LISLE, Ill. — Navistar has announced a corporate shake-up, which sees expanded responsibilities for some executives and the retirement of chief operating officer Jack Allen.
Allen is stepping down after 33 years with the company, Navistar announced. He has served as executive vice-president and chief operating officer since April 2013.
Meanwhile, Walter Borst, Bill Kozek and Persio Lisboa will be handed expanded roles as part of the restructuring.
“Today is a new beginning for Navistar,” said Troy Clarke, Navistar president and CEO. “We are introducing a new leadership team and organization structure that will guide us into the future and enable us to accelerate our performance now that our turnaround is behind us.”
Kozek, president of North America Truck and Parts, is now president of that group and will also oversee global/export truck and parts sales, product planning and Navistar Defense responsibilities.
Lisboa, formerly senior vice-president and chief procurement officer, has been promoted to president, operations and will now handle product development, manufacturing and global businesses.
Borst was executive vice-president and chief financial officer and will now oversee business development, mergers and acquisitions and corporate strategic planning responsibilities. The structural changes go into place immediately, Navistar announced.
“We’re a different company – a better performing company – than we were two years ago,” said Clarke. “We’ve streamlined the organization, focused our efforts on functional excellence and implemented lean operating principles throughout the company. This new structure will build on those efforts and allow us to grow profitable market share as we more effectively plan, design, build and sell our vehicles, parts and services and deliver industry-leading uptime for our customers.”
Clarke also thanked outgoing Allen for his contributions.
“Jack has been an important leader at this company for more than three decades, and he played a critical role during our turnaround these past two years,” Clarke said. “Now, we are counting on these three talented and energetic leaders to work with me and the rest of the organization to drive Navistar forward on its path to profitable growth.”
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