UNITED STATES 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

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.)

One Village Center Drive, Van Buren Township, Michigan		48111
(Address of principal executive offices)		(Zip Code)

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

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

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SECTION 5 – CORPORATE GOVERNANCE AND MANAGEMENT

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

(b) On February 9, 2007, James F. Palmer notified Visteon Corporation (the “Company”) that he would resign as Executive Vice President and Chief Financial Officer of the Company effective as of March 9, 2007.

(c) On February 9, 2007, the Board of Directors of the Company appointed William G. Quigley III, the Company’s Vice President, Corporate Controller and Chief Accounting Officer, to the additional position of Chief Financial Officer, effective as of March 9, 2007. The Company’s press release relating to the foregoing is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The material terms of Mr. Quigley’s employment arrangements are set forth in the Company’s 2006 proxy statement. Mr. Quigley’s experience is set forth in Item 4A of the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2005, and is incorporated herein by reference.

SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. Financial Statements and Exhibits.

(c) Exhibits.

99.1

Press release dated February 13, 2007.

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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.

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EXHIBIT INDEX

Exhibit No.		Description		Page
99.1		Press Release dated February 13, 2007.

NEWS RELEASE		EXHIBIT 99.1

Visteon Appoints William G. Quigley as Chief Financial Officer

VAN BUREN TOWNSHIP, Mich., Feb. 13, 2007 — Global automotive supplier Visteon Corporation (NYSE: VC) has named William G. Quigley III as chief financial officer effective March 9. He will assume this role and continue as the company’s chief accounting officer.

“Bill Quigley brings strong financial acumen and industry knowledge that positions him to take on this key role to help Visteon continue driving its three-year improvement plan,” said Michael F. Johnston, Visteon Chairman and Chief Executive Officer. “Being able to draw on talent from within our organization enables us to ensure a seamless transition and continued momentum in executing our plan.”

Quigley, who currently serves as vice president, corporate controller and chief accounting officer for Visteon, has been responsible for leading the company’s financial planning, analysis and reporting. He joined Visteon in 2005 and is an elected corporate officer.

Prior to joining Visteon, Quigley was vice president and corporate controller for Federal-Mogul Corp., where he held several management positions during his 10-year tenure. Before that, Quigley was an assistant corporate controller at Nissan Research and Development and an audit manager at Deloitte & Touche.

Quigley earned a bachelor’s degree in accounting from Michigan State University and is a certified public accountant in the state of Michigan. He is a member of the American Institute of Certified Public Accountants and the Michigan Association of CPAs.

Quigley will replace James F. Palmer who was named CFO for Northrop Grumman, a $30 billion global defense and technology company headquartered in Los Angeles. Palmer served as Visteon’s executive vice president and CFO since 2004.

Johnston added, “We appreciate Jim Palmer’s significant contribution to Visteon. He played an important role in bringing together the Ford agreement that set Visteon on a path to improve its cost structure and competitiveness. We wish him the best in his new assignment.”

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 26 countries and employs approximately 46,000 people.

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

Contacts:		Media Inquiries				Investor Inquiries
		Kimberley Goode		Jim Fisher		Derek Fiebig		Visteon Corporation
		734-710-5000		734-710-5557		743-710-5800		One Village Center Drive
		kgoode@visteon.com		jfishe89@visteon.com		dfiebig@visteon.com		Van Buren Twp., Mich., 48111