Navistar has appointed Daniel Ninivaggi to its board, replacing Samuel Merksamer, who resigned after more than four years.
Ninivaggi is currently CEO of Icahn Automotive Group and managing director, Icahn Enterprises’ Automotive Segment. He previously served as co-CEO and co-chairman of the Federal-Mogul board and as CEO of Federal-Mogul Motorparts, based in Southfield, Michigan, from February 2014 to March 2017.
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He was also CEO and president of Icahn Enterprises from 2010 until 2014.
“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 Navistar chairman, president and CEO, Troy Clarke.
“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. He worked at Icahn Capital from 2008 to 2016.
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