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.
About Navistar
Navistar International Corporation
(NYSE: NAV) is a holding company whose subsidiaries and affiliates
produce International® brand commercial and military
trucks, proprietary diesel engines, and IC Bus® brand
school and commercial buses. An affiliate also provides truck and
diesel engine service parts. Another affiliate offers financing
services. Additional information is available at
www.Navistar.com.
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SOURCE Navistar International Corporation