Navistar appoints three new directors
José Maria Alapont has been appointed as a member of the Board's Finance Committee.
Mr. Alapont retired in 2012 as President and Chief Executive Officer of Federal-Mogul Corporation, an automotive and industrial equipment supplier.
Mr. Alapont served as Chairman of the Board of Directors of the company from 2005 to 2007 and continued to serve as a Director on the Board until 2013. He is also the former Chief Executive Officer and Director of Fiat Iveco, S.p.A.
Prior to joining Fiat Iveco, Mr. Alapont held executive, Vice President and President, positions for more than 30 years at other leading global vehicle manufacturers and suppliers at Delphi Corporation, Valeo S.A., and Ford Motor Company.
During 2011-2012 he was a member of the Board of Directors of Mentor Graphics Corporation. He was a member of the Davos World Economic Forum and currently serves as a Director of Hinduja Automotive Limited and Manitowoc Corporation.
Stephen R. D'Arcy was appointed as a member of the Board's Audit Committee.
Mr. D'Arcy has served as a Partner of Quantum Group LLC, an investment and consulting firm since 2010.
Previously, he worked for PricewaterhouseCoopers LLP, a multinational professional services firm, for 34 years, serving most recently as Global Automotive Leader from 2002 to 2010.
He served on the Board of Vanguard Health Systems Inc., a company previously listed on the New York Stock Exchange from 2011 to 2013, and currently serves as a Director of Penske Corporation Premier, Inc. and the Hudson-Webber Foundation.
He also served as Non-Executive Chairman of the Board of Trustees of The Detroit Medical Center from 2006 to 2010.
Dennis A. Suskind was appointed as a member of the Board's Compensation Committee.
Mr. Suskind joined J. Aron & Company in 1961 where he served as Executive Vice President and was responsible for the worldwide precious metal trading operations.
In 1980, Mr. Suskind became a general partner of Goldman Sachs upon its acquisition of J. Aron & Company until his retirement in 1991.
During his tenure in trading metals, Mr. Suskind served as Vice Chairman of NYMEX, Vice Chairman of COMEX, a member of the board of the Futures Industry Association, a member of the Board of International Precious Metals Institute, and a member of the boards of the Gold and Silver Institutes in Washington, D.C.
Mr. Suskind previously served on the Board of NYMEX Holdings and currently serves as a Director of the CME Group, Inc. and Bancorp, Inc.