logo
Share SHARE
FONT-SIZE Plus   Neg

Visteon Extends Period Of Shareholder Nomination For Election To Board

Automotive supplier Visteon Corporation (VC: Quote) 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

Editors Pick
Deutsche Bank (DB) on Sunday reported an about 50 percent decline in first-quarter profit, despite clocking double-digit revenue growth, as the German lender recorded hefty legal charges over allegations of rate-rigging. In a statement, the bank said its results were hurt by litigation expenses of... Casino operator Wynn Resorts said its shareholders ousted Elaine Wynn from the board, reflecting fears that her presence may lead to disharmony with the management. To commemorate the launch of Hubble telescope twenty-five year ago, NASA unveiled celestial fireworks as official image, marked by brilliant tapestry of young stars flaring to life.
comments powered by Disqus
Follow RTT