Visteon Corporation has named Martin Welch executive vice president and chief financial officer, effective from today.

Welch has held several financial management positions with both private and public companies, most recently as executive vice president and chief financial officer for United Rentals in Greenwich, Conn.

Welch reports to Visteon chairman, CEO and president Donald Stebbins.

As a member of Visteon’s global leadership team, Welch is responsible for the company’s financial operations including treasury, tax, audit and investor relations. He will also be responsible for the company’s mergers, acquisitions and divestiture activity. Welch replaces William Quigley who is leaving Visteon on 31 October.