Navistar International (NYSE: NAV) has appointed Persio Lisboa, president of operations, to serve as executive vice president and chief operating officer, and promoted Associate General Counsel Curt Kramer to general counsel.
The company said Thursday Lisboa will assume his new role effective immediately while Kramer will take over from Steven Covey, the retiring senior vice president and general counsel, on April 1.
Troy Clarke, Navistar chairman, president and CEO, noted Lisboa’s nearly three decades of work with the company and said Kramer’s legal expertise has helped drive transformation initiatives.
Lisboa oversaw strategic investments, procurement, product development and manufacturing at Navistar as president of operations and will now be in charge of operations, sales and global business pursuits as COO.
He was part of the team that negotiated the terms in Navistar’s strategic alliance with Volkswagen‘s truck and bus business, the U.S. truck and engine manufacturer said.
Kramer, who also currently serves as corporate secretary, will lead corporate governance and legal functions when he takes his new role as Covey ends 13 years of service as Navistar’s general counsel.