Lear Corp - Company Profile
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Lear Corp (Lear) is a manufacturer and seller of seating and E-Systems. The company designs, develops, engineers, manufactures, and distributes seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam, headrests, terminals and connectors, junction boxes, high-power components for hybrid and electric vehicles, and electronic control modules. It offers products to automobile manufacturers globally through brands Lear, Guilford, Eagle Ottawa, ConfigurE+, and FlexAir, among others. The company has operations in the US, Mexico, China, Germany, Singapore, Vietnam, the Philippines, Thailand, and other countries. Lear is headquartered in Southfield, Michigan, the US.
Lear Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Seating: | Mobility services | Lear |
| Structure Systems | Connected services | Guilford |
| Mechanisms | Software services | Eagle Ottawa |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In June, the company expanded its on-site solar partnership with Alight to promote Alight’s growing portfolio of onsite solar solutions for industrial customers in Europe. |
| 2026 | Contracts/Agreements | In April, the company signed a 10-year virtual PPA with Elawan Energy to power a 30 MW wind project in Spain. |
| 2025 | Contracts/Agreements | In September, the company and Palantir expanded their partnership to speed up the transformation of automotive technology. |
Competitor Comparison
| Key Parameters | Lear Corp | Robert Bosch GmbH | Panasonic Holdings Corp | Denso Corp | Sumitomo Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | Japan | Japan | Japan |
| City | Southfield | Stuttgart | Kadoma