, retailing and service businesses.

He is also a managing director of AlixPartners, a financial advisory firm specializing in performance improvement and corporate turnarounds. His financial leadership background includes having served as CFO at Foster Wheeler Ltd., chief restructuring officer and CFO of Hayes Lemmerz International, Inc. and CFO of Joy Global, Inc.

A certified management accountant and CPA, Hiltz holds business degrees from Xavier University and the University of Detroit and is an alumnus of the advanced management program at Harvard Business School.

Dana, a Toledo, Ohio-based supplier of components, modules and systems to global vehicle manufacturers and related aftermarkets, filed for bankruptcy on Friday in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 06-10354.

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