November 07, 2014

Navistar announces new leadership team and organization structure

Navistar, Inc. announced it is restructuring its senior leadership team by giving three executives additional responsibilities. The company also announced that Jack Allen, 56, the company's Executive Vice-President and Chief Operating Officer (COO) since
April 2013, is retiring after more than 33 years of service to the company.

"Today is a new beginning for Navistar," said Troy Clarke, Navistar President & CEO. "We are introducing a new leadership team and organization structure that will guide us into the future and enable us to accelerate our performance now that our turnaround is behind us."

Bill Kozek, 52, President of North America Truck and Parts, has been promoted to President, Truck and Parts, and is adding global/export truck and parts sales, product planning and Navistar Defense to his current responsibilities.

Persio Lisboa, 49, Senior Vice-President and Chief Procurement Officer, has been promoted to President, Operations, and is now also responsible for product development, manufacturing, and global businesses.

Walter Borst, 52, Executive Vice-President and Chief Financial Officer, is adding business development, mergers and acquisitions, and corporate strategic planning responsibilities to his portfolio.

"We're a different company - a better performing company - than we were two years ago," said Clarke. "We've streamlined the organization, focused our efforts on functional excellence and implemented lean operating principles throughout the company. This new structure will build on those efforts and allow us to grow profitable market share as we more effectively plan, design, build and sell our vehicles, parts and services and deliver industry-leading uptime for our customers."

These leadership and structural changes are effective immediately.


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