Truck and engine maker Navistar announced Nov. 6 it is restructuring its senior leadership team and that its Chief Operating Officer Jack Allen is retiring after 33 years with the company and a year and a half as COO.
Bill Kozek has been promoted to the president of the company’s Truck and Parts division. Persio Lisboa has been promoted t president of Operations, and Walter Borst will head the company’s business development, mergers and acquisitions and corporate strategic planning, in addition to his current role as executive vice president and chief financial officer.
“Today is a new beginning for Navistar,” said Troy Clarke, Navistar president and CEO. “We’re a different company—a better performing company—than we were two years ago. We’ve streamlined the organization, focused our efforts on functional excellence and implemented lean operating principles throughout the company. This new structure will build on those efforts and allow us to grow profitable market share as we more effectively plan, design, build and sell our vehicles, parts and services and deliver industry-leading uptime for our customers.”