VAN BUREN TOWNSHIP, Mich.,
Jan. 26, 2016 /PRNewswire/
-- Visteon Corporation (NYSE: VC) today announced that
Jeffrey M. Stafeil, executive vice
president and chief financial officer, will leave the company after
the appointment of his successor. Stafeil has agreed to remain in
the role to ensure an orderly transition until a successor is
hired, which the company is targeting by the end of the first
quarter of 2016.
Stafeil has been with Visteon since October 2012. During his tenure, Visteon has
transformed from a multi-product automotive supplier to a focused
supplier of cockpit electronics and software to the global
automotive industry.
"Jeff was instrumental in executing the strategy that resulted
in this transformation of Visteon, and has an excellent record of
delivering solid financial results and generating significant
returns for investors," Lawande said. "With Visteon now a pure-play
cockpit electronics supplier, Jeff and I have agreed that now is
the appropriate time to transition to a new financial leader for
this new phase of the company's evolution. On behalf of our board
of directors, shareholders and employees, I thank Jeff for his
dedication and commitment to Visteon and wish him success in the
future."
About Visteon
Visteon is a global company that
designs, engineers and manufactures innovative cockpit electronics
products and connected car solutions for most of the world's major
vehicle manufacturers. Visteon is a leading provider of instrument
clusters, head-up displays, information displays, infotainment,
connected audio, and connectivity and telematics; its brands
include Lightscape®, OpenAir® and SmartCore™. Headquartered in
Van Buren Township, Michigan,
Visteon has nearly 11,000 employees at 50 facilities in 19
countries. Visteon had $3.1 billion
in electronics sales over the last 12 months. Learn more
at www.visteon.com.
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SOURCE Visteon Corporation