Navistar International Corp. announced that John C. (Jack) Pope has been appointed to the company’s board, replacing David D. Harrison, who elected to retire after serving five years as a board member.
According to a press release, Pope is chairman of PFI Group LLC, a financial management firm that invests primarily in private equity opportunities.
Pope’s appointment and Harrison’s retirement are effective immediately, maintaining the total number of Navistar board members at 10, nine of whom are independent.
Pope’s appointment is in addition to the recently announced appointments of Vincent J. Intrieri, Mark H. Rachesky and a third director to be designated and mutually agreed upon by Icahn Partners and MHR Fund Management.
“Jack Pope is a well-respected, deeply experienced business leader, who will provide our board and management team with new insights and perspectives as we continue to implement our strategy and the necessary actions to turn the company’s performance around and drive long-term profitability and shareholder value,” said Lewis Campbell, Navistar’s chairman and CEO. “I also want to thank David Harrison for his many contributions and five years of dedicated service to Navistar.”