BNET Industries

Last Fiscal Year Sales:$11.2B
  • Public
  • US
Dow Jones Description

Visteon Corporation (Visteon or the Company) is a leading global supplier of automotive systems, modules and components to global vehicle manufacturers (OEMs) and the automotive aftermarket. The Company is headquartered in Van Buren Township, Michigan, has a workforce of approximately 33,500 employees and has a network of manufacturing sites, technical centers, sales offices and joint ventures located in every major geographic region of the world. The Company was incorporated in Delaware in January 2000 as a wholly-owned subsidiary of Ford Motor Company (Ford or Ford Motor Company). Subsequently, Ford transferred the assets and liabilities comprising its automotive components and systems business to Visteon. The Company separated from Ford on June 28, 2000 when all of the Companys common stock was distributed by Ford to its shareholders. In September 2005, the Company transferred 23 of its North American facilities and certain other related assets and liabilities (the Business) to Automotive Components Holdings, LLC (ACH), an indirect, wholly-owned subsidiary of the Company. On October 1, 2005, the Company sold ACH to Ford for cash proceeds of approximately $300 million, as well as the forgiveness of certain other postretirement employee benefit liabilities and other obligations relating to hourly employees associated with the Business and the assumption of certain other liabilities (together, the ACH Transactions). ...

Chief Executive OfficerDonald J Stebbins
Number of Employees 11,000
Contact Information

1 Village Center Dr

Van Buren Township, Michigan 48111

visteon.com

(313) 755-2800

NAICS Code All Other Motor Vehicle Parts Manufacturing: 336399

Recent Events

  • Statement from Visteon Corporation Welcoming General Electric to Van Buren Township

    6/26/09 - Planned Site Openings - View Story

  • Deadline looms for Carbon

    6/26/09 - Bankruptcy Filings - View Story

  • Attorney says Visteon making progress on financing

    6/20/09 - New Investment - View Story

  • Weak bank stocks drag Dow lower

    6/17/09 - Bankruptcy Filings - View Story

  • GM Purchasing Chief Leaves At Critical Time

    6/12/09 - Bankruptcy Filings - View Story

  • Mobileye and Visteon to Collaborate on the Development of Advanced Lighting Control Strategies

    6/03/09 - Joint Venture / Alliance - View Story

  • Fitch Downgrades Visteon's IDR to 'D' on Chapter 11

    6/03/09 - Bond / Stock Rating - View Story

  • Visteon Bankruptcy Another Wrench In Pardus Plans

    6/01/09 - Merger / Acquisition - View Story

  • Visteon files for bankruptcy as auto-parts sales fall

    5/28/09 - Financial Announcement - View Story

  • Fitch Downgrades Visteon's IDR to 'D' on Chapter 11; 31%-50% Recovery Prospects for Term Loan

    5/28/09 - Bond / Stock Rating - View Story

  • STOCKS NEWS US-Ford has no plans to buy Visteon units

    5/28/09 - Merger / Acquisition - View Story

  • Reko Announces Third Consecutive Quarter of Profitability During Financial Downturn

    6/04/09 - Bankruptcy Filings - View Story

  • Chrysler identifies suppliers for post-bankruptcy

    5/18/09 - New Investment - View Story

  • UPDATE: Visteon Says Ford Has Purchased Its Asset-Backed Loans

    5/15/09 - Licensing / Contract - View Story

  • NEW: Delphi, Visteon see 1st-quarter profits

    5/12/09 - Financial Announcement - View Story

  • Immersion Q1 Forecast: Can It Bring Great Potential Into Actual Revenues?

