Navistar International Corp. announced John C. (Jack) Pope, chairman of PFI Group LLC, a financial management firm, has been appointed to the company's board of directors. He replaces David D. Harrison, who elected to retire after serving five years as a board member.
Pope's appointment to the board and Harrison's retirement are effective immediately, maintaining the total number of Navistar board members at 10, nine of whom are independent. Pope will stand for election at the company's 2013 Annual Meeting of Shareholders.
Pope's appointment to the board 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.
Pope is chairman of PFI Group LLC, a financial management firm that invests primarily in private equity opportunities.
Pope has served as a director at Waste Management Inc. since 1997 and was non-executive chairman from 2004 to 2011. He served as chairman of the board of MotivePower Industries Inc., a manufacturer and remanufacturer of locomotives and locomotive components, from December 1995 to November 1999.
He was president and chief operating officer and a member of the board of directors of United Airlines and UAL Corp. until it was purchased by its employees in July 1994. He joined United Airlines and UAL Corp. in January 1988 as executive vice president, chief financial officer, and a member of the board.
Prior to joining United, Pope spent 11 years with American Airlines and its parent, AMR Corporation. In addition to Waste Management, Pope currently serves on the boards of Con-way Inc., Dollar Thrifty Automotive Group, Kraft Foods Group, and R.R. Donnelley & Sons Company.
Navistar Appoints John C. Pope to Board of Directors
Navistar International Corp. announced John C. (Jack) Pope, chairman of PFI Group LLC, a financial management firm, has been appointed to the company's board of directors. He replaces David D. Harrison, who elected to retire after serving five years as a board member
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