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The auto parts business is not for the faint of heart. When Michael Widgren joined Visteon Corp. in 2005 as its assistant controller, the Van Buren Township, Mich.-based company was still struggling to make its own way after being spun off by Ford Motor Co. in 2000. Widgren helped transform the accounting and financial systems, making sure that the proper controls were applied consistently and reflected the increasingly global nature of the industry. “It was a challenging time,” says Widgren, who became vice president, corporate controller and chief accounting officer a little more than a year ago. “We were in survival mode,” he recalls. “It’s still challenging.”

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