Visteon witholds bonuses from top execs - filing

Newswire

DETROIT, March 30 (Reuters) - Automotive parts supplier Visteon Corp. withheld bonuses for its top executives after the company missed its performance objectives last year, when it lost $1.2 billion, according to a regulatory filing on Tuesday. "The bonuses were not made because we as a company did not meet our performance targets for 2003," Visteon spokeswoman Kim Welch said. Visteon Chairman and Chief Executive Officer Pete Pestillo earned $5.2 million in salary, stock options and ...

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