Lear Corporation (0JTQ.L) LSE

Currency In USD

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Lear Corporation

Address

21557 Telegraph Road

Southfield, MI 48033

United States of America (the)

Phone

248 447 1500

Sector

Consumer Cyclical

Industry

Auto - Parts

Employees

173700

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Raymond E. Scott Jr.President, Chief Executive Officer & Director4.89M1965
Nicholas Jon RoelliSenior Vice President & President of E-Systems1.5M1972
Harry Albert KempSenior Vice President & Chief Administrative Officer1.91M1976
Jason CardewSenior Vice President & Chief Financial Officer2.25M1971
Frank C. OrsiniExecutive Vice President & President of Seating2.31M1973
Marianne VidershainVice President, Treasurer & Head of Investor Relations01980
Amanda J. PontesVP, General Counsel & Corporate Secretary0N/A
Katya PruettVice President of Global Marketing & Communications0N/A
Rashida ThomasChief Diversity Officer & Director of Talent Management0N/A
Amy A. DoyleVice President & Chief Accounting Officer01968
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Description

Lear Corporation, founded in 1917 and headquartered in Southfield, Michigan, stands as a leading global provider to the automotive industry. The company is dedicated to the comprehensive process of designing, engineering, manufacturing, assembling, and supplying both sophisticated automotive seating solutions and advanced electrical distribution systems, along with their essential components. These offerings are delivered to original equipment manufacturers (OEMs) across major regions, including North America, Europe, Africa, Asia, and South America. The company operates through two main divisions: The Seating segment delivers a full spectrum of interior seating products. This encompasses complete seat systems, various seat subsystems, and key individual components such as mechanisms, foam, headrests, and trim covers. Additionally, they provide premium surface materials like leather and fabric. These seating innovations are designed for a broad array of vehicles, including compact cars, light trucks, pickup trucks, and sport utility vehicles. The E-Systems segment specializes in cutting-edge electrical distribution and connection technologies. This division's core function is to facilitate the routing of electrical signals and networks, as well as to efficiently manage electrical power within vehicles, accommodating diverse powertrain configurations. Its extensive product lineup includes critical hardware like wire harnesses, terminals, connectors, custom-engineered components, and junction boxes. Furthermore, the E-Systems segment develops advanced electronic control units, including body domain control modules, intelligent and passive junction boxes, gateway and communication modules, integrated power modules, and high-voltage switching and power control systems. Beyond hardware, this segment is a significant developer of software and connected services, offering platforms such as Xevo Market for in-vehicle commerce, alongside cloud, vehicle, and mobile-based software solutions. Their capabilities also extend to robust cybersecurity software, advanced vehicle positioning systems crucial for automated and autonomous driving applications, and protocols for both short-range communication and cellular vehicle connectivity. Lear Corporation markets its wide array of products and services under several recognized brands, including XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle.

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