Oct 27, 4:19 PM ET
Visteon said Chief Financial Officer Jerome Rouquet will leave the company effective November 30, 2026, to pursue other opportunities. Colleen Myers, the company's Vice President and Chief Accounting Officer, will serve as interim CFO and principal financial officer while the board searches for a permanent successor. The filing states the departure is not the result of any disagreement over operations, policies, controls or accounting.
- Jerome Rouquet, Senior Vice President and CFO, leaves effective November 30, 2026
- Colleen Myers, 51, named interim CFO; she has been Chief Accounting Officer since January 2024 and joined Visteon in June 2015
- Myers receives a $25,000 monthly stipend while interim CFO; annual base salary rises from $286,000 to $330,000
- Board has initiated a search for a permanent CFO
Read the filing on SEC.gov ↗
Oct 22, 7:03 AM ET
Visteon reported third quarter 2026 net sales of $970 million, up 6% from $917 million a year earlier, and net income attributable to Visteon of $5 million, or $0.19 per diluted share, compared with a loss of $11 million a year earlier. The company raised its full-year sales guidance but lowered its adjusted EBITDA and adjusted free cash flow ranges, citing $77 million of exceptional warranty charges and cost pressures.
- Q3 sales of $970 million, up from $917 million; net income attributable to Visteon of $5 million ($0.19 diluted EPS) versus a $11 million loss a year earlier
- Q3 adjusted EBITDA of $46 million, including $77 million of exceptional warranty charges, compared with $119 million a year earlier
- Full-year 2026 sales guidance raised to $3.80 to $3.85 billion; adjusted EBITDA guidance lowered to $370 to $410 million and adjusted free cash flow guidance lowered to $90 to $130 million
- Completed a $200 million accelerated share repurchase program in the third quarter
Read the filing on SEC.gov ↗
Jul 23, 7:03 AM ET
Visteon reported second quarter 2026 results with lower sales, net income and earnings per share than a year earlier. The company also entered a $200 million accelerated share repurchase with Bank of America under its $800 million buyback authorization, with settlement expected no later than early in the fourth quarter of 2026.
- Net sales were $960 million, compared with $969 million in the second quarter of 2025
- Net income attributable to Visteon was $49 million, or $1.80 per diluted share, versus $71 million, or $2.57 per diluted share, a year earlier
- Adjusted EBITDA was $116 million, a 12.1% margin, compared with $134 million in the prior-year quarter
- The $200 million accelerated share repurchase with Bank of America is expected to be completed early in the fourth quarter of 2026
Read the filing on SEC.gov ↗
Jun 17, 7:10 AM ET
Visteon said its board approved the election of Gary D. Hicok, a former NVIDIA senior vice president, as a director effective July 1, 2026, and assigned him to the Technology Committee. The filing states he will receive a stock unit award and a prorated annual cash retainer as a non-employee director, and the filing reports no financial figures for the appointment.
- Board approved Hicok's election on June 16, 2026, effective July 1, 2026
- Hicok will serve on the Technology Committee of the board
- As a non-employee director, he will receive a stock unit award and a prorated annual cash retainer
- Hicok spent nearly 25 years at NVIDIA, where he led the Automotive business
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
