logo
Share SHARE
FONT-SIZE Plus   Neg

Visteon Extends Period Of Shareholder Nomination For Election To Board

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Germany, a clean-power trendsetter country, is planning to introduce hydrogen powered trains. The environment friendly "Coradia iLint" long distance passenger hydrails are expected to be operational by the end of 2017. Rogers Communications Inc. and Shaw Communications Inc. are shutting down Shomi, the subscription video-on-demand service run by the two Canadian companies. Shomi said it will shut down operations on November 30, 2016, just two years since its launch. Shomi was viewed as a Canadian competitor to Netflix. Canadian women's fashion retailer Aritzia LP has raised C$400 million in its initial public offering on the Toronto Stock Exchange. Aritzia, Boston-based private equity firm Berkshire Partners LLC, and founder as well as CEO Brian Hill sold 25 million subordinate voting shares for C$16 per share, at the high end of its marketed range of C$14 to C$16 per share.
comments powered by Disqus
Follow RTT