WARRENVILLE, ILL. – (June 28, 2011) – Navistar, Inc. today announced that Al Saltiel, former president of NC2 Global, LLC, has returned to Navistar, Inc. as chief marketing officer. NC2, is the 50/50 global joint venture between Caterpillar and Navistar, which develops, manufactures and distributes commercial trucks outside North America and India. Prior to his two-year post at NC2, Saltiel had served as vice president, marketing for Navistar.
Phil Christman, Navistar’s president for global truck operations and a member of the NC2 board of directors, has been named as president of NC2 to leverage opportunities in growth markets.
“Phil’s product and industry knowledge and Al’s ability to advance Navistar’s brand strategy make both men well suited for their new roles,” said Daniel C. Ustian, Navistar’s chairman, president and chief executive officer. “During his time at NC2, Al did an outstanding job of introducing Cat® and International® products and dealers in key markets. He’ll bring bold ideas to our mission of growing Navistar brands globally. Phil’s extensive experience growing our global business makes him the ideal leader to take our JV with Caterpillar to the next level.”
In Saltiel’s new role as chief marketing officer, he will manage Navistar’s marketing resources and will have worldwide responsibility for driving Navistar’s expanding portfolio of brands.
About NC2 Global LLC
NC2 Global LLC is a 50/50 joint venture between Caterpillar (NYSE: CAT) and Navistar, Inc. (NYSE: NAV), which develops, manufactures and distributes commercial trucks globally, outside North America. NC2’s product line features both conventional and cab-over truck designs and is sold under both the International® and Cat® brands. More information is available at www.nc2.com.
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, Monaco® RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. The company also provides truck and diesel engine service parts. 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