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 February 12, 2003 ----------------- (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 (Commission File Number) (IRS Employer of incorporation) Identification No.) 17000 Rotunda, Dearborn, Michigan 48120 ----------------------------------- -------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (800)-VISTEON -------------
-2- ITEM 5. OTHER EVENTS. On February 12, 2003, we issued a press release announcing that our Board of Directors had elected Karl J. Krapek to the Board, and that Kathryn J. Hempel had stepped down from the Board. This 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 February 12, 2003
-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: February 12, 2003 By: /s/ Stacy L. Fox -------------------------------- Stacy L. Fox Senior Vice President, General Counsel and Secretary
-4- EXHIBIT INDEX Exhibit No. Description Page - ----------- ----------- ---- Exhibit 99.1 News Release dated February 12, 2003
[NEWS RELEASE] Contact(s): Visteon Corporation Media Inquiries: 17000 Rotunda Drive Greg Gardner Dearborn, Michigan 48126 Public Affairs 313-755-0927 ggardne9@visteon.com Facsimile: 313-755-7983 Investor inquiries: Derek Fiebig 313-755-3699 dfiebig@visteon.com [VISTEON LOGO] VISTEON ELECTS KARL J. KRAPEK TO BOARD OF DIRECTORS DEARBORN, Mich., Feb. 12, 2003-- Visteon Corporation (NYSE: VC) today announced that its Board of Directors has elected Karl J. Krapek to the Board. Karl Krapek retired in January 2002 from United Technologies Corporation where he was president and chief operating officer since April 1999. He had been a director of UTC since 1977. Prior to that he served as president of UTC's Pratt & Whitney Aircraft Engine division, Carrier Corporation and its Otis Elevator Co. UTC hired Krapek in 1982 as vice president of operations for Otis Elevator. While chairman, president and chief executive officer of Carrier, the company introduced the scroll compressor, a technological breakthrough that improved the energy efficiency of cooling and heating systems. He also led efforts to remove ozone-depleting chlorofluorocarbons from Carrier air conditioning and transportation refrigeration products. He earned a bachelor's degree in industrial engineering from the General Motors Institute (now Kettering University) and a master's of science degree from Purdue University. 1.
[NEWS RELEASE] Krapek serves as vice chairman of the Board of Trustees for the Connecticut State University System and chairs its finance and administration committee, and is a director of St. Francis Care Inc. He served as chairman of the Aerospace Industries Association in 2000-2001 and as national co-chair of the American Architectural Foundation capital campaign to restore the Octagon in Washington, D.C. "We're delighted to have Karl join the Board," Peter J. Pestillo, Visteon's Chairman and Chief Executive Officer said. "He brings an impressive range of talents and leadership that will contribute to improving Visteon's performance and customer orientation." Kathleen Hempel, who has served on Visteon's Board of Directors since July 2001, is stepping down to devote more time to other corporate and civic duties. Krapek joins Pestillo, William Gray, Steven Hamp, Robert Jenkins, Mike Johnston, Charles Schaffer, Thomas Stallkamp and Robert Teeter on the Board. 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 about 77,000 employees and a global delivery system of more than 180 technical, manufacturing, sales and service facilities located in 25 countries. ### Visteon news releases, photographs and product specification details are available at www.visteon.com 2.