    5/04/09 - Joint Venture / Alliance - View Story

  • Visteon warns it might file for bankruptcy

    3/31/09 - Financial Announcement - View Story

  • The Companies at Greatest Risk of Default

    3/11/09 - Bond / Stock Rating - View Story

  • Bond Payment Lets Visteon Dodge Bankruptcy

    3/10/09 - Bond / Stock Rating - View Story

  • NYSE set to take Visteon off the list

    3/05/09 - Bankruptcy Filings - View Story

News & Analysis

visteon corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Donald J Stebbins Chief Executive Officer
Heinz Pfannschmidt President, Europe and South America Customer Group
Robert C. Pallash President, Asia Customer Group
Brian Casey Chief Tax Officer
Michael J. Widgren Vice President, Corporate Controller and Chief Accounting Officer
William Quigley Executive Vice President and Chief Financial Officer
Dorothy L. Stephenson Senior Vice President
John Donofrio Senior Vice President & General Counsel
John F. Kill Senior Vice President
Andrew S. Gill Vice President & General Manager, Premier Automotive Customer Business
David A. Doster Vice President, Alliances & Associations
Douglas J. Grimm Vice President & General Manager, Ford Customer Business, North America
Gregory Gyllstrom Vice President & General Manager, Aftermarket, North America
Jodl Coque Vice President, Interior Products
Joel Coque Vice President
Jonathan K. Maples Vice President
Joy Greenway Vice President
Julie A. Fream Vice President
Kimberley Crews Goode Vice President, Corp Communications
Peter Look Vice President & Treasurer
Philip G. Pfefferle Vice President, Finance Process Improvement & General Auditor
Steve Meszaros Vice President
Terry Gohl Vice President
Theophus Mapson Vice President, Audit
Thomas Burke Vice President
Wilfried Janke Vice President & General Manager, German Customer Business
Albert Faraj Director, Product Strategy Visteons
Bob Swanston Director-Electronics Product Development
Damien Germes Director
Daniel Linder Director, Prod Development, Asia Pacific
Derek Fiebig Director, Ir
Henry S. Martin Jr. Assoc, Director, Supplier Diversity Development
Jim Fisher Director, Corp Communications
Jim Ryan Director, Aftermarket Sales, N America
Marla C. Gottschalk Director of the Company
Nurdal Kuecuekkaya Director, Sys
Sergio Olivero Customer Business Group Director
Sherisse Fiorvento Director, Compliance & Assistant General Counsel
Alexandru Ionescu Account Manager, North America Customers
David Chi Product Marketing Manager
Greg Gardner Manager, Corp Communications
Hector Duenas Account Manager
Liane Bilicki Manager, Corp Communications
Melissa Andrade Manager, Corp Communications
Tammera Hallums Manager, Employee Communications, US
Ben Stickler Senior Systems Integration Engineer
Steve S Suber Lead Financial Analyst

Board of Directors

Name (plus bio) Position
Charles L. Schaffer Chairman
Karl J. Krapek Chairman
Peter J Pestillo Chairman of the Board
Alex J. Mandl Board of Directors
James D. Thornton Board of Directors
James F. Palmer Board of Directors
Kathleen J. Hempel Member, Board of Directors
Kenneth B. Woodrow Board of Directors
Patricia L. Higgins Board of Directors
Richard J. Taggart Board of Directors
Steven K. Hamp Board of Directors
Thomas T. Stallkamp Board of Directors
William H. Gray III Board of Directors

As chairman and chief executive officer of Visteon Corporation, Donald J. Stebbins is responsible for leading Visteon's long-term strategy and overseeing the company's global operations and administrative functions. Mr. Stebbins joined Visteon in 2005 as president and chief operating officer, and was elevated to CEO effective June 1, 2008 and to chairman effective December 1, 2008. He has more than 20 years of leadership experience and a solid history of performance in managing global business issues. He has served on Visteon's Board of Directors since December 2006. Mr. Stebbins joined Visteon from Lear Corp., where he was president and chief operating officer of Lear's operations in Europe, Asia and Africa. Prior to this position, he was president and chief operating officer of Lear's operations in the Americas. Stebbins joined Lear in 1992 as vice president and treasurer. He held various financial positions of increasing responsibility with Lear, including a 1997 promotion to senior vice president and chief financial officer. Previous to Lear, Stebbins held positions at Bankers Trust Company and Citibank. Mr. Stebbins holds a bachelor's degree in finance from Miami University in Oxford, Ohio, where he is also a member of its Business Advisory Council. He holds a master's degree in business administration from the University of Michigan. Additionally, he is a member of the board of directors of WABCO Holdings Inc. and the board of trustees of Detroit Country Day School.

