Tim Leuliette

Visteon's Leuliette rules out sale of climate business sought by Mando

1:33 pm U.S. ET | April 18, 2013
Visteon CEO Tim Leuliette ruled out selling control of the company’s climate-control business that South Korea’s Mando has been seeking to buy. "First of all, the business isn’t for sale," Leuliette said in reference to Halla Visteon Climate Control.... Read More »

 

Visteon eliminates 2 senior execs as climate division shifts to South Korea

11:40 am U.S. ET | April 17, 2013
Visteon said it terminated Joy Greenway, president of its climate controls business, as the supplier moves climate operations to its South Korean joint venture.... Read More »

 

Europe's turnaround to take longer than U.S. rebound, Visteon CEO says

March 1, 2013 06:01 CET
The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the positive results from their plans within a year, Visteon CEO Tim Leuliette said.... Read More »

 

Auto recovery will take longer in Europe than U.S., Visteon CEO says

9:10 am U.S. ET | March 1, 2013
The auto industry's turnaround efforts will take longer to gain traction in Europe than in the United States, where some companies were able to see the fruits of their plans within a year, Visteon CEO Tim Leuliette said Thursday.... Read More »

 

AUTOMOTIVE NEWS WORLD CONGRESS

Collaboration benefits suppliers and automakers

12:01 am U.S. ET | Jan. 21, 2013
Automakers are boosting production and speeding product development by working more closely with their suppliers. And suppliers are turning to nonautomotive clients and personnel to enhance their innovation.... Read More »

 

AUTOMOTIVE NEWS WORLD CONGRESS

4 execs join World Congress panel on purchasing

12:01 am U.S. ET | Dec. 3, 2012
Purchasing executives from Ford, Chrysler Group and two top suppliers will take part in a purchasing panel discussion on Jan. 16, the second day of the 2013 Automotive News World Congress.... Read More »

 

Visteon names former Dura CEO Stafeil as its new CFO

2:20 pm U.S. ET | Oct. 31, 2012
Visteon today announced the hiring of Jeffrey Stafeil, the former CEO of Dura Automotive, as executive vice president and CFO. Stafeil, 42, will join his former boss, CEO Tim Leuliette, at the electronics, interiors and climate-control supplier on Nov. 2.... Read More »

 

New CEO looks to recast Visteon as smaller, more profitable

Oct. 18, 2012 06:01 CET
Visteon, Ford's former in-house megasupplier that produced everything from instrument panels to headlights, is about to get a lot smaller. Under new CEO Tim Leuliette, 62, the company could downsize itself to climate control. In an interview, Leuliette spelled out his plans to recast Visteon.... Read More »

 

THE SUPPLIER SPEAKS: TIM LEULIETTE, CEO, VISTEON

New CEO looks to recast Visteon as smaller, more profitable

12:01 am U.S. ET | Oct. 15, 2012
Visteon, Ford Motor Co.'s former in-house megasupplier that produced everything from instrument panels to headlights, is about to get a lot smaller. Under incoming CEO Tim Leuliette, 62, the company could downsize itself to climate control. In an interview, Leuliette spelled out his plans to recast Visteon.... Read More »

 

Visteon goes Asia-centric with climate control venture

12:01 am U.S. ET | Oct. 8, 2012
Visteon CEO Tim Leuliette is moving the headquarters of his most profitable division -- reincarnated as a joint venture -- to South Korea as part of his effort to recast Visteon as an Asia-centric company.... Read More »

 

Visteon’s Leuliette sees 'clarity' on revamping by end of 2013

2:40 pm U.S. ET | Oct. 4, 2012
Visteon will decide its strategy for each of its units by the end of 2013 and provide investors “clarity,” the company's permanent CEO Tim Leuliette says. Leuliette ascended to CEO after serving as interim chief following the ouster of Don Stebbins on Aug. 10.... Read More »

 

Visteon CFO Welch resigns

Oct. 4, 2012 06:01 CET
Supplier Visteon announced the resignation of Executive Vice President and CFO Martin Welch. Welch will be replaced on an interim basis by Michael Widgren, who has served as Visteon's vice president, corporate controller and chief accounting officer since May 2007.... Read More »

 

Visteon names Leuliette its permanent CEO

9:38 am U.S. ET | Oct. 1, 2012
Visteon, confirming weeks of speculation, today named Timothy Leuliette its permanent CEO and president. Leuliette, 62, will also be replaced as chairman of the supplier by current board member Francis Scricco, 63.... Read More »

 

Visteon said to consider Leuliette as CEO while eyeing unit sale

Sept. 14, 2012 06:34 CET
Visteon is leaning toward naming interim Chief Executive Officer Tim Leuliette to the post permanently after ousting its CEO last month, people familiar with the plans said.... Read More »

 

NEWS ANALYSIS

Visteon's future murky after CEO's departure

2:26 pm U.S. ET | Aug. 21, 2012
Visteon, after 12 years of hemorrhaging cash, the construction of a major southeast Michigan headquarters, a debt-clearing bankruptcy and months of boardroom drama, is a business in flux after the ouster of CEO Don Stebbins. The destiny of Ford's spun-off parts unit seemed all too inevitable after activist board members spent more than a year demanding that a reluctant Stebbins unload the company's valuable Asian assets.... Read More »

 

NEWS ANALYSIS

Visteon looks primed for a deal

12:01 am U.S. ET | Aug. 20, 2012
Visteon Corp.'s transformation from a Ford parts supplier to most likely an Asian company took another twist last week. Visteon said Don Stebbins was out as CEO, replaced on an interim basis by former Dura Automotive CEO and current Visteon board member Tim Leuliette.... Read More »

 

Visteon's Stebbins received $12.6 million separation deal

11:30 am U.S. ET | Aug. 14, 2012
Former Visteon CEO Don Stebbins walked away from the supplier on Friday with a separation package valued at more than $12.6 million. Visteon said Monday that Stebbins, who was CEO for the past four years, and the board reached a separation agreement, which was disclosed in a filing with U.S. securities regulators.... Read More »

 

DUSTIN WALSH

Visteon's boardroom tumult: Connecting all the dots

3:44 pm U.S. ET | Aug. 13, 2012
Late last year, I blogged about whether Visteon would jump the Pacific to Asia. Today, we still don't know for sure, but the pieces are falling into place.... Read More »

 

Visteon CEO Stebbins steps down; industry veteran Leuliette named interim chief

6:36 am U.S. ET | Aug. 13, 2012
Visteon CEO Don Stebbins has stepped down more than four years after he took the top job at the supplier. Industry veteran Tim Leuliette has been named interim CEO and chairman. Last fall, Leuliette was reportedly among independent board members pushing Stebbins to streamline the company. Visteon has posted losses in two of the last three quarters after exiting bankruptcy in 2010.... Read More »

 

Visteon CEO Stebbins steps down; industry veteran Leuliette named interim chief

Aug. 13, 2012 12:36 CET
Visteon CEO Don Stebbins has stepped down more than four years after he took the top job at the supplier. The company named industry veteran Tim Leuliette as interim CEO and chairman. Last autumn, Leuliette was reportedly among independent board members pushing Stebbins to streamline the company. Visteon, which counts on Europe for more than a third of its annual sales, has posted losses in two of the last three quarters after coming out of bankruptcy in 2010.... Read More »