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Navistar Names Sharp to Lead Information Technology Operations

11/12/2007
Navistar Names Sharp to Lead Information Technology OperationsWARRENVILLE, Ill., Nov 12, 2007 (BUSINESS WIRE) -- Navistar International Corporation today announced that Don Sharp has joined the company as vice president and chief information officer.

Sharp, 39, joins Navistar from his own consulting company which specialized in helping companies identify ways that technology can strategically drive shareholder value and in managing large enterprise initiatives. For the past nine months, Sharp worked as a consultant for Navistar as a program manager on the company's restatement/reaudit efforts.

"Sharp brings to Navistar a wealth of leadership experience" said Daniel C. Ustian, Navistar chairman, president and chief executive officer. "We have gotten to know Don well over the past nine months and believe that his background and management style will fit well with our company."

According to Ustian, Sharp will work with the company's IT team to develop strong processes, standards and procedures related to IT, and will determine the requirements to strategically upgrade or replace applications, systems and technologies to strengthen and streamline the company's IT infrastructure.

Ustian said to underscore the strategic importance of the IT function, it will now report directly into the office of the CEO.

"This will provide the appropriate platform to serve the needs of the entire enterprise, especially one with the significant growth strategies and plans that we have in place," Ustian said.

Sharp has nearly 20 years of professional experience working for companies that range from start-ups to Fortune 50 organizations. Don has worked on a wide variety of projects for his clients, ranging from core operational system development and implementation to Enterprise Architecture Plans and Internet strategies.

He has a bachelor's degree from the University of Notre Dame, where he graduated with honors.

Navistar International Corporation (Other OTC: NAVZ) is the parent company of International Truck and Engine Corporation. The company produces International® brand commercial trucks, mid-range diesel engines and IC brand school buses, Workhorse brand chassis for motor homes and step vans, and is a private label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. Navistar is also a provider of truck and diesel engine parts. A wholly owned subsidiary offers financing services. Additional information is available at: www.navistar.com.

SOURCE: Navistar International Corporation

Navistar International Corporation Media Contact: Roy Wiley, 630-753-2627 or Investor Contact: Heather Kos, 630-753-2406 Web site: www.navistar.com



Copyright Business Wire 2007

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