Navistar International Corp., parent company of International Truck & Engine Corp., has promoted Bill Caton to executive vp & CFO.

Caton, who joined Navistar last October as executive vp of finance, succeeds Robert C. Lannert, who will remain as vice chairman.

Prior to joining Navistar, Caton, 55, served as the vp & CFO of Dover Diversified, Inc., a manufacturing company.