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Visteon Builds Leadership Team with Appointment of New Finance Vice President

13 April 1999

Visteon Builds Leadership Team with Appointment of New Finance Vice President
    DEARBORN, Mich., April 13 -- Visteon Automotive Systems
continues to build a talented global leadership team with the appointment of
Mark M. Malcolm to the position of vice president of finance.
    Malcolm, 45, joins Visteon from Ford Investment Enterprises Corp., where
he served as chief financial officer for the organization.
    Malcolm began his career with Ford Motor Company in 1977 and has held a
variety of financial posts, including controller of vehicle operations for
Ford Automotive Operations, manager of plant operations and manufacturing cost
analysis, manager of segment strategy and positions in sales, treasury, and
investor relations.  He was instrumental in helping Ford establish a vehicle
line team process, an affordable business structure, and a cost leadership
organization.
    "Mark brings Visteon invaluable experience in areas like financial
analysis, team building, and overall business management," said Craig H.
Muhlhauser, president, Visteon.  "He has extensive experience and the kind of
innovative leadership skills that are essential for the continued
transformation of Visteon into a consumer-driven, technology organization."
    Malcolm earned a bachelor's degree in economics and psychology in 1975
from Dartmouth College, and a master's degree in finance and accounting in
1977 from the University of Chicago.
    Malcolm succeeds Thomas J. Webb, who has become chief program director of
finance process and systems transformation at Ford.
    With the global support of approximately 100 technical, manufacturing,
sales and service facilities located in 20 countries, Visteon is leveraging
the talents of 74,000 employees to deliver innovative, consumer-driven
automotive systems solutions to its customers.
    Visteon news releases and photographs are available on the Visteon media
web site at http://media.visteon.com.