Navistar International Corp. announced that President and CEO Troy A. Clarke has been elected chairman. Clarke succeeds James H. Keyes, whose retirement was previously announced, and became effective as of the annual shareholder meeting Feb. 14,
Keyes had served as non-executive chairman of Navistar’s board since April 2013. In addition, board member Gen. Stanley A. McChrystal was elected as the independent lead director.
“It has been a pleasure to serve on the board for the last four years, and I am honored to have been elected chairman,” said Clarke, who joined Navistar in 2010 as senior vice president-strategic initiatives. “This is an exciting time for Navistar, as we pursue our growth strategies highlighted by significant new product launches and our pending strategic alliance with Volkswagen Truck & Bus. I look forward to continuing to work with our very dynamic board, which is focused on the future and supportive of management’s efforts to create a great truck company.”