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Icahn urges Navistar to offer board seats to shareholders

Sunday, September 9, 2012

WN.com - Business News
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Icahn urges Navistar to offer board seats to shareholders
Sep 10th 2012, 04:13

The embattled U.S. truck and engine maker last month replaced CEO Daniel Ustian with Campbell, a former head of Textron Inc , after its bet on a new generation of diesel engines failed to live up to its promise. "It is ... outrageous that you have not reached out to obtain our opinion on issues such as choosing a new management team to lead this company," said Icahn, who holds a roughly 15 percent stake in the U.S. truck and engine maker....
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