Outgoing Visteon Corp. CEO Michael Johnston will receive $2.5 million in severance pay when he leaves June 1, according to a report filed by the supplier with the U.S. Securities and Exchange Commission.
Outgoing Visteon Corp. CEO Michael Johnston will receive $2.5 million in severance pay when he leaves June 1, according to a report filed by the supplier with the U.S. Securities and Exchange Commission.
The Japanese automaker will ditch about 20 performance-based metrics for a singular metric: new-car sales. The Nissan One program, which launches June 3, ties dealer variable margin to achieving retail volume goals.