Organization Position Status
Visteon Corporation Chief Executive Officer Current
Visteon Corporation Chairman Current
Visteon Corporation Chief Operating Officer Former
Wabco Holdings Inc. Board of Directors Current
Business Advisory Council Board of Directors Current
Ivtm Director Current
Lear Corporation President, Americas Former
Lear Corporation Chief Operating Officer, Americas Former
Lear Corporation Vice President Former
Bankers Trust Company Inc. NA Former
Visteon Corporation Board of Directors Former
Lear Corporation Treasurer Former
University of Michigan Master's Degree In Business Administration Former
Miami University Bachelor's Degree In Finance Former
Organization Position Status
Visteon Corporation President, Europe and South America Customer Group Current
Visteon Corporation Executive Vice President and President, Europe and South America Customer Group Former
TRW, Inc. Managing Director, Europe, Inflatable Restraint Systems Former
TRW, Inc. Executive Committee Member Former
Organization Position Status
Visteon Corporation President, Asia Customer Group Current
Wildlifedirect President, Global Customer Group Current
Visteon Corporation Senior Vice President and President, Asia Customer Group Current
Wildlifedirect Board of Directors Current
FMC Corporation Board of Directors Current
University of Hertfordshire B.A., Business Studies and Languages Former
Organization Position Status
Visteon Corporation Chief Tax Officer Current
Visteon Corporation Vice President Current
Visteon Corporation Treasurer Current
Organization Position Status
Visteon Corporation Vice President, Corporate Controller and Chief Accounting Officer Current

William G. Quigley III has been Visteon s Vice President, Corporate Controller and Chief Accounting Officer since joining the company in December 2004. Before joining Visteon, he was the Vice President and Controller Chief Accounting Officer of Federal-Mogul Corporation since June 2001. Federal-Mogul filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code on October 11, 2001. Mr. Quigley was previously Finance Director Americas and Asia Pacific of Federal-Mogul since July 2000, and Finance Director Aftermarket Business Operations of Federal-Mogul prior thereto.

Organization Position Status
Visteon Corporation Executive Vice President and Chief Financial Officer Current
Visteon Corporation Board of Directors Current
Federal-Mogul Corporation Vice President Former
Federal-Mogul Corporation finance director, Americas and Asia Former
Deloitte Touche Tohmatsu audit manager Former
Federal-Mogul Corporation corporate controller Former
Federal-Mogul Corporation Controller Chief Accounting Officer Former
Organization Position Status
Visteon Corporation Senior Vice President Current
Organization Position Status
Visteon Corporation Senior Vice President & General Counsel Current
Honeywell International Inc. Vice President Former
Kirkland & Ellis LLP Partner Former
Honeywell International Inc. Deputy General Counsel Former
Visteon Corporation General Counsel Former

As senior vice president and president of Visteon Corporation’s (NYSE: VC) North America customer group, John F. Kill oversees new business growth and program management for North American customers. Kill also is responsible for global advanced product development and North American aftermarket operations. He is an elected corporate officer. Previously, he was senior vice president, product development, responsible for the global design, development, commercial and strategic aspects of Visteon’s product portfolio. Prior to that position, he was operations director of Visteon’s climate control division. He joined the company as Visteon’s European operations director. From 1993 to 1997, Kill served as chief engineer for the climate control division of Ford Motor Co., leading to his role as Visteon’s operations director. Kill also held management roles in business planning, quality and engineering within Ford’s diversified product operations and powertrain operations since 1988. He served as an area manufacturing manager at Ford’s Saline, Mich., plant in 1985. Kill began his career at Ford in 1971, holding various engineering positions within the company’s powertrain operations. Kill holds a bachelor's degree in mechanical engineering from the University of Dayton and a master's degree in business administration from Wayne State University in Michigan. He is a member of the Board of Visitors of the School of Business Administration at Wayne State University in Detroit. Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has more than 170 facilities in 24 countries and employs approximately 50,000 people.

