Navistar International announced that its board of directors has appointed Persio V. Lisboa president and CEO.
Troy A. Clarke, who has held the roles of Navistar president, CEO and member of the board of directors since April 2013 and chairman of the board of directors since February 2017, will continue to serve the company in the newly created position of executive chairman. These changes are effective July 1, 2020.
“Now is an ideal time for Persio to become Navistar’s next chief executive officer. I have enjoyed the opportunity to lead Navistar for the last seven years, but it’s now my intention to move toward retirement.” says Clarke.
“Persio is a strong leader with a proven record of driving results. He understands our industry, knows our business segments and will position the company to capitalize on the opportunities ahead. He’s a champion of our Navistar 4.0 strategy and has an ability to inspire, motivate and connect with employees, partners, customers and industry leaders,” Clarke says. “Persio’s performance history is exactly what’s required by Navistar as we transition into our next chapter, one I’m confident will be even more transformational and exciting than our last.”
In Clarke’s new role of executive chairman, he will dedicate his time to ensure a smooth leadership transition and continue to manage the discussions with Traton, including its current proposal, received Jan. 30, 2020, to acquire Navistar at an offer of $35 per share. As president and CEO, Clarke spearheaded Navistar’s return to profitability and led the charge on the refresh of International’s vehicle lineup.
Lisboa joined Navistar in 1988 and has moved through the company’s ranks, serving as executive vice president and chief operating officer since March 2017. Prior to that, he served in several positions of increasing responsibility in the United States and South America, including president of operations and chief procurement officer.
“I am honored and humbled to lead this great organization that I’ve been a part of for more than 30 years,” says Lisboa. “On behalf of our employees, dealers, customers and shareholders, I want to thank Troy for leading Navistar through a difficult period, establishing our global alliance with Traton and returning our company to growth and profitability.
“Together, the Navistar team and I are committed to delivering on our Navistar 4.0 strategy,” Lisboa says. “We have strong momentum with our new product programs, including those under development with Traton. The execution of our Lean Manufacturing 4.0 vision is on track and we’ll continue to introduce new, innovative business solutions to our customers, from connectivity to advanced technologies. I look forward to taking Navistar into this next phase of our strategy — positioning our brands, International Truck and IC Bus, as industry leaders.”
New manufacturing facility
Navistar also held a virtual groundbreaking ceremony recently to celebrate construction of its new manufacturing facility in San Antonio.
“This groundbreaking ceremony marks a milestone for us in the development of our new state-of-the-art manufacturing facility,” says Clarke. “We are excited to become part of the San Antonio community and we’re confident this facility will reinforce Navistar’s gains in the marketplace.”
Located near Interstate 35, off U.S. Highway 281, the new 900,000 sq.-ft. plant will have the capacity to produce Class 6-8 vehicles. Vehicle production at the facility is scheduled to begin early 2022, bringing more than 600 jobs to the San Antonio area, the OEM says.
In addition to Clarke, ceremony speakers included Lisboa and Mark Hernandez, senior vice president, global manufacturing. Also joining the celebration were San Antonio Mayor Ron Nirenberg, Bexar County Judge Nelson Wolff, Councilwoman Rebecca Viagran, City Manager Erik Walsh and SAEDF CEO Jenna Saucedo-Herrera.
The more than $250 million investment in Texas is a key component to the company’s “Navistar 4.0” growth strategy, the company says. The location of the San Antonio plant allows for significant logistics improvements and a consolidation of the company’s supply base. The new facility also will incorporate the latest manufacturing principles — digital factory, connected machinery, lean manufacturing processes and cloud analytics — to enable predictive quality and maintenance, and allow data-driven decisions to be made on the shop floor in real time.
“We are excited to launch Manufacturing 4.0 concepts at our new facility, as these advancements will reduce manufacturing complexity and increase quality,” Lisboa says. “Sharing these new industrial advances and Manufacturing 4.0 concepts with our existing plants is an additional benefit we anticipate from our experience with this new facility.”
The industry-leading facility will include a general assembly line, body shop, paint shop and logistics center, as well as a truck specialty center to make aftermarket modifications on-site.
“It’s an honor to welcome Navistar into the Lone Star State’s thriving community of innovation, technology and economic momentum,” says Governor Greg Abbott. “The state’s partnership with a leader in commercial vehicle innovation will fuel Texas’ COVID-19 recovery by providing great job opportunities to our diverse and highly skilled manufacturing workforce.”