LISLE, Ill., Aug. 16, 2017 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced that Daniel A. Ninivaggi has been named to its board of directors, effective August 14. Ninivaggi, 53, replaces Samuel J. Merksamer, who resigned from the board after more than four years.
Throughout his career, Mr. Ninivaggi has been a director of numerous public and private companies. Currently, he is chief executive officer of Icahn Automotive Group LLC and managing director, Icahn Enterprises L.P.'s Automotive Segment. He previously served as co-chief executive officer and co-chairman of the board of directors of Federal-Mogul Holdings Corporation, and as chief executive officer of Federal-Mogul Motorparts, based in Southfield, Mich., from February 2014 to March 2017. Mr. Ninivaggi previously served as Chief Executive Officer and President of Icahn Enterprises L.P. from 2010 until 2014.
Mr. Ninivaggi has been appointed to the board's audit and compensation committees.
"We welcome Daniel to the board, and we look forward to his expertise and insights as we continue to execute on our plan to drive long-term profitability and deliver shareholder value," said Troy A. Clarke, Navistar chairman, president and chief executive officer. "I also want to thank Sam for his many years of distinguished service to our company, and wish him well in his future endeavors."
Mr. Merksamer joined Navistar's board of directors in December 2012, when he was serving as a managing director at Icahn Capital LP. He worked at Icahn Capital from 2008 to 2016.
More about Daniel Ninivaggi
From 2010 until 2015, Mr. Ninivaggi held various roles at Icahn Enterprises L.P. and its general partner, Icahn Enterprises G.P. Inc., including director, chief executive officer and president. Mr. Ninivaggi also served as interim president and chief executive officer of Tropicana Entertainment Inc. from 2011 until May 2012. From July 2009 to March 2010, he was Of Counsel to law firm Winston & Strawn LLP, where he had worked as a partner from 1998 to 2003. From 2003 until July 2009, Mr. Ninivaggi served in a variety of executive positions at Lear Corporation. Ninivaggi received a B.A. in history from Columbia University, a master's degree in business administration from the University of Chicago, and a law degree from Stanford University Law School.
Based in Lisle, Illinois, International Motors, LLC* creates solutions that deliver greater uptime and productivity to our customers throughout the full operation of our commercial vehicles. We build International® trucks and engines and IC Bus® school and commercial buses that are as tough and as smart as the people who drive them. We also develop Fleetrite®aftermarket parts. In everything we do, our vision is to accelerate the impact of sustainable mobility to create the cleaner, safer world we all deserve. As of 2021, we joined Scania, MAN and Volkswagen Truck & Bus in TRATON GROUP, a global champion of the truck and transport services industry. To learn more, visit www.International.com.
Media contact:
Nick Smith
nick.smith@navistar.com
480-398-6511
Investor contact:
Marvin Kalberlah
marvin.kalberlah@navistar.com
630-432-5179
*International Motors, LLC is d/b/a International Motors USA LLC in Illinois, Missouri, New Jersey, Ohio, Texas, and Utah.