Navistar Stockholders Re-Elect Three Incumbents to the Board of Directors at Annual Meeting


WARRENVILLE, Ill. (February 17, 2009)
Navistar International Corporation (NYSE: NAV) announced at its Annual Meeting today that stockholders re-elected three incumbent directors to the Board of Directors. The incumbents re-elected for three-year terms were:

• Y. Marc Belton, a director since 1999, is executive vice president, Worldwide Health, Brand and New Business Development of General Mills, Inc., a consumer food products company.

• Terry M. Endsley, a director since 2008, is executive vice president and chief financial officer of Navistar. He joined the company in 1977 and served in a variety of finance positions, including director of Pension and Investment, assistant treasurer and, most recently, senior vice president and treasurer.

• Michael N. Hammes, a director since 1996, is the retired chairman and CEO of Sunrise Medical Inc., which designs, manufacturers and markets home medical equipment worldwide.

Stockholders also approved the ratification of KPMG LLP as the company’s independent registered public accounting firm for fiscal year 2009 and the terms of the performance measurements and goals of the company’s performance incentive plan for purposes of Internal Revenue Code Section 162(m) compliance. No other proposals were presented for action at the Annual Meeting of Stockholders. 91.3 percent of all of the outstanding shares of Navistar were voted at today’s meeting.

Navistar International Corporation (NYSE: NAV) is a holding company whose subsidiaries and affiliates produce International® brand commercial and military trucks, MaxxForce™ brand diesel engines, IC Bus brand school and commercial buses, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

Media contact: Roy Wiley, 630-753-2627
Investor contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroom

 


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