Automotive supplier Visteon Corporation (VC) said Friday that its board of directors has extended the shareholder nominations of persons for election to the board until 10 days after the filing of the company's proxy statement in late April.
The company said that elections to the board will take place at the company's annual shareholders meet scheduled for June 14, 2012.
The company also noted that its board of directors anticipate that some of the current board members may not seek to be re-elected to the board at the 2012 meeting.
Visteon said that the board has created a special committee to identify candidates for such vacancies and has encouraged shareholders to nominate qualified candidates for consideration on or before April 1.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.