28.08.2007 20:05:00
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Navistar Names David Harrison to Its Board of Directors
Navistar International Corporation (Other OTC: NAVZ) announced today
that David D. Harrison, retired executive vice president and chief
financial officer of Pentair, Inc. has been named to its board of
directors, effective immediately.
The selection of Harrison increases the number of Navistar board members
to 11. He was appointed to be a member of Navistar’s
audit committee and finance committee.
Harrison served as executive vice president and chief executive officer
of Pentair, a $3 billion global manufacturing company with more than
15,000 employees, from 2000 until his retirement in February 2007. Prior
to joining Pentair, Harrison held several executive positions with
General Electric Co. and Borg Warner Corp., including positions in
Europe and Canada.
Currently managing partner of HCI Inc., a real estate investment firm,
Harrison is also a director of National Oilwell Varco Inc., a leading
global manufacturer of oil well drilling equipment, where he serves as
chairman of the audit committee.
"I am extremely delighted that David Harrison
is able to bring his deep knowledge of manufacturing, corporate finance,
acquisitions, and international operations to Navistar,”
said Daniel C. Ustian, Navistar chairman, president and chief executive
officer.
Navistar International Corporation (Other OTC: NAVZ) is a holding
company whose wholly owned subsidiaries produce International(R) brand
commercial trucks, MaxxForce brand diesel engines, IC brand school and
commercial buses, and Workhorse brand chassis for motor homes and step
vans. It also is a private-label designer and manufacturer of diesel
engines for the pickup truck, van and SUV markets. The company also
provides truck and diesel engine parts and service. Another wholly owned
subsidiary offers financing services. Additional information is
available at www.Navistar.com.
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