LISLE, Ill., April 19, 2018 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) today announced Raymond T. Miller has been named to the company's board of directors, effective immediately. Miller replaces Michael Sirignano, who has resigned from the board after serving for more than four years. Miller has been appointed to the board's audit and compensation committees.
Miller is a Principal at MHR Fund Management LLC and serves on the board of directors at Erickson, Inc., a leading aerospace manufacturer and global provider of aviation services. Prior to joining MHR Fund Management in 2011, Miller spent five years at Guggenheim Partners Investment Management LLC, most recently as an associate, investing in a variety of industries. He holds a B.B.A., with high distinction, from the Stephen M. Ross School of Business at the University of Michigan.
"Ray will provide meaningful shareholder representation on the Navistar board, and we welcome his insights as we continue to drive long-term profitability and deliver shareholder value," said Troy A. Clarke, chairman, president and CEO, Navistar. "I also want to thank Michael for his years of distinguished service to our company, and wish him well in his future endeavors."
Sirignano joined Navistar's board of directors in March 2014, when he was serving as a Principal at MHR Fund Management LLC.
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.