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Tag: Lewis Campbell
Business
Navistar cutting costs, reviewing noncore businesses, reducing work force
Navistar International Corp. announced it is increasing efforts to cut discretionary spending and further reduce its material costs as part of its overall cost reduction program. The Lisle, Ill.-based company also announced it has launched a review of all of its noncore businesses with the goal of improving its return on invested capital and driving long-term […]
September 11, 2012
Business
Navistar CEO resigns
Daniel Ustian, president, chairman and CEO of Navistar, is stepping down, the Lisle, Ill.-based company announced this morning. Navistar’s board of directors has appointed Lewis Campbell, former chairman, president, and CEO of Textron Inc., executive chairman of the board of directors and interim CEO as his replacement. The company also announced that it has promoted […]
August 27, 2012
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