DEARBORN, MI — Visteon has appointed James Palmer as executive vice president and CFO, effective June 2.

Palmer replaces Daniel Coulson, who retired on March 31, after 38 years at Visteon and Ford Motor Co. Anjan Chatterjee served as acting CFO during the search for Coulson’s permanent replacement.

Palmer brings more than 30 years of experience in finance and accounting to Visteon, having served in a variety of senior management positions at The Boeing Co. and McDonnell Douglas Corp.

Reporting to Visteon Chairman and CEO Pete Pestillo, Palmer will oversee the corporate finance office, which includes the controller, treasury and tax and audit functions that support Visteon’s global activities. Palmer also will serve as a member of Visteon’s Strategy Council.

Palmer held a variety of senior management positions at Boeing, as well as McDonnell Douglas Corp., prior to the merger of the two companies in 1997. His most recent position, until February 2004, was senior vice president of Boeing, where he also served as president of Boeing Capital Corp. from November 2000 to November 2003.

Palmer is a Certified Public Accountant and a member of the Financial Executive Institute.

To learn more about Visteon, go to: www.visteon.com.

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