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Traton Extends Navistar CEO Contract By Five Years

By David Sachs

 

Traton extended the contract of its Navistar brand chief executive officer by five years, the firm said late Monday.

The Volkswagen-owned commercial-vehicle maker confirmed Mathias Carlbaum as CEO of the North American truck-and-bus unit until September 2029, effective Oct. 1. Carlbaum has led Navistar since 2021, Traton said.

 

Write to David Sachs at david.sachs@wsj.com

 

(END) Dow Jones Newswires

March 05, 2024 01:27 ET (06:27 GMT)

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