Organization Position Status
Visteon Corporation Senior Vice President Current
Wayne State University master's degree in business administration Former
University of Dayton bachelor's degree in mechanical engineering Former
Organization Position Status
Visteon Corporation Vice President & General Manager, Premier Automotive Customer Business Current
Organization Position Status
Visteon Corporation Vice President, Alliances & Associations Current
Organization Position Status
Visteon Corporation Vice President & General Manager, Ford Customer Business, North America Current

As vice president and general manager of Visteon Corporation's (NYSE: VC) North American aftermarket, Gregory Gyllstrom is responsible for expanding the organization's aftermarket business by coordinating and directing the company's sales, product development and marketing activities. Before joining Visteon in October 2002, Gyllstrom worked at Freudenberg-NOK, where he was chief executive officer of Corteco, the company’s automotive aftermarket business. Prior to that, he was president and chief executive officer of Industrial Coating Group Inc., a manufacturer of industrial and commercial coatings. Gyllstrom's more than 20 years of sales and marketing management experience in the industrial and automotive industries was earned in other key executive roles at Reeves International and The Brady Co. As chief operating officer for Reeves, Gyllstrom was responsible for all manufacturing and commercial site activities. During his tenure at Brady, he managed six standalone business divisions in North America. Gyllstrom earned a bachelor’s degree in marketing from the University of Illinois and a master’s of business administration in marketing and finance from DePaul University in Illinois. Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has more than 170 facilities in 24 countries and employs approximately 50,000 people.

Organization Position Status
Visteon Corporation Vice President & General Manager, Aftermarket, North America Current
Freudenberg-Nok Former
Reeves International, Inc. Former
Organization Position Status
Visteon Corporation Vice President, Interior Products Current

Joel Coque has been Visteon s Vice President, Interiors Product Group since August 2005. Prior to that, he was Vice President and General Manager of Visteon s PSA Peugeot-Citroen and Renault/Nissan customer business groups since 2001. Mr. Coque joined Visteon in July 1999 as Managing Director of Interior Systems for Europe and South America. Prior to that, he served as the Managing Director of Plastic Omnium s Automotive Interiors Division.

Organization Position Status
Visteon Corporation Vice President Current
Visteon Corporation General Manager, Psa Peugeot, Citroën and Renault, Nissan Former
Visteon Corporation Managing Director, Plastic Omnium’S Automotive Interiors Division Former
Organization Position Status
Visteon Corporation Vice President Current
Msx International, Inc. Executive Vice President of Business Services Former
Visteon Corporation General Manager of Ford North American Customer Group Former

Joy M. Greenway has been Visteon s Vice President, Climate Product Group since August 2005. Prior to that, she was Director, Powertrain since March 2002, and Director of Visteon s Ford truck customer business group since April 2001. She joined Visteon in 2000 as Director of Fuel Storage and Delivery Strategic Business Unit.

Organization Position Status
Visteon Corporation Vice President Current
Visteon Corporation Director of Fuel Storage and Delivery Strategic Business Unit Former
United Technologies Corporation Former
Organization Position Status
Visteon Corporation Vice President Current
Visteon Corporation General Manager, Renault, Nissan & Daimlerchrysler North American Customer Business Groups Current
Organization Position Status
Visteon Corporation Vice President, Corp Communications Current
Organization Position Status
Visteon Corporation Vice President & Treasurer Current
Organization Position Status
Visteon Corporation Vice President, Finance Process Improvement & General Auditor Current

As vice president of Visteon Corporation’s (NYSE: VC) electronics product group, Steve Meszaros has global responsibility for core engineering, manufacturing, program launches, quality, program purchasing and business planning for electronics. From 2001-2005, Meszaros served concurrently as managing director of Visteon’s China operations and as general manager of Visteon’s China joint venture, Yanfeng Visteon. Prior to that, Meszaros was based in Europe for five years, where he was responsible for Visteon’s interior systems business in the United Kingdom and Germany. In his 18-year career, first at Ford Motor Co. and then at Visteon, he has held a wide range of assignments in manufacturing, product engineering, business development and program management. Meszaros earned a bachelor’s degree in mechanical engineering from the Massachusetts Institute of Technology and a master’s degree in manufacturing systems engineering from Stanford University. Visteon Corporation is a leading global automotive supplier that designs, engineers and manufactures innovative climate, interior, electronic and lighting products for vehicle manufacturers, and also provides a range of products and services to aftermarket customers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Kerpen, Germany; the company has more than 170 facilities in 24 countries and employs approximately 50,000 people.

