Navistar has named Christian Schulz to its board of directors, effective immediately.

Schulz replaces Matthias Grundler, who previously resigned from the Navistar board after serving more than a year as a director. Schulz has also been appointed to the board's finance committee.

Schulz is currently CFO of Volkswagen Truck and Bus, soon transforming into Traton and was previously in charge of Corporate Development, Strategy and M&A at the company since January last year.

"We look forward to Christian's contributions to the Navistar board of directors," said Navistar chairman, president and CEO, Troy Clarke. "His automotive and truck experience and knowledge will be of great value to our board and to Navistar management.

"I also want to personally thank Matthias Grundler for his distinguished service to our company. He played a key role in establishing Navistar's global alliance with Volkswagen Truck and Bus and in overseeing the alliance's strong progress. His knowledge, dedication and expertise have been invaluable to Navistar."

Prior to joining the Volkswagen Truck and Bus team in January, 2017, Schulz worked as director of Controlling Operations worldwide at Mercedes-Benz Cars from 2011 to 2016. Between 2008 and 2011, Schulz worked as the controlling director for Purchasing, Production, and Development at Mitsubishi Fuso Truck and Bus in Tokyo.

Schulz began his career at Daimler in 1999 and held various positions in the Finance, Controlling and Risk Management departments.

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