Visteon Corp. has tapped Sachin Lawande to succeed Chief
Executive Timothy Leuliette when he steps down June 29.
Visteon had said in March that Mr. Leuliette would leave the
company by the end of the year.
Mr. Lawande, 48, was most recently president of Harman
International Industries Inc.'s infotainment unit. He has also held
positions at 3Com Corp. and QNX Software Systems.
Visteon Chairman Francis Scricco praised Mr. Lawande's
experience in the electronics industry, which he said will be
crucial as Visteon continues to move away from its traditional role
as a multi-business auto supplier.
Mr. Leuliette became CEO in 2012 and helped reinvent Visteon as
an electronics company, instead of its traditional role as a
multi-business auto supplier.
Visteon, based in Van Buren Township, Mich., was founded by Ford
Motor Co. and spun out of the auto maker in 2000. It filed for
bankruptcy protection in May 2009 during the auto industry crisis
but exited 16 months later.
Shares, inactive premarket, have been up about 3% this year
through Tuesday's close.
Write to Angela Chen at angela.chen@dowjones.com
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