Organization Position Status
Visteon Corporation Vice President Current
Stanford University master's degree in manufacturing systems engineering Former
Massachusetts Institute of Technology bachelor's degree in mechanical engineering Former
Organization Position Status
Visteon Corporation Vice President Current
Organization Position Status
Visteon Corporation Vice President, Audit Current
GMAC Director Former
Wayne State University bachelor's degree in accounting Former
Organization Position Status
Visteon Corporation Vice President Current
Organization Position Status
Visteon Corporation Vice President & General Manager, German Customer Business Current
Organization Position Status
Visteon Corporation Director, Product Strategy Visteons Current
Organization Position Status
Visteon Corporation Director-Electronics Product Development Current
Organization Position Status
Visteon Corporation Director Current
Organization Position Status
Visteon Corporation Director, Prod Development, Asia Pacific Current

Derek A. Fiebig joined AutoNation in November 2008 and has responsibility for the Company’s interactions and communications with financial analysts and investors. Prior to joining AutoNation, Mr. Fiebig was the Director of Investor Relations at Visteon Corporation from 2001 until November 2008. He also served as Visteon’s Assistant Treasurer – Investor Relations and Capital Markets from 2002 through 2005 – and was a member of the investment committee that had oversight of Visteon’s $1 billion of pension assets. Before joining Visteon, he was Director of Investor Relations for Lear Corporation and held various positions at DaimlerChrysler and Chrysler Corporation including investor relations and treasury-related functions. Mr. Fiebig received an MBA in finance from Indiana University in 1996 and a bachelor’s degree in economics from the University of Michigan in 1991.

Organization Position Status
AutoNation, Inc. Vice President, Investor Relations Current
Visteon Corporation Director, Ir Current
Visteon Corporation Assistant Treasurer Former
Organization Position Status
Visteon Corporation Assoc, Director, Supplier Diversity Development Current
Organization Position Status
Visteon Corporation Director, Corp Communications Current
Visteon Corporation Director, Corp Communications Former
Organization Position Status
Visteon Corporation Director, Aftermarket Sales, N America Current

Marla C. Gottschalk is 45 years old, and she has been a director of the company since March 2003. Ms. Gottschalk has been the President and Chief Operating Officer of The Pampered Chef, Inc., a direct seller of kitchen tools and products, since December 2003. Prior to that she was the Senior Vice President, Financial Planning and Investor Relations for Kraft Foods, Inc. since February 2002, and before that she served as Executive Vice President and General Manager of Kraft s Post Division, and Vice President, Marketing and Strategy for the Kraft Cheese Division.

Organization Position Status
The Pampered Chef, Ltd. President Current
The Pampered Chef, Ltd. Chief Operating Officer Current
Visteon Corporation Director of the Company Current
Visteon Corporation Board of Directors Current
Organization Position Status
Visteon Corporation Director, Sys Current
Organization Position Status
Visteon Corporation Customer Business Group Director Current
Organization Position Status
Visteon Corporation Director, Compliance & Assistant General Counsel Current
Visteon Corporation Director, Compliance & Assistant General Counsel Former
Organization Position Status
Visteon Corporation Account Manager, North America Customers Current
Organization Position Status
Visteon Corporation Product Marketing Manager Current
Organization Position Status
Visteon Corporation Manager, Corp Communications Current
Organization Position Status
Visteon Corporation Account Manager Current
Organization Position Status
Visteon Corporation Manager, Corp Communications Current
Organization Position Status
Visteon Corporation Manager, Corp Communications Current
Visteon Corporation Director, Marketing Former
Organization Position Status
Visteon Corporation Manager, Employee Communications, US Current
Organization Position Status
PMI Great Lakes Chapter Internal Advertising Manager Current
Visteon Corporation Senior Systems Integration Engineer Current
PMI Great Lakes Chapter Board of Directors Current
Organization Position Status
Detroit Chapter of The National Black MBA Association President Current
Visteon Corporation Lead Financial Analyst Current
Detroit Chapter of The National Black MBA Association Board of Directors Current
Detroit Chapter of The National Black MBA Association Vice President of Administration Former
Lawrence Technological University MBA In Finance and Global Businesses Former

Charles L. Schaffer has been a director of the company since January 2001. He is the former chief operating officer of United Parcel Service Inc., a global provider of package delivery services.

