The board of Navistar International Corporation yesterday elected Daniel C. Ustian, president and chief executive officer, to the additional post of chairman, effective Feb. 17, 2004, following the company's annual meeting.
Ustian, 53, will succeed John R. Horne, who has served as chairman of the board since April 1, 1996 and is retiring from the board. Horne had served as chief executive officer from April 1995 until February 2003 when Ustian succeeded him.
Ustian joined the company in 1973 and has served in a number of manufacturing and financial positions in its agricultural, truck and engine groups. At International Truck and Engine Corporation, Ustian was elected group vice president and general manager of the engine group in November 1990, and president of the engine group in July 1999.