Visteon CFO Jerome Rouquet to depart, Myers named interim

Visteon Corp (VC) shares fell 4% after announcing CFO Jerome Rouquet will depart by November 30, 2026. Colleen Myers, current VP and Chief Accounting Officer, will serve as interim CFO. The company is searching for a permanent successor. Rouquet has been with Visteon for six years. CEO Sachin Lawande expressed confidence in Myers' leadership during the transition.

Visteon Corporation (NASDAQ: VC) announced that Jerome Rouquet, its CFO, will leave the company on November 30, 2026. Colleen Myers, Vice President and Chief Accounting Officer, will serve as interim CFO. The company has started a search for a permanent replacement. Rouquet will assist in the transition until his departure.

TD Cowen maintained a Buy rating on Visteon with a $131 price target, suggesting a 60.3% upside from the Oct 22 close. The firm cited strong revenue growth prospects and undervaluation at 4x EV/EBITDA, supported by a robust pipeline and net cash balance.

Visteon Corporation reported Q3 2026 earnings, highlighting 10 percentage points of market outperformance despite a 5% decline in vehicle production. The company addressed $77 million in warranty charges and managed inflation in PCBs. For 2027, Visteon anticipates $500 million in incremental costs and aims to maintain EBITDA targets through customer recoveries. China sales are expected to grow in Q4 2026, driven by high-performance compute launches.

Visteon (VC) reported Q3 2026 sales growth of 6% YoY to $970M, despite a challenging production environment. The company raised its 2026 bookings target to $6B but lowered its adjusted EBITDA guidance to $370M-$410M. CEO Sachin Lawande highlighted strong sales growth amid declining vehicle production.

Visteon (VC) reported Q3 2026 earnings, highlighting a $200M share repurchase and sales growth despite market challenges. Sales grew in Americas, Europe, and Asia (excluding China), with China sales expected to recover in Q4. The company launched 21 new products, including high-value cockpit technologies, and secured $1B in new business bookings, targeting $6B for the year. Strategic wins include programs with Toyota, Maruti Suzuki, and Tata Motors.