Jim and Mike will leave the Board at the completion of the share issuance to Volkswagen Truck & Bus or at Navistar's 2017 Annual Meeting of Stockholders, whichever comes first.
Keyes has served as non-executive Chairman of Navistar International Corporation since April 2013. He has been a member of the Board since December 2002.
Michael Hammes has served on the Board since February 1996 and served as lead director of the company from December 2007 to April 2013.
Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, proprietary diesel engines, and IC Bus™ brand school and commercial buses. An affiliate also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com.
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SOURCE Navistar International Corporation