Navistar International Corporation
NAV today announced Samuel J. Merksamer, managing director at Icahn
Capital LP, has been appointed to the company's Board of Directors. He
replaces Diane Gulyas, who retired after serving three years as a board
member. Mr. Merksamer's appointment to the board and Ms. Gulyas's retirement
are effective December 10, 2012, maintaining the total number of Navistar
board members at 10, nine of whom are independent.
(Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a)
The appointment of Mr. Merksamer represents the third board member appointment
pursuant to the agreement the company entered into with Icahn Partners and its
affiliated entities ("Icahn") and MHR Fund Management LLC and its affiliated
entities ("MHR"). Mr. Merksamer will stand for election at the company's 2013
Annual Meeting of Shareholders.
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