LISLE, Ill., Oct. 10, 2018 /PRNewswire/ -- Navistar
International Corporation (NYSE: NAV) today announced that
Kevin M. Sheehan has been named to
its board of directors, effective immediately. Sheehan replaces
Daniel A. Ninivaggi, who resigned
from the board after more than a year of service.
Throughout his career, Sheehan has held a number of executive
roles in the transportation and gaming industries. Most
recently, from August 2016 to
June 2018, Sheehan served as the
president and chief executive officer of Scientific Games, a gaming
and lottery company.
Sheehan has been appointed to the board's audit and compensation
committees.
"We welcome Kevin to the board, and look forward to his
experience and fresh insight, which I'm confident will continue to
drive shareholder value," said Troy A.
Clarke, Navistar chairman, president and chief executive
officer. "I also want to thank Dan for his contributions to our
company, and we wish him well in his future endeavors."
Ninivaggi, the chief executive officer of Icahn Automotive Group
LLC and a managing director of Icahn Enterprises L.P.'s Automotive
Segment, joined Navistar's board of directors in August 2017.
More about Kevin M.
Sheehan
From February
2015 to August 2016, Sheehan
taught full time as the John J. Phelan, Jr. Distinguished Visiting
Professor of Business at Adelphi
University. Prior to that, he held several senior positions
with Norwegian Cruise Line Holdings Ltd. from November 2007 to January
2015, including serving as Chief Executive Officer from
November 2007 to January 2015 and President from November 2007 to January
2010. Sheehan also previously served as Chairman of the
Board and Chief Executive Officer of Cendant Corporation's Vehicle
Services Division, which included global responsibility for Avis
Rent A Car, Budget Rent A Car, Budget Truck, PHH Vehicle
Management, First Fleet and Wright Express. Sheehan serves on the
board of directors for Hertz Global Holdings, Inc., Dave &
Buster's, Inc., and New Media Investment Group Inc. Additionally,
he was a director of Bob Evans Farms, Inc. from 2013 to
2017. Sheehan is a graduate of Hunter
College and New York University
Graduate School of Business and is a Certified Public
Accountant.
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