Visteon Appoints Anjan Chatterjee as Acting Chief Financial Officer

Visteon Appoints Anjan Chatterjee as Acting Chief Financial
Officer 


DEARBORN, Mich., April 1  /PRNewswire-FirstCall/ -- Visteon Corporation  today
announced the appointment of Anjan Chatterjee as acting chief financial officer,
effective April 1, 2004.  Chatterjee's interim appointment follows the
previously announced March 31 retirement of Daniel R. Coulson, who has had a
distinguished 38-year career at Visteon and Ford Motor Co. 

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"I'm pleased we're appointing one of our senior corporate officers to this
important role," said Pete Pestillo, chairman and chief executive officer. "The
appointment of Anjan allows us to continue our extensive search at the right
pace so that we may secure the right leader to join our team.  We expect to
secure a permanent chief financial officer early in the second quarter."

Chatterjee joined Visteon in July 2003 as senior vice president, Strategy and
Business Planning.  He is responsible for the company's strategic business
direction by integrating existing product, marketing, manufacturing and supply
chain strategies into a cohesive strategy for the corporation.

Chatterjee came to Visteon from McKinsey and Company where he was director,
automotive sector leader.  In that role he had profit and loss responsibility
for the automotive consulting practice.  During that time he led the development
of a business-building strategy for one of the world's largest automakers.  That
program achieved a paradigm shift that included faster decision making,
cross-functional integration and appropriate accountabilities and incentives. 
He received a bachelor of science degree in electrical engineering from the
Indian Institute of Technology in Delhi, India, and a Master of Science degree
in computer science from George Washington University and a master's in business
administration from Stanford University.

Visteon Corporation is a leading full-service supplier that delivers
consumer-driven technology solutions to automotive manufacturers worldwide and
through multiple channels within the global automotive aftermarket.  Visteon has
approximately 72,000 employeesand a global delivery system of more than 200
technical, manufacturing, sales and service facilities located in 25 countries.


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DATASOURCE: Visteon Corporation



CONTACT:  Media Inquiries: Kimberly A. Welch, [phone],

 , Jim Fisher, [phone],  , or

Investor Inquiries: Derek Fiebig, [phone],  , all

of Visteon Corporation



Web site:  http://www.visteon.com/ 

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