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
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT