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Lear Corporation

#2806

Rank

$4.58B

Marketcap

US United States

Country

Lear Corporation
Leadership team

Mr. Raymond E. Scott Jr. (Pres, CEO & Director)

Mr. Jason M. Cardew (Sr. VP & CFO)

Mr. Thomas A. DiDonato (Sr. VP & Chief Admin. Officer)

Products/ Services
Automotive, Manufacturing, Product Design
Number of Employees
Above 50,000
Headquarters
Southfield, Michigan, United States
Established
1917
Company Registration
SEC CIK number: 0000842162
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
LEA
Social Media
Overview
Location
Summary
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.
History

Lear Corporation has more than a century of experience in the automotive industry. At the start of the twentieth century, the company's founders, Hugo Kern and Jules Racke, began distributing aftermarket parts for Ford Model Ts. By 1927, the company had become an OEM supplier focused on automotive interiors. In the mid-1950s, Lear developed the first reclining seat in the automotive industry, and this became a hallmark product. Lear continues to develop innovative technologies that improve occupant comfort, safety, and convenience.

Mission
The mission of Lear Corporation is to create a better world through meaningful innovation that enhances the quality of life for people around the world.
Vision
Lear Corporation’s vision is to make lives better through meaningful innovation in automotive seating, electrical and electronic systems, and related components. We strive to be the preferred global partner for our customers, meeting their needs through inspired solutions and advanced technologies.
Key Team

Mr. Frank C. Orsini (Exec. VP & Pres of Seating)

Mr. Carl A. Esposito (Sr. VP & Pres of E-Systems Division)

Mr. Harry Albert Kemp (Sr. VP, Gen. Counsel, Corp. Sec. & ESG Lead)

Ms. Amy A. Doyle (VP & Chief Accounting Officer)

Ed Lowenfeld (VP of Investor Relations)

Mr. Dave Mullin (VP of Sales & Marketing)

Ms. Rashida Thomas (Chief Diversity Officer & Director of Talent Management)

Recognition and Awards
Lear Corporation has received numerous awards, including recognition for its active role in promoting sustainable practices, commitment to diversity and inclusion, and innovations in advanced technologies for auto interiors. Additionally, Lear Corporation has won awards for its commitment to quality, customer service, and employee engagement.
References

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Lear Corporation
Leadership team

Mr. Raymond E. Scott Jr. (Pres, CEO & Director)

Mr. Jason M. Cardew (Sr. VP & CFO)

Mr. Thomas A. DiDonato (Sr. VP & Chief Admin. Officer)

Products/ Services
Automotive, Manufacturing, Product Design
Number of Employees
Above 50,000
Headquarters
Southfield, Michigan, United States
Established
1917
Company Registration
SEC CIK number: 0000842162
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
LEA
Social Media