VAN BUREN TOWNSHIP, MI -- Visteon today announced that Richard Taggart, executive vice president and chief financial officer for Weyerhaeuser Co, and Donald Stebbins, Visteon president and chief operating officer, have been elected to the company's board of directors, effective Dec. 15.
Taggart, 64, has spent nearly 30 years in positions of increasing responsibility at Weyerhaeuser, North America's largest forest products company with 2005 revenue of $22.6 billion. Taggart was named to his current position at Weyerhaeuser in 2003 after serving as vice president, finance; vice president and treasurer; and vice president, investor relations.
Stebbins, 48, brings more than 20 years business experience in a number of financial and operational roles. He joined Visteon in 2005 from Lear Corp., where he last served as president and chief operating officer of the company's operations in Europe, Asia and Africa. During his tenure at Lear, Stebbins progressed through a variety of senior leadership roles, including serving as senior vice president and chief financial officer.
Visteon also announced that Marla Gottschalk will be stepping down from the board. Gottschalk, chief executive officer of The Pampered Chef, Inc., has been a Visteon director since March 2003.
Visteon expects to increase its size to accommodate another addition to the board in 2007.