Navistar Inc.’s chief operating officer retired Thursday and the maker of trucks and engines announced a restructuring of its leadership team.
Jack Allen, 56, who was made chief operating officer since April 2013, had worked for the company for more than 30 years. His retirement was effective immediately.
Lisle-based Navistar said Allen’s responsibilities will be distributed among Bill Kozek, 52, who was promoted to president of truck and parys; Persio Lisboa, 49, promoted to president of operations; and Walter Borst, 52, executive vice president and chief financial officer.
“Jack has been an important leader at this company for more than three decades, and he played a critical role during our turnaround these past two years,” Navistar president and CEO Troy Clarke said. “Now, we are counting on these three talented and energetic leaders to work with me and the rest of the organization to drive Navistar forward on its path to profitable growth.”
“We’re a different company, a better-performing company, than we were two years ago,” Clarke added. “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.”