1 SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report January 10, 2001 ---------------- (Date of earliest event reported) VISTEON CORPORATION -------------------- (Exact name of registrant as specified in its charter) Delaware 1-15827 38-3519512 -------- ------- ---------- (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 5500 Auto Club Drive, Dearborn, Michigan 48126 - ------------------------------------------ --------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (800)-VISTEON
2 - 2 - ITEM 5. OTHER EVENTS. On January 10, 2001, we issued a press release reporting that our Board of Directors had approved the election of two additional directors. The press release, filed as Exhibit 99.1 to this Current Report on Form 8-K, is incorporated herein by this reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. Exhibit No. Description - ----------- ----------- 99.1 Press release dated January 10, 2001
3 - 3 - SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISTEON CORPORATION Date: January 10, 2001 By: /s/ Stacy L. Fox -------------------------------- Stacy L. Fox Senior Vice President, General Counsel and Secretary
4 - 4- EXHIBIT INDEX Exhibit No. Description Page - ----------- ----------- ---- Exhibit 99.1 Press Release dated January 10, 2001
1 EXHIBIT 99.1 NEWS RELEASE Contact(s): Media Inquiries: Visteon Corporation Liane Smyth Public Affairs 313-755-2916 5500 Auto Club Drive lsmyth1@visteon.com Dearborn, Michigan 48216 Facsimile: 313-755-7983 Investor inquiries: Kent Niederhofer 313-755-3699 kniederh@visteon.com [VISTEON LOGO] DRAFT RELEASE VISTEON ANNOUNCES ADDITION OF TWO MEMBERS TO BOARD OF DIRECTORS DEARBORN, Mich., Jan. 10, 2001 - Visteon Corporation (NYSE: VC) today announced that its Board of Directors has elected Charles L. Schaffer and Steven K. Hamp as members of the Board, effective immediately. They join Peter J. Pestillo, Visteon's Chairman and Chief Executive Officer, and William Gray, Robert Teeter and Robert Jenkins on the Board. The individuals selected were: CHARLES L. SCHAFFER OF ATLANTA, GA. Until his retirement in December 2000, Schaffer was Chief Operating Officer for United Parcel Service. Prior to his position as COO, Schaffer had responsibility for strategic planning, plant engineering, the automotive sector and industrial engineering. Additionally, he served on the UPS Board of Directors and Management Committee since the early 1990s. Before joining UPS in 1970, Schaffer served as a combat engineer for the U.S. Army in Vietnam. Schaffer also is a member of the Board of Trustees for Kettering University and is former Chairman of the Board of that institution. STEVEN K. HAMP OF ANN ARBOR, MICH. Hamp is President of Henry Ford Museum & Greenfield Village. He has been with the museum for more than 20 years, serving in a number of 1.
2 leadership roles including Director of Educational Programs, Director of Programming, Chairman of Collections and Chief Curator of Archival and Library Collections. His many accomplishments at the museum include the largest capital campaign in its history, restoration and expansion of the physical plant, launching the Henry Ford Academy (a public high school), and introducing an IMAX(R) theatre to the museum's campus. Prior to joining Henry Ford, Hamp worked at several museums including the Smithsonian Institute, the University of Michigan Museum of Art and the Indiana University Museum of History, Folklore and Anthropology. In addition to serving on Visteon's Board, Hamp also serves on the boards of the Henry Ford Academy, the Michigan Travel Commission, and The Detroit Economic Growth Corporation and the Detroit Metro Convention and Visitors Bureau. He has a distinguished record of public service, including chairing a new eight-county Greenways environmental initiative in Metro Detroit. In 1999, Hamp was recognized as Michiganian of the Year. And in 2000, Hamp was honored as the first recipient of the Helen and Bill Milliken Distinguished Service Award from the Michigan Environmental Council. "These two individuals are an invaluable addition to Visteon's Board of Directors, not only because they bring with them diverse backgrounds, but because they understand Visteon's global perspective and its need for continued growth and success within the automotive industry," Pestillo said. Visteon Corporation is a leading full-service supplier that delivers consumer-driven technology solutions to automotive manufacturers worldwide and through multiple channels within the global automotive aftermarket. Visteon has a global delivery system of more than 130 technical, manufacturing, sales, and service facilities located in 23 countries. It has 81,000 employees working in three business segments: Dynamics and Energy Conversion; Comfort, Communication and Safety; and Glass. ### Visteon news releases, photographs and product specification details are available at www.visteon.com 2.