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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 (Date of earliest event reported) May 26, 2004

VISTEON CORPORATION

(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of incorporation)
  1-15827
(Commission File Number)
  38-3519512
(IRS Employer Identification No.)
     
17000 Rotunda Drive, Dearborn, Michigan
(Address of principal executive offices)
  48120
(Zip Code)

Registrant’s telephone number, including area code (800)-VISTEON



 


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Item 5. Other Events and Required FD Disclosure.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
SIGNATURE
EXHIBIT INDEX
Press Release, Dated May 26, 2004


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Item 5. Other Events and Required FD Disclosure.

     On May 26, 2004, we issued a press release relating to the appointment of an Executive Vice President and Chief Financial Officer. 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 May 26, 2004

 


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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: May 26, 2004  By:        /s/Stacy L. Fox                        
    Stacy L. Fox   
    Senior Vice President,
General Counsel and Secretary 
 

 


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EXHIBIT INDEX

         
Exhibit No.   Description   Page
 
       
Exhibit 99.1
  Press Release dated May 26, 2004    

 

exv99w1
 

Exhibit 99.1

NEWS RELEASE

         
Contact(s):
  Media Inquiries:
Jim Fisher
(313) 755-0635
jfishe89@visteon.com
  Visteon Corporation
Corporate Communications
17000 Rotunda Drive
Dearborn, Michigan 48120
Facsimile: 313-755-7983
 
       
  Kim Welch
(313) 755-3537
kwelch5@visteon.com
   
 
       
  Investor Inquiries:
Derek Fiebig
(313) 755-3699
dfiebig@visteon.com
   

Visteon Appoints James F. Palmer Executive Vice
President and Chief Financial Officer

DEARBORN, Mich., May 26, 2004 —Visteon Corporation (NYSE: VC) today announced the appointment of James F. Palmer, 54, as executive vice president and chief financial officer, effective June 2. Palmer brings more than 30 years’ experience in finance and accounting to Visteon, having served in a variety of senior management positions at The Boeing Company and McDonnell Douglas Corporation.

Reporting to Visteon Chairman and Chief Executive Officer Pete Pestillo, Palmer will provide strong financial leadership and will oversee the corporate finance office, which includes the controller, treasury, and tax and audit functions that support Visteon’s global activities. Palmer also will serve as a member of Visteon’s Strategy Council.

“We’re very pleased to welcome Jim to the senior management team at Visteon,” said Pestillo. “He brings a unique blend of financial skills and an exceptional wealth of experience and talent that will complement our already strong leadership team.”

Palmer held a variety of senior management positions at Boeing, as well as McDonnell Douglas Corporation, prior to the merger of the two companies in 1997. His most recent position, until February 2004, was senior vice president of The Boeing Company, where he also served as president of Boeing Capital Corporation from November 2000 to November 2003.

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NEWS RELEASE

Palmer has extensive experience in business operations, financial control, external reporting, treasury, investor relations, strategy and corporate development. From 1997 to 2000, he was president of Boeing Shared Services Group. From 1995 to 1997, he served as senior vice president and chief financial officer for McDonnell Douglas Corporation and prior to that, he held the position of vice president and treasurer at the company. Palmer began his career at Ernst & Young in 1971. From 1985 to 1991, he held the position of audit partner, managing a wide variety of clients and services for the firm.

Palmer holds a bachelor’s degree in accounting from Southeast Missouri State University. He is a Certified Public Accountant and a member of the Financial Executive Institute.

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 72,000 employees and a global delivery system of about 200 technical, manufacturing, sales and service facilities located in 25 countries.

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Visteon news releases, photographs and product specification details
are available at www.visteon.com

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