Organization Position Status
Visteon Corporation Chairman Current
Visteon Corporation Director Current
Visteon Corporation Organization & Compensation Committee Member Current
United Parcel Service of America, Inc. Chief Operating Officer Former

Karl J. Krapek has been a director of the company since February 2003. He is the former president and chief operating officer of United Technologies Corporation, a global supplier of aerospace and building systems products, a position he held from April 1999 to January 2002. Prior to that, he served as president of United Technologies' Pratt and Whitney division. He also serves as a director of Alcatel-Lucent, Prudential Financial Inc., The Connecticut Bank and Trust Company, and Northrop Grumman Corporation.

Organization Position Status
Visteon Corporation Chairman Current
Prudential Financial, Inc. Board of Directors Current
Ironwood Management Partners II, LLC Board of Directors Current
Northrop Grumman Corporation Board of Directors Current
The Connecticut Bank and Trust Company (Cbt) Board of Directors Current
Alcatel-Lucent Board of Directors Current
United Technologies Corporation President Former
United Technologies Corporation Chief Operating Officer Former
Delta Air Lines, Inc. Director Former
Delta Air Lines, Inc. Board of Directors Former
Purdue University Master of Science Degree Former
Organization Position Status
Visteon Corporation Chairman of the Board Current
Fairfield University bachelor's degree in economics Former

Alex J. Mandl is 65 years old and has been a director of the company since March 2008. Mr. Mandl is currently the non-Executive Chairman of Gemalto, a company resulting from the merger of Axalto Holding N.V. and Gemplus International S.A. From June 2006 until December 2007, Mr. Mandl served as Executive Chairman of Gemalto. Before June 2006, Mr. Mandl was President, Chief Executive Officer and a member of the Board of Directors of Gemplus, positions he held since August 2002. He also serves on the boards of Gemalto N.V., Dell Inc., Hewitt Associates, Inc. and Horizon Lines, Inc.

Organization Position Status
Axalto, Inc. Global Leader Current
Visteon Corporation Board of Directors Current
Horizon Lines, Inc. Board of Directors Current
Gemplus Corp Vice-Chairman of the Board of Directors Current
Gemalto N.V. Board of Directors Current
Core Capital Partners Board of Directors Current
Dell Inc. Board of Directors Current
Hewitt Associates LLC Board of Directors Current
Teligent, Inc. Chief Executive Officer Former
Gemplus International S.A. President & CEO Former
Gemplus Corp CEO Former
AT&T Inc. President Former
AT&T Inc. Chief Financial Officer Former
AT&T Inc. Executive Vice President Former
Boise Cascade, LLC Former
Teligent, Inc. Chairman Former
In-Q-Tel, Inc. Board of Directors Former
Pfizer Inc. Board of Directors Former
American Enterprise Institute for Public Policy Research Board of Directors Former
University of California, Berkeley M.B.A Former

James D. Thornton has been a director of the company since September 2004. He is the former senior executive vice president and director of diversity, recruitment and people services for MBNA America Bank, N.A., a credit-card lending company. Since joining MBNA in 1997, he has held various leadership positions, including director of quality assurance and director of sports marketing, regional director — mid-Atlantic region. He is chairman of the board of trustees at Talladega College in Alabama.

Organization Position Status
Visteon Corporation Board of Directors Current

"James F. Palmer is vice president and chief financial officer for Northrop Grumman Corporation. Palmer is responsible for the company's overall business management function and activities including the controller; treasury; contracts, pricing and supply chain; financial planning; tax; internal audit; investor relations; and trust administration and investments. He provides leadership to the business management organizations within the operating sectors of the company. He also oversees two organizations that provide services across the company: Enterprise Shared Services, which delivers transactional services, and IT Solutions, which provides information technology solutions and services. He is also a member of the company’s corporate policy council. Palmer joined Northrop Grumman from Visteon Corporation where he served as executive vice president and chief financial officer. He joined Visteon in June 2004. He previously served from 2000 to 2004 as president of Boeing Capital Corporation, and from 1997 to 2000 as president of Boeing Shared Services. From 1995 through 1997 he was senior vice president and chief financial officer of the McDonnell Douglas Corporation. At McDonnell Douglas, he also served as vice president and treasurer as well as vice president of business operations and CFO for military aircraft and missiles. Prior to his work at McDonnell Douglas, Palmer worked for twenty years at Ernst & Young, rising to the position of partner. Palmer earned a Bachelor of Science degree in accounting from Southeast Missouri State University. He is a certified public accountant and a member of the Financial Executive Institute. Northrop Grumman Corporation is a leading global security company whose 120,000 employees provide innovative systems, products, and solutions in aerospace, electronics, information systems, shipbuilding and technical services to government and commercial customers worldwide. "

