{"id":531343,"date":"2021-08-25T10:03:21","date_gmt":"2021-08-25T14:03:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mathias-carlbaum-appointed-ceo-and-president-of-navistar\/"},"modified":"2021-08-25T10:03:21","modified_gmt":"2021-08-25T14:03:21","slug":"mathias-carlbaum-appointed-ceo-and-president-of-navistar","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mathias-carlbaum-appointed-ceo-and-president-of-navistar\/","title":{"rendered":"Mathias Carlbaum appointed CEO and President of Navistar"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">&#8211; Mathias Carlbaum to succeed Persio Lisboa on September 1<\/h2>\n<h2 class=\"xn-hedline\">&#8211; Navistar Board of Directors appoints new Executive Board<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MUNICH<\/span>, <span class=\"xn-chron\">Aug. 25, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The Navistar Board of Directors has appointed Mathias Carlbaum (48) as the new Chief Executive Officer (CEO) and President of Navistar International Corporation effective <span class=\"xn-chron\">September 1, 2021<\/span>. He will succeed <span class=\"xn-person\">Persio Lisboa<\/span> (55), who has held this position since <span class=\"xn-chron\">July 2020<\/span>. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1601250\/Navistar_Mathias_Carlbaum.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1601250\/Navistar_Mathias_Carlbaum.jpg\" title=\"Mathias Carlbaum to become Navistar CEO and President on September 1, 2021.\" alt=\"Mathias Carlbaum to become Navistar CEO and President on September 1, 2021.\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>In his 35 year-long tenure with the company and particularly in his recent roles as COO and CEO, <span class=\"xn-person\">Persio Lisboa<\/span> was instrumental in returning Navistar to profitability and launching and executing a solid strategy called Navistar 4.0. After a short transition phase, Lisboa will retire. <\/p>\n<p>Until the end of <span class=\"xn-chron\">March 2021<\/span>, Mathias Carlbaum was Executive Vice President Commercial Operations at Scania CV AB. After a long management career at Scania, he has extensive experience in sales and international markets. Since <span class=\"xn-chron\">April 2021<\/span>, he has been leading the post-merger management of Navistar on behalf of the TRATON GROUP. <\/p>\n<p>TRATON SE&#8217;s CEO and member of Navistar&#8217;s Board of Directors <span class=\"xn-person\">Matthias Gr\u00fcndler<\/span>: &#8220;Mathias Carlbaum is an internationally experienced Manager with the right skills and mindset to lead Navistar into this new era as part of TRATON GROUP. I am welcoming Mathias in his new responsibility. A great thanks goes to <span class=\"xn-person\">Persio Lisboa<\/span> for his great support before, during and after the merger.&#8221;<\/p>\n<p>To reflect the existing corporate governance of other TRATON GROUP companies, Navistar&#8217;s Board of Directors appointed an Executive Board, effective <span class=\"xn-chron\">September 1, 2021<\/span>, which, alongside CEO Carlbaum, will be made up of five other members: <span class=\"xn-person\">Walter G. Borst<\/span> continues to be Chief Financial Officer until he transitions his role to Do Young Kim on <span class=\"xn-chron\">January 1, 2022<\/span>. It is intended that <span class=\"xn-person\">Walter G. Borst<\/span> will continue to serve as a member of Navistar&#8217;s Board of Directors thereafter. In his current function, Do Young Kim had been the project lead for TRATON&#8217;s IPO and the merger with Navistar. <span class=\"xn-person\">Michael Grahe<\/span>, formerly CTO of the TRATON GROUP, will head Operations, which covers the areas of product development and procurement. Current President of Operations, <span class=\"xn-person\">Phil Christman<\/span>, will remain at Navistar until <span class=\"xn-chron\">March 2022<\/span> to oversee <span class=\"xn-location\">Mexico<\/span> and <span class=\"xn-location\">Brazil<\/span>, as well as transition related tasks and continue reporting to the CEO. <span class=\"xn-person\">Donna G. Dorsey<\/span> will retain responsibility for People &amp; Culture; <span class=\"xn-person\">Friedrich W. Baumann<\/span> remains responsible for Sales, Marketing &amp; Aftersales. <span class=\"xn-person\">Mark Hernandez<\/span> will be also appointed to the Executive Board, remaining responsible for Manufacturing. <\/p>\n<p>Since <span class=\"xn-chron\">September 2016<\/span>, TRATON and Navistar have benefited from a strategic alliance that has generated significant added value for both companies due to higher purchasing power and the integration of new technologies. At the start of 2020, TRATON submitted an initial offer to acquire all of the ordinary shares in Navistar. A binding merger agreement was signed in <span class=\"xn-chron\">November 2020<\/span>. The merger was closed on <span class=\"xn-chron\">July 1, 2021<\/span>.<\/p>\n<p>With its brands Scania, MAN, Volkswagen\u00a0Caminh\u00f5es\u00a0e\u00a0\u00d4nibus, Navistar, and RIO, TRATON\u00a0SE is one of the world&#8217;s leading commercial vehicle manufacturers. Its range includes light-duty commercial vehicles, trucks, and buses. The Group aims to reinvent transportation \u2014 with its products, its services, and as a partner to its customers. For TRATON, sustainable economic growth always includes treating people and nature with respect. The People, Planet, and Performance triad will shape the future of our Company.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1555464\/TRATON_Brands_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1555464\/TRATON_Brands_Logo.jpg\" title=\"Navistar is now part of TRATON SE, a global champion of the truck and transport services industry. (PRNewsfoto\/Navistar International Corporation)\" alt=\"Navistar is now part of TRATON SE, a global champion of the truck and transport services industry. (PRNewsfoto\/Navistar International Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG85468&amp;sd=2021-08-25\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/mathias-carlbaum-appointed-ceo-and-president-of-navistar-301362611.html\">https:\/\/www.prnewswire.com\/news-releases\/mathias-carlbaum-appointed-ceo-and-president-of-navistar-301362611.html<\/a><\/p>\n<p>SOURCE  Navistar International Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG85468&amp;Transmission_Id=202108251000PR_NEWS_USPR_____CG85468&amp;DateId=20210825\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8211; Mathias Carlbaum to succeed Persio Lisboa on September 1 &#8211; Navistar Board of Directors appoints new Executive Board PR Newswire MUNICH, Aug. 25, 2021 \/PRNewswire\/ &#8212;\u00a0The Navistar Board of Directors has appointed Mathias Carlbaum (48) as the new Chief Executive Officer (CEO) and President of Navistar International Corporation effective September 1, 2021. He will succeed Persio Lisboa (55), who has held this position since July 2020. In his 35 year-long tenure with the company and particularly in his recent roles as COO and CEO, Persio Lisboa was instrumental in returning Navistar to profitability and launching and executing a solid strategy called Navistar 4.0. After a short transition phase, Lisboa will retire. Until the end of March 2021, Mathias Carlbaum &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mathias-carlbaum-appointed-ceo-and-president-of-navistar\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mathias Carlbaum appointed CEO and President of Navistar&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-531343","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mathias Carlbaum appointed CEO and President of Navistar - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mathias-carlbaum-appointed-ceo-and-president-of-navistar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mathias Carlbaum appointed CEO and President of Navistar - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"&#8211; Mathias Carlbaum to succeed Persio Lisboa on September 1 &#8211; Navistar Board of Directors appoints new Executive Board PR Newswire MUNICH, Aug. 25, 2021 \/PRNewswire\/ &#8212;\u00a0The Navistar Board of Directors has appointed Mathias Carlbaum (48) as the new Chief Executive Officer (CEO) and President of Navistar International Corporation effective September 1, 2021. He will succeed Persio Lisboa (55), who has held this position since July 2020. In his 35 year-long tenure with the company and particularly in his recent roles as COO and CEO, Persio Lisboa was instrumental in returning Navistar to profitability and launching and executing a solid strategy called Navistar 4.0. After a short transition phase, Lisboa will retire. 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He will succeed Persio Lisboa (55), who has held this position since July 2020. In his 35 year-long tenure with the company and particularly in his recent roles as COO and CEO, Persio Lisboa was instrumental in returning Navistar to profitability and launching and executing a solid strategy called Navistar 4.0. After a short transition phase, Lisboa will retire. 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