SCHAUMBURG, Ill. (March 18, 2009) – Sixteen employees of Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation (NYSE: NAV), accepted the lofty challenge issued by the St. Baldrick’s Foundation and shaved their heads in exchange for donations to help raise money for childhood cancer research. The event raised more than $16,000.

Navistar Financial hosted this event in honor of two children in Schaumburg: Bill Donlon and John Knudson. Bill Donlon passed away in 2006 at the age of 19 after a seven-year battle with Ewing’s Sarcoma. John Knudson, 15, is on the road to recovery after two years of treatment for Ewing’s Sarcoma.

“I am shaving my head in honor of Bill Donlon and Johnny Knudson,” said Linda Scienski, supervisor, asset management, who knows both boys and their families through her church. “Letting go of my hair temporarily is a small sacrifice compared to what children with cancer endure.”

Joe Mrowiec, manager, cash operations, shaved his head alongside of his son Joey, 11, who is a survivor of two unrelated cancers. Joey was first diagnosed with testicular cancer in 1998 at the age of 18 months. He had surgery to remove the tumor and was in good health until the age of six, when he was diagnosed with Acute Lymphoblastic Leukemia.

“Joey lost his entire head of hair within three months, and I shaved my head to support him,” said Mrowiec. Today, Joey is two and a half years post-chemo and will finish his entire treatment plan in the next two and half years. Five years after that he will be declared cancer-free.

The Navistar Financial head-shavers included:
• Eric Bacys, manager, cash operations
• Michael Bloomberg, treasury administrator
• Duane Chubb, manager, treasury operations
• Toby Crookham, senior retail collector
• Jason Koenig, finance administrator
• Joe Marten, remote operations analyst
• Scott McCarron, IT business partner
• Bonnie Jean Miller, administrative assistant
• Joe Mrowiec, manager, cash operations
• Kevin Roesler, senior business analyst
• Chris Schroeder, senior group leader
• Joe Schwellenbach, senior accountant
• Linda Scienski, supervisor, asset management
• Robert Stewart, customer applications senior group manager
• Scott Tipsword, retail collections supervisor
• Rob Watson, business analyst

Bonnie Jean Miller also chose to donate her 18-inch tresses to Locks of Love, a public non-profit organization that provides hairpieces to financially disadvantaged children suffering from long-term medical hair loss.

In addition, two Navistar Financial team members shaved their mustaches:
• Dave Derfelt, controller
• Justin Scheuchenzuber, vice president, corporate initiatives

About the St. Baldrick's Foundation
The St. Baldrick’s Foundation makes grants to research institutions to find new cures for childhood cancer, and to find treatments to ensure a better quality of life for patients and survivors. The foundation funds research projects conducted by established pediatric cancer experts, as well as younger professionals who will be the experts of tomorrow. Funds also enable hundreds of local institutions to participate in national pediatric cancer clinical trials, offering the best available care for every child. The St. Baldrick’s Foundation is grateful to its many volunteers (bald or not!) and donors, including Allied World, elope and PartnerRe. 

About Navistar Financial Corporation
Navistar Financial Corporation provides financial programs and services tailored to meet all Navistar’s customer and dealer equipment-financing needs.