Organization Position Status
Northrop Grumman Corporation Corporate Vice President and Chief Financial Officer Current
Visteon Corporation Board of Directors Current
Boeing Capital Corporation President Former
Visteon Corporation Cfo & Executive Vice President Former
The Boeing Company President, Boeing Capital Corp & Senior Vice President Former

Kathleen J. Hempel was elected a director of Whirlpool Corporation in June 1994. She is a member of the corporate governance & nominating committee and the finance committee of the board of directors. Hempel is the former vice chairman and chief financial officer of Fort Howard Corporation. Hempel joined Fort Howard in 1973 and served as vice president – human resources, executive vice president, and senior executive vice president prior to the 1997 merger with James River Corp. to form Fort James Corporation. She had been a member of Fort Howard's board of directors since 1979 until the 1997 merger. Hempel graduated from the University of Wisconsin, Stevens Point, in 1972 with a Bachelor of Science Degree in Business Administration. She earned her MBA from Arizona State University in Tempe in 1984. Hempel currently is a member of the board of directors of Oshkosh Truck Corporation. Hempel served a gubernatorial appointment to the University of Wisconsin System Board of Regents, is a past member of the board of directors of the National Association of Manufacturers, and is a past member of the American Forest and Paper Association's Tissue Division Board.

Organization Position Status
Whirlpool Corporation Chairman of the Finance Committee Current
Visteon Corporation Member, Board of Directors Current
Kennametal Inc. Member, Board of Directors Current
A.O. Smith Corporation Director Current
Oshkosh Truck Corporation Board of Directors Current
James River Corporation Senior Executive Vice President Former
Actuant Corporation Nominating Committee Chairman Former
Actuant Corporation Board of Directors Former
Whirlpool Corporation Director Former
National Association of Manufacturers Member, Board of Directors Former
Arizona State University MBA Former
University of Wisconsin-Stevens Point Bachelor of Science Degree in Business Administration Former

Array

Organization Position Status
Visteon Corporation Board of Directors Current
Target Corporation Vice Chairman Former
Target Stores President Former
Organization Position Status
Barnes & Noble, Inc. Chair Current
The Travelers Companies, Inc. Board of Directors Current
Internap Network Services Corporation Board of Directors Current
Visteon Corporation Board of Directors Current
Travelers Director Current
Travelers Agribusiness Director Current
Internap Network Services Corporation Vice Chairman Current
Dycom Industries, Inc. Board of Directors Current
Switch & Data Facilities Company, Inc. chief executive officer Former
Switch & Data Facilities Company, Inc. president Former
Alcoa, Inc. Chief Information Officer and Corporate Vice President Former
Internap Network Services Corporation executive vice president Former
Switch & Data Facilities Company, Inc. Board of Directors Former
Barnes & Noble, Inc. Board of Directors Former
Delta Air Lines, Inc. Board of Directors Former
Harvard Business School Bachelor of Arts degree Former

Richard J. Taggart is 66 years old and he has been a director of the Company since December 2006. Mr. Taggart is the former Executive Vice President and Chief Financial Officer of Weyerhaeuser Company, a forest products company, a position he held from April 2003 to June 2007. Prior to that, Mr. Taggart served as Weyerhaeuser s Vice President, Finance since October 2001. He also serves as a director of 3TIER.

Organization Position Status
Tier Company Limited Board of Directors Current
Visteon Corporation Board of Directors Current
Organization Position Status
Visteon Corporation Board of Directors Current
McKinley, Inc. Director Current
The Henry Ford Vice Chairman Current
Ford Motor Company Vice President & Chief of Staff Former

Thomas T. Stallkamp, age 62, has served as a Director of Baxter since 2000. Mr. Stallkamp has been an Industrial Partner in Ripplewood Holdings L.L.C., a New York private equity group, since 2004. From 2003 to 2004, he served as Chairman of MSX International, Inc., a global provider of technology-driven engineering, business and specialized staffing services, and from 2000 to 2003, he served as Vice-Chairman and Chief Executive Officer of MSX. From 1980 to 1999, Mr. Stallkamp held various positions with DaimlerChrysler Corporation and its predecessor Chrysler Corporation, the most recent of which was Vice Chairman and President. Mr. Stallkamp also serves as a director of BorgWarner Inc. and Honsel International Technologies S.A and a director and non-executive co-chairman of Asahi Tec Corporation.

