Stacy Fox joined Visteon in 2000. She had worked at Johnson Controls.
Stacy Fox, 51, Visteon's chief legal officer, also is to receive a retainer of $40,000 a month as part of a consulting contract with the Van Buren Township, Mich., company. The agreement ends Dec. 31.
Fox joined Visteon in January 2000 to assist with the spinoff of the parts company from parent Ford Motor Co. Nine months later, Michael Johnston joined Visteon as president. He now is CEO.
Both Fox and Johnston had worked at Johnson Controls Inc. before joining Visteon.