Thomas Burke, vice president of North American manufacturing at Visteon, is on the way out.
Thomas Burke, 48, vice president of North American manufacturing, will depart this month.
James Orchard, president of North American operations, was terminated in April.
Donald Stebbins, formerly COO of Lear Corp. in Europe, has been named Visteon's COO.
The COO post was last held by Michael Johnston, who is now CEO.
Stebbins will receive a salary of $850,000, a $3 million signing bonus and a guaranteed cash bonus of $807,500, according to a Visteon filing with the U.S. Securities and Exchange Commission.
The management team at Visteon is being reshaped as the company retools its 2000 separation agreement with former owner Ford Motor Co.
Visteon last week said it would transfer 20 plants in the United States and four in Mexico to a separate entity that will be owned by Ford.
Visteon of Van Buren Township, Mich., ranks No. 2 on the Automotive News list of top 150 suppliers to North America with North American original-equipment automotive parts sales of $11.33 billion in 2004.
You may e-mail Bradford Wernle at [email protected]