WARRENVILLE, Ill., Feb 16, 2010 (BUSINESS WIRE) -- Navistar International Corporation (NYSE: NAV) announced that stockholders at its annual meeting today elected three incumbent directors to the board of directors, ratified the selection of KPMG as the company's independent registered public accounting firm and approved amendments to the company's performance incentive plan.
The director incumbents elected for a three-year term are:
One of the amendments to the company's performance incentive plan increased the number of shares available for issuance to 5,750,000 shares from 3,250,000 shares. The other amendment added an additional performance measure, earnings before interest and taxes, to the performance incentive plan. No other proposals were presented for action and 87.92 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(R) brand commercial and military trucks, MaxxForce(R) brand diesel engines, IC Bus(TM) brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse(R) 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 service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.
SOURCE: Navistar International Corporation
Navistar International Corporation
Media contact: Roy Wiley, 630-753-2627
Investor contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroom
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