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Prime Mover Magazine

Navistar appoints new Board member

Navistar has announced that Daniel Ninivaggi has been named to its Board of Directors, replacing Samuel Merksamer, who resigned from the Board after more than four years.

Throughout his career, Ninivaggi has been a Director of numerous public and private companies, Navistar said, currently, as Chief Executive Officer of Icahn Automotive Group and Managing Director, Icahn.

He previously served as co-Chief Executive Officer and co-Chairman of the Board of Directors of Federal-Mogul Holdings Corporation, and as Chief Executive Officer of Federal-Mogul Motorparts, based in Michigan from 2014 to 2017.

"We welcome Daniel to the Board, and we look forward to his expertise and insights as we continue to execute on our plan to drive long-term profitability and deliver shareholder value," said Troy Clarke, Navistar Chairman, President and Chief Executive Officer.

"I also want to thank Sam for his many years of distinguished service to our company, and wish him well in his future endeavours."

Merksamer joined Navistar's Board of Directors in December 2012, when he was serving as a Managing Director at Icahn Capital.

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