LISLE, Ill., April 4, 2016 /PRNewswire/ -- Navistar, Inc. announced today it has appointed Jonathan Peisner as vice president, Investor Relations. In this role, Peisner will be responsible for developing Navistar's Investor Relations strategies, leading its investor marketing activities and managing relationships with the company's shareholders and analysts. He replaces Kevin Sadowski, who is moving into another leadership role in the company's Finance group.
Peisner has a 35-year background in accounting, finance and investor relations. He comes to Navistar from Carmel, Ind.-based KAR Auction Services, Inc., a global provider of vehicle auction and related services, where he most recently served as treasurer and vice president, Investor Relations. Prior to that, Jon held leadership roles in Investor Relations at Collins & Aikman and Lear Corporation, both global automotive suppliers.
"Jon has more than 25 years of investor relations experience. He is skilled in working with the investment community and has a history of building strong relationships and ensuring the voice of investors is heard by management," said Walter Borst, CFO, Navistar. "I look forward to the expertise he will bring to this position."
"I'm thrilled to be joining Navistar as head of Investor Relations. Navistar is a major force in the truck and bus industry with great products, a world class management team and a clear focus on innovation," said Peisner. "I'm looking forward to leveraging my many years of investor relations experience as I help communicate the Navistar story to the investment community."
Peisner is a CPA, who holds a bachelor's degree in Accounting from Michigan State University and an MBA in Finance from Wayne State University. He is a member of the National Investor Relations Institute's Senior Roundtable and in 2014, Peisner was ranked the number two IRO in the Retailing/Specialty Stores sector by Institutional Investor Magazine.
"Kevin has done a remarkable job working with our investor community over the past year and a half in providing transparency around our turnaround progress and our long-term strategy," said Borst. "I look forward to Kevin's continued contributions to our Finance team in his new role."
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, Inc.