LEA - Lear Corporation

NYSE - NYSE Delayed Price. Currency in USD

Lear Corporation

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

SectorConsumer Cyclical
IndustryAuto Parts
Full Time Employees161,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Raymond E. Scott Jr.Pres, CEO, Director & Interim Pres of E-Systems2.97MN/A1965
Mr. Jeffrey H. VannesteSr. VP & CFO1.83MN/A1960
Mr. Thomas A. DiDonatoSr. VP & Chief Admin. Officer1.36MN/A1959
Mr. Frank C. OrsiniExec. VP & Pres of Seating1.68MN/A1973
Mr. Terrence B. LarkinAdvisor1.76MN/A1955
Amounts are as of December 31, 2018 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.

Description

Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers worldwide. Its Seating segment offers leather and fabric products, seat trim covers, recliner mechanisms, seat tracks and foams, seat structures and mechanisms, and headrests for automobiles and light trucks, compact cars, and sport utility vehicles; and heating and cooling systems. The company's E-Systems segment offers electrical distribution systems that route electrical signals and manage electrical power within the vehicle for traditional vehicle architectures, as well as high power and hybrid electric systems. This segment's products comprise wire harnesses, terminals and connectors, and junction boxes; and electronic control modules, such as body control modules, smart junction boxes, gateway and wireless control modules, lighting control modules, and audio domain controllers and amplifiers. It also provides electrification products comprising charging systems that include onboard charging modules, cord set charging equipment, and wireless charging systems; battery electronics, which comprise battery disconnect units, cell monitoring supervisory systems, and integrated total battery control modules; and other power management modules, including converter and inverter systems. In addition, this segment offers cybersecurity software; EXO advanced vehicle positioning for automated and autonomous driving applications; roadside modules that communicate real-time traffic information; and cellular protocols for vehicle connectivity, as well as Connexus connectivity products. Further, it provides wireless systems, such as passive entry, remote keyless entry, and dual range/function remote keyless entry systems. Lear Corporation has a strategic partnership with Plug and Play. The company was founded in 1917 and is headquartered in Southfield, Michigan.

Corporate Governance

Lear Corporation’s ISS Governance QualityScore as of July 29, 2019 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 1; Compensation: 1.

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 a 10 indicates higher governance risk.