Daniel C. Ustian was the chairman of

Navistar Navistar, Inc is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus br ...

, Inc. beginning in 2004, president and

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

beginning in 2003, and a director beginning in 2002 until his release in 2012. Before serving in these positions, he was president and chief operating officer from 2002 to 2003 and president of the Engine Group of Navistar, Inc. from 1999 to 2002. He also held the position of group vice president and general manager of Engine & Foundry from 1993 to 1999. An alum of

DePaul University DePaul University is a private university, private, Catholic higher education, Catholic research university in Chicago, Illinois. Founded by the Congregation of the Mission, Vincentians in 1898, the university takes its name from the 17th-centu ...

, he was a director of

Monaco Coach Corporation Monaco is a recreational vehicle (RV) brand, manufactured in Decatur, Indiana, and wholly owned by REV Recreation Group. Monaco holds a portfolio of Class A diesel motorhomes. REV Recreation Group is a subsidiary of REV Group. Allied Recreation ...

and a member of the

Business Roundtable The Business Roundtable (BRT) is a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. Unlike the U.S. Chamber of Commerce, whose members are entire businesses, BRT ...

Society of Automotive Engineers SAE International, formerly named the Society of Automotive Engineers, is a United States-based, globally active professional association and standards developing organization for engineering professionals in various industries. SAE Internatio ...

and the

American Foundry Society The American Foundry Society (AFS) is a professional, technical and trade association for foundries and the broader metal casting industry. The society promotes the interests of foundries to policymakers, provides training for foundry workers, an ...

Compensation

While CEO of

Navistar International Navistar, Inc is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus br ...

in 2008, Daniel Ustian earned a total compensation of $6,642,747, which included a base salary of $1,170,833, a cash bonus of $2,589,500, stocks granted of $2,775,216, and no options.

Retirement

Daniel Ustian abruptly retired as president, executive chairman, and CEO of Navistar International on August 27, 2012.

Lewis B. Campbell Lewis B. Campbell is the former interim CEO of Navistar International Corporation and the former CEO of Textron. He received a BSE from Duke University in 1968. After graduation, he began his career at Inland Manufacturing Division of General Moto ...

immediately stepped in to replace him as chairman and interim CEO. Ustian is largely blamed for convincing the company to spend hundreds of millions of dollars on the unproven and noncompliant

exhaust gas recirculation In internal combustion engines, exhaust gas recirculation (EGR) is a nitrogen oxide () emissions reduction technique used in petrol/gasoline, diesel engines and some hydrogen engines. EGR works by recirculating a portion of an engine's exhaust ...

(EGR) technology. EGR did not receive EPA certification, which led to governmental fines, high warranty costs, widespread retrofits, brand damage and loss of marketshare. Since Ustian's departure, the company has struggled to return to profitability. Navistar has also undergone two rounds of lay-offs -- one in August/September 2012 and another in August/September 2013. On March 31, 2016, the Securities and Exchange Commission filed suit against Ustian in the U.S. District Court for Northern Illinois, citing a "campaign of deception" regarding the company's ultimately unsuccessful 2010 emissions compliance strategy. As of August 2018, the SEC suit against Ustian continued to move forward.

References

{{DEFAULTSORT:Ustian, Daniel 1950 births Living people American business executives DePaul University alumni