Visteon Elevates Stebbins to CEO; Johnston Continues as Executive Chairman
VAN BUREN TOWNSHIP, Michigan, May 14 /PRNewswire/ --
The board of directors of Visteon Corporation (NYSE: VC) today elected Donald J. Stebbins as president and chief executive officer, effective June 1, 2008. Stebbins, who was president and chief operating officer, succeeds Michael F. Johnston in the CEO role. Johnston will continue as executive chairman of the global automotive supplier.
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Stebbins, 50, has been president and COO since joining Visteon in 2005,…