Organization Position Status
Allpar LLC. Vice Chairman and Chief Executive Officer at Msx International Current
Collaborative Management Founder Current
Collaborative Management Principal Current
Visteon Corporation Board of Directors Current
BorgWarner, Inc. Board of Directors Current
Baxter International Inc. Board of Directors Current
Msx International, Inc. Board Member Current
Msx International, Inc. CEO Former
Chrysler Corporation President Former
Msx International, Inc. Chairman Former
Chrysler Corporation Vice Chairman Former
Msx International, Inc. Vice Chairman Former
Miami University Master's Degree In Business Administration Former

Array

Organization Position Status
The Amani Group Founder Current
Loeffler Tuggey Pauerstein Rosenthal Llp Founder and Chairman of The Amani Group Current
Prudential Financial, Inc. Board of Directors Current
The Committee for A Responsible Federal Budget Director Current
Prudential Insurance Director Current
Visteon Corporation Board of Directors Current
JPMorgan Chase & Co. Board of Directors Current
Annenberg Institute Board of Directors Current
Pfizer Inc. Board of Directors Current
Dell Inc. Board of Directors Current
United Negro College Fund Chief Executive Officer Former
United Negro College Fund President Former
United Negro College Fund Adviser Former
Buchanan Ingersoll & Rooney Professional Corporation Senior Advisor of Public Policy and Business Diversity Former
Temple University Professor Former
Princeton Theological Seminary M.A. In Theology Former
Franklin & Marshall College B.A. Former
United States House of Representatives Member Former

Executive News

  • Visteon Files for Chapter 11 Bankruptcy Protection

    Mobile Electronics - 6/02/09 - View Story

  • Visteon U.S. Operations File For Bankruptcy Protection

    Inside INdiana Business - 5/29/09 - View Story

  • Visteon Makes Chapter 11 Filing

    The Wall Street Journal Interactive Edition - 5/29/09 - View Story

  • Visteon files for bankruptcy as auto-parts sales fall

    Greater Fort Wayne Business Weekly - 5/28/09 - View Story

  • Auto parts maker Visteon files for Chapter 11

    USA Today - 5/28/09 - View Story

  • Auto supplier Visteon files for bankruptcy

    Red Orbit - 5/28/09 - View Story

  • 2 Stock Picks: CTX and VSTN (Market Movers)

    Smart Money - 5/28/09 - View Story

  • Auto supplier Visteon files for bankruptcy

    AFP via Yahoo! - 5/28/09 - View Story

  • Auto suppliers Visteon, Metaldyne file for bankruptcy protection

    USA Today - 5/28/09 - View Story

  • 2 Makers of Auto Parts Seek Court Protection

    New York Times - 5/28/09 - View Story

  • Visteon files for Chapter 11 reorganization in US

    TradingMarkets - 5/28/09 - View Story

  • Auto supplier Visteon files Chapter 11

    Biz Journals - 5/28/09 - View Story

  • Visteon Bankruptcy Hearing Expected Friday

    CNBC - 5/28/09 - View Story

  • Visteon files for Chapter 11 for U.S. ops

    EE Times - 5/28/09 - View Story

  • Ford's Largest Supplier Files for Chapter 11

    CNBC - 5/28/09 - View Story

  • Visteon, Metaldyne file for bankruptcy protection

    Globe Investor - 5/28/09 - View Story

  • Two U.S. parts makers bankrupt

    Reuters - 5/28/09 - View Story

  • Visteon files for Chapter 11

    Marketwatch - 5/28/09 - View Story

  • UPDATE 3-U.S. parts makers Visteon, Metaldyne file for Chap 11

    Forbes.com - 5/28/09 - View Story

  • Two U.S. auto parts makers file Chapter 11

    Reuters - 5/28/09 - View Story

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