Posted: November 5, 2002, 7:44 a.m., EST

LAS VEGAS -- Joe Magliochetti, chairman and CEO of Dana Corp., was presented the Triangle Award, MEMA’s highest honor, at a reception Monday night.

“The Triangle Award...is presented to Joe Magliochetti to honor his sustained contributions and leadership in advancing the long-term interests of the motor vehicle products industry,” said Chris Bates, president and CEO of MEMA. “Joe exemplifies the philosophy of this award - many of the most important contributions to the industry are made by those who work quietly and effectively, often in partnership with others, to accomplish great things. His ongoing contributions to industry education, to improved industry management practices and to the enhancement of our industry’s positive role in society are remarkable,” Bates said.

Magliochetti began his automotive career as a management trainee with the Victor Manufacturing Co. of Chicago in 1966. Following Dana’s 1967 acquisition of Victor, he served in a variety of sales, engineering and manufacturing positions at several Dana divisions. In 1975, he moved to the service parts group as plant manager of the Churubusco Distribution Center. He was promoted to general manager of the Spicer Clutch Division in 1978, and was named that division’s vice president and general manager the following year.

In 1980, Magliochetti was named director of drivetrain components for Dana Engineering Ltd., Dana Europe. Later that year he was appointed president of Dana Europe. In 1985, he returned to the United States as group vice president of North American Operations. In 1992, Magliochetti became president of North American Operations and was appointed to the Dana Policy Committee.

He was promoted to president of Dana Corp. in 1996, and was elected to the company’s Board of Directors later that year. In 1997, he was appointed chairman of Dana’s World Operating Committee. Later that year, he was elected COO. Magliochetti was named president and CEO in 1999 and he was elected chairman in 2000.

PRN