Navistar Names Lewis B. Campbell Executive Chairman And Interim Chief Executive Officer

    Navistar Names Lewis B. Campbell Executive Chairman And Interim Chief
                              Executive Officer

Company Announces Daniel C. Ustian Is Retiring

Also Promotes Troy A. Clarke to President and Chief Operating Officer

PR Newswire

LISLE, Ill., Aug. 27, 2012

LISLE, Ill., Aug. 27, 2012 /PRNewswire/ -- Navistar International Corporation
(NYSE: NAV) today announced that the Board of Directors has appointed Lewis B.
Campbell, former Chairman, President, and Chief Executive Officer of Textron
Inc., Executive Chairman of the Board of Directors and interim Chief Executive
Officer. Daniel C. Ustian has informed the Board that he is retiring as
Chairman, President, and Chief Executive Officer, effective immediately. He
is concurrently leaving the Board of Directors. The Company also announced
that it has promoted Troy A. Clarke, currently President of Truck and Engine
operations at Navistar, to the position of President and Chief Operating
Officer of Navistar.

(Logo: http://photos.prnewswire.com/prnh/20120127/MM32830LOGO-a)

"Lewis Campbell is a high-caliber executive who brings to Navistar deep and
broad strategic, technical and operational skills and a proven track record of
leadership with global industrial companies – including twenty-four years of
experience in product design, engineering and manufacturing in General Motors'
automotive, trucking and component businesses and seventeen years in senior
leadership positions at Textron including more than 10 years as Chairman,
President and CEO. We are very pleased to have him join the team," said
Michael N. Hammes, Navistar's independent Lead Director. "We are also pleased
to promote Troy Clarke to President and COO in recognition of the significant
contributions he has made in challenging assignments since joining the Company
in early 2010. Our Board and management are aligned around a clear path
forward, and we are confident that under the leadership of Lewis and Troy,
Navistar will make continuing progress in executing its near-term strategic
priorities, driving growth and creating shareholder value."

Hammes added, "We appreciate Dan's many contributions and accomplishments
during his 37-year career at Navistar. Under his leadership, Navistar's
revenue grew from approximately $7.7 billion to approximately $14 billion as
the Company significantly expanded its global reach and diversified its
product portfolio, including the addition of Navistar's military business. We
thank Dan for his dedicated service and wish him all the best in the future."

"I am honored to join the Board of Navistar in the new role of Executive
Chairman and to serve as CEO," Campbell said. "I look forward to working with
Navistar's strong leadership team and talented employees, as we continue to
take steps to provide dealers and customers with best-in-class products,
enhance the Company's competitive position, and build on Navistar's platform
for generating profitable growth. At the appropriate time, we will conduct a
search for a long-term CEO, which will include internal and external
candidates."

Lewis Campbell, 66, served as Chairman of Textron Inc., a $12 billion publicly
traded industrial company, from 1999 to 2010, Chief Executive Officer from
1998 to 2009 and President for most of the period from 1994 to 2009. Under
Campbell's leadership Textron successfully underwent a significant
transformation to increase efficiency of operations, consolidate manufacturing
facilities, outsource non-core operations and increase new product
development. Campbell initially joined Textron as Chief Operating Officer in
1992. Prior to joining Textron, Campbell spent 24 years at General Motors
Co., where he served in a variety of roles including Vice President and
General Manager, Flint Automotive Division for Buick/Oldsmobile/Cadillac, as
well as Vice President and General Manager, GMC Truck. Campbell holds a B.S.
in mechanical engineering from Duke University.

Campbell currently serves on the Board of Directors of Bristol-Myers Squibb
Company, where he has been Lead Independent Director since 2008. He is also a
member of the Board of Directors of Sensata Technologies Holding N.V. and the
Board of Trustees of Noblis, Inc., a not-for-profit science, technology and
strategy organization.

Prior to his appointment as President of Truck and Engine operations at
Navistar, Clarke, 57, served as President of the Company's Asia Pacific
operations. Clarke joined Navistar in January 2010 as Senior Vice President,
Strategic Initiatives. Previously, Clarke spent more than 35 years with
General Motors Co. where he served in a variety of roles, including President
of General Motors North America, President and Managing Director of GM's
Mexico operation, Vice President of Manufacturing and Labor Relations, and
President of GM Asia Pacific. He has a B.S. in mechanical engineering from
General Motors Institute, as well as an M.B.A. from the University of
Michigan.

About Navistar

Navistar International Corporation (NYSE: NAV) is a holding company whose
subsidiaries and affiliates produce International® brand commercial and
military trucks, MaxxForce® brand diesel engines, IC Bus™ brand school and
commercial buses, Monaco® RV brands of recreational vehicles, and Workhorse®
brand chassis for motor homes and step vans. It also is a private-label
designer and manufacturer of diesel engines for the pickup truck, van and SUV
markets. The company also provides truck and diesel engine service parts.
Another affiliate offers financing services. Additional information is
available at www.Navistar.com/newsroom.

Cautionary Statement Regarding Forward-Looking Statements

Information provided and statements contained in this report that are not
purely historical are forward-looking statements within the meaning of
Section27A of the Securities Act of 1933, as amended, Section21E of the
Securities Exchange Act of 1934, as amended, and the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements only speak as
of the date of this report and the company assumes no obligation to update the
information included in this report. Such forward-looking statements include
information concerning our possible or assumed future results of operations,
including descriptions of our business strategy. These statements often
include words such as "believe," "expect," "anticipate," "intend," "plan,"
"estimate," or similar expressions. These statements are not guarantees of
performance or results and they involve risks, uncertainties, and assumptions.
For a further description of these factors, see the risk factors set forth in
our filings with the Securities and Exchange Commission, including our annual
report on Form 10-K for the fiscal year ended October 31, 2011 and quarterly
reports for fiscal 2012. Although we believe that these forward-looking
statements are based on reasonable assumptions, there are many factors that
could affect our actual financial results or results of operations and could
cause actual results to differ materially from those in the forward-looking
statements. All future written and oral forward-looking statements by us or
persons acting on our behalf are expressly qualified in their entirety by the
cautionary statements contained or referred to above. Except for our ongoing
obligations to disclose material information as required by the federal
securities laws, we do not have any obligations or intention to release
publicly any revisions to any forward-looking statements to reflect events or
circumstances in the future or to reflect the occurrence of unanticipated
events.

SOURCE Navistar International Corporation

Website: http://www.nav-international.com
Contact: Media, Karen Denning, +1-331-332-3535; Investors, Heather Kos,
+1-331-332-2406; Web site: www.Navistar.com/newsroom