Visteon CEO to step down by year end, search for successor begun

Mon Mar 16, 2015 8:21am EDT
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DETROIT (Reuters) - Auto parts supplier Visteon Corp (VC.N: Quote) on Monday said Chief Executive Tim Leuliette will step down as head of the company by the end of this year as soon as a successor is named.

The company said its board of directors has hired executive search firm Spencer Stuart to evaluate candidates to succeed Leuliette.

(Reporting by Ben Klayman)