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Lear Corp. (LEA)

86.64 0.23(0.27%) Oct 1, 4:01PM EDT
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Lear Corp.
21557 Telegraph Road
Southfield, MI 48033
United States - Map
Phone: 248-447-1500

Index Membership:N/A
Sector:Consumer Goods
Industry:Auto Parts
Full Time Employees:122,300

Business Summary 

Lear Corporation designs, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates through two segments, Seating and Electrical. The company’s Seating segment provides seats and related components, such as seat structures and mechanisms, seat covers, seat foam, headrests, seat frames, recliner mechanisms, and seat tracks primarily for automobiles and light trucks, compact cars, and sport utility vehicles. Its Electrical segment provides electrical distribution systems for traditional powertrain vehicles, as well as for hybrid and electric vehicles. This segment’s products include wiring harnesses, terminals and connectors, junction boxes, electronic control modules, and wireless control devices; passive entry systems, remote keyless entry, and dual range/dual function remote keyless entry systems; lighting control modules; LED lighting control systems for the vehicle interior and exterior; and audio systems, such as amplifiers and vehicle sound systems. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.

Key Statistics

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Corporate Governance 
Lear Corp.’s ISS Governance QuickScore as of Oct 1, 2014 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Matthew J. Simoncini , 53
Chief Exec. Officer, Pres and Director
Mr. Jeffrey H. Vanneste , 54
Chief Financial Officer and Sr. VP
Mr. Melvin L. Stephens , 58
Sr. VP of Communications, Facilities & Investor Relations
Mr. Terrence B. Larkin , 59
Exec. VP of Bus. Devel., Gen. Counsel and Corp. Sec.
Mr. Raymond E. Scott Jr., 49
Exec. VP and Pres of Seating
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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