Lisle, Ill., USA - August 27, 2012, Lisle, Ill., USA - Navistar International Corporation, a holding company, announced that it has appointed Lewis B. Campbell as executive chairman of the board of directors and interim chief executive officer.
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Mr. Campbell served as Chairman of Textron Inc., an industrial company, from 1999 to 2010, Chief Executive Officer from 1998 to 2009 and President for most of the period from 1994 to 2009.
Mr. Campbell initially joined Textron as Chief Operating Officer in 1992.
Prior to joining Textron, he spent 24 years at General Motors Co., where he served in a variety of roles including Vice President and General Manager, Flint Automotive Division for Buick/Oldsmobile/Cadillac, as well as Vice President and General Manager, GMC Truck.
Mr. Campbell currently serves on the Board of Directors of Bristol-Myers Squibb Company, where he has been Lead Independent Director since 2008.
He is also a member of the Board of Directors of Sensata Technologies Holding N.V. and the Board of Trustees of Noblis, Inc., a not-for-profit science, technology and strategy organization. Mr. Campbell holds a B.S. in mechanical engineering from Duke University.
Daniel C. Ustian has informed the Board that he is retiring as Chairman, President, and Chief Executive Officer, effective immediately. He is concurrently leaving the Board of Directors.
Before being named CEO in 2003 and chairman in 2004, Mr. Ustian served as president and chief operating officer starting in 2002, overseeing the company’s truck and engine operations.
He served as president of Navistar’s engine group from 1999 to 2002 and group vice president and general manager of engine and foundry from 1990 to 1999.
Mr. Ustian joined the company in 1973 and held a number of manufacturing and financial positions in its agricultural and truck groups. He was vice president of manufacturing for the engine and foundry group before he was named to head the group in 1993.
Mr. Ustian received a bachelor’s degree in business administration from Chicago’s DePaul University in 1972. He is a member of DePaul’s board of trustees.
He also is a member of the Business Roundtable, the Business Council, the Society of Automotive Engineers, the American Foundry Association and the Executives’ Club of Chicago. In addition, he is a member of the AGCO board of directors.
The Company also announced that it has promoted Troy A. Clarke, currently President of Truck and Engine operations at Navistar, to the position of President and Chief Operating Officer of Navistar.
Prior to his appointment as President of Truck and Engine operations at Navistar, Mr. Clarke served as President of the Company's Asia Pacific operations.
Mr. Clarke joined Navistar in January 2010 as Senior Vice President, Strategic Initiatives.
Previously, he spent more than 35 years with General Motors Co. where he served in a variety of roles, including President of General Motors North America, President and Managing Director of GM's Mexico operation, Vice President of Manufacturing and Labor Relations, and President of GM Asia Pacific. ■