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Lear Corporation (LEA)

NYSE - NYSE Delayed price. Currency in USD
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115.68-4.36 (-3.63%)
At close: 04:00PM EDT
116.42 +0.74 (+0.64%)
After hours: 05:56PM EDT

Lear Corporation

21557 Telegraph Road
Southfield, MI 48033
United States
248 447 1500
https://www.lear.com

Sector(s)Consumer Cyclical
IndustryAuto Parts
Full-time employees186,600

Key executives

NameTitlePayExercisedYear born
Mr. Raymond E. Scott Jr.President, CEO & Director5.5MN/A1965
Mr. Jason M. CardewSenior VP & CFO2.61MN/A1971
Mr. Harry Albert KempSenior VP, General Counsel & Chief Administrative Officer1.95MN/A1976
Mr. Frank C. OrsiniExecutive VP & President of Seating2.58MN/A1973
Mr. Carl A. EspositoSenior Vice President of IDEA1.88MN/A1968
Ms. Amy A. DoyleVP & Chief Accounting OfficerN/AN/A1968
Ms. Katya PruettVice President of Global Marketing & CommunicationsN/AN/AN/A
Ms. Rashida ThomasChief Diversity Officer & Director of Talent ManagementN/AN/AN/A
Ms. Alicia J. DavisSenior VP & Chief Strategy OfficerN/AN/A1971
Mr. Chris ScottVice President of Global Manufacturing Processes & SustainabilityN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.

Corporate governance

Lear Corporation’s ISS governance QualityScore as of 1 June 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.