Donald J. Stebbins Elected President and CEO of Visteon Corporation

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May 14, 2008, Van Buren Township, Mi., USA - The board of directors of Visteon Corporation elected Donald J. Stebbins as president and chief executive officer, effective June 1, 2008.

Mr. Stebbins has more than 20 years of leadership experience. Mr. Stebbins holds a bachelor's degree in finance from Miami University in Oxford, Ohio, where he is also a member of its Business Advisory Council. Mr. Stebbins holds a master's degree in business administration from the University of Michigan. Mr. Stebbins joined Visteon from Lear Corp., where he was president and chief operating officer of Lear's operations in Europe, Asia and Africa. Previously, Mr. Stebbins was president and COO of Lear's operations in the Americas. Stebbins joined Lear in 1992 as vice president and treasurer. He held various financial positions of increasing responsibility with Lear, including a 1997 promotion to senior vice president and chief financial officer. Previously, he held positions at Bankers Trust Company and Citibank. Mr. Stebbins has served on Visteon's board of directors since December 2006. Additionally, he is a member of the board of directors of WABCO Holdings Inc.

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