Former Navistar International Corp. CEO Daniel Ustian will get a severance payment of $7.9 million, according to the company's proxy statement, which says stock options and other payments will net him millions more.
The most recent proxy values Mr. Ustian's package at $14.6 million, contingent on a share price of $42.07 on Oct. 31, 2011, the end of the company's fiscal year. More HERE
