VAN BUREN TOWNSHIP, Mich.,
Jan. 6, 2015 /PRNewswire/ -- Visteon
Corporation (NYSE: VC) announced today that Joanne M. Maguire and Rouzbeh Yassini-Fard have
been appointed to the company's board of directors, effective
immediately.
Maguire, 60, served as executive vice president of Lockheed
Martin Space Systems Company, a provider of advanced technology
systems for national security, civil and commercial customers, from
July 2006 until she retired in
May 2013. Yassini-Fard, 56, an
experienced entrepreneur in broadband technology, is the founder
and CEO of YAS Capital Partners, a boutique firm specializing in
broadband consulting, investment and research founded in 1997. He
is known for his pioneering work in cable broadband technology and
as the "father of the cable modem."
"I am delighted to welcome Joanne and Rouzbeh to our board of
directors," said Timothy D.
Leuliette, Visteon's president and CEO. "Their exceptional
experience and passion for innovation and technology aligns well
with our focus as a global, technology-driven provider of
automotive cockpit electronics and connected car
services."
Francis M. Scricco, non-executive
chairman of Visteon's board of directors, said, "Our company is
looking for more aggressive ways the Internet of Things can fuel
our drive to become a leader in the connected car space. These
appointments are directly related to our strategy of continuing to
explore additional ways to deliver value for our customers and
shareholders."
Maguire's experience in the aerospace and defense industry spans
three decades. Before joining Lockheed Martin in 2003, she held a
succession of increasingly responsible technical and management
roles at TRW – culminating as vice president of business
development and deputy to the Sector CEO for TRW Space &
Electronics, now part of Northrop Grumman.
Maguire also serves on the board of Freescale Semiconductor,
Inc. and Charles Stark Draper Laboratory, an independent
not-for-profit research and development company. She has a bachelor
of science degree in electrical engineering from Michigan State University and a master's in
engineering from UCLA. She is a
graduate of the executive program in management at UCLA's Anderson
School of Management and completed the Harvard Program for
Senior Executives in National and International Security.
Yassini-Fard's YAS Capital's investment arm has successfully
nurtured and assisted more than a dozen start-up companies to
further fuel the connected world's blending of data, voice and
video services and applications. In addition to his role at YAS
Capital Partners, Yassini-Fard is executive director of the
University of New Hampshire Broadband
Center of Excellence, an interdisciplinary initiative devoted to
the advancement of broadband Internet technology and services. He
is known for his pioneering work in cable broadband technology as
the founder and CEO of LANcity and as a prominent contributor to
the CableLabs Data over Cable Services Interface Specifications
(DOCSIS), a pillar of today's broadband industry.
Yassini-Fard has served as a member of the board of directors of
LANcity, Broadband Access Systems and TrueChat (all of which have
since been acquired by other companies), and Entropic
Communications. He has an honorary doctorate in science and a
bachelor of science in electrical engineering from West Virginia University, an honorary doctorate
from Merrimack College, and an
equivalent MBA from General Electric's financial management
program. He is the author of Planet Broadband (2004), a
humanized look at broadband technology and its contributions to
society.
With the appointments, Visteon's board now consists of 10
directors, nine of whom are external and independent. Leuliette is
the board's only internal director.
About Visteon
Visteon Corporation is a global automotive supplier that designs,
engineers and manufactures innovative products for nearly every
vehicle manufacturer worldwide. Visteon delivers value for its
customers and shareholders through two technology-focused core
businesses: vehicle cockpit electronics and thermal energy
management. Visteon owns 70 percent of Halla Visteon Climate
Control Corp., one of only two global full-line automotive thermal
management suppliers. With corporate offices in Van Buren Township, Mich. (U.S.); Shanghai, China; and Chelmsford, UK; Visteon has approximately
26,000 employees at facilities in 29 countries. Visteon had sales
of $7.4 billion in 2013. Learn more
at www.visteon.com.
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SOURCE Visteon Corporation