| Business Summary | | Visteon
Corporation
is
a
global
supplier
of
automotive
systems,
modules
and
components.
The
Company
sells
its
products
primarily
to
global
vehicle
manufacturers,
and
also
sells
to
the
worldwide
aftermarket
for
replacement
and
vehicle
appearance
enhancement
parts.
The
Company
operates
in
three
business
segments:
Comfort,
Communication
&
Safety;
Dynamics
&
Energy
Conversion;
and
Glass.
Visteon
sells
its
products
primarily
to
global
vehicle
manufacturers.
In
addition,
the
Company
sells
products
for
use
as
aftermarket
and
service
parts
to
automotive
original
equipment
manufacturers
and
others
for
resale
through
their
own
independent
distribution
networks. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Visteon
Corporation
is
the
world's
second
largest
supplier
of
automotive
systems,
modules
and
components
to
global
vehicle
manufacturers,
operating
in
three
segments:
Comfort,
Communication
and
Safety,
Dynamics
and
Energy
Conversion
and
Glass.
For
the
six
months
ended
6/30/01,
total
sales
fell
9%
to
$9.63
billion.
Net
loss
totaled
$9
million
vs.
an
income
of
$309
million.
Results
reflect
reduced
volumes
in
the
automotive
industry
and
lower
margins
due
to
lower
volumes
and
prices. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Pestillo, 63 Chairman,
CEO | $4.6M | Michael Johnston, 53 Pres,
COO | -- | Daniel Coulson, 57 CFO,
Exec. VP | 1.5M | James Orchard Pres,
North America and Asia | -- | Robert Womac, 57 Exec.
VP of Operations | 1.5M | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|