The Navistar board of directors has appointed Mathias Carlbaum as the new president and CEO of Navistar International Corporation effective Sept. 1. He will succeed Persio Lisboa, 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 worked to return Navistar to profitability; he launched and executed a solid strategy called Navistar 4.0. After a short transition phase, Lisboa will retire.
Until the end of March 2021, Mathias Carlbaum was EVP of commercial operations at Scania CV AB. After a long management career at Scania, he gained extensive experience in sales and international markets. Since April 2021, he has been leading the post-merger management of Navistar on behalf of the Traton Group.
"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,” said Matthias Gründler, Traton SE's CEO and member of Navistar's board of directors. “I am welcoming Mathias in his new responsibility. A great thanks goes to Persio Lisboa for his great support before, during and after the merger."
To reflect the existing corporate governance of other Traton Group companies, Navistar's board of directors appointed an executive board, effective September 1, which, alongside Carlbaum, will be made up of five other members:
- Walter Borst continues to be CFO until he transitions his role to Do Young Kim on January 1, 2022. It is intended that Borst will continue to serve as a member of Navistar's board of directors thereafter. In his current function, Do Young Kim had been the project lead for Traton's IPO and the merger with Navistar.
- Michael Grahe, formerly CTO of the Traton Group, will head operations, which covers the areas of product development and procurement. Phil Christman, current president of operations, will remain at Navistar until March 2022 to oversee Mexico and Brazil, as well as transition related tasks and continue reporting to the CEO.
- Donna Dorsey will retain responsibility for people and culture
- Friedrich Baumann remains responsible for sales, marketing, and aftersales
- Mark Hernandez will be also appointed to the executive board, remaining responsible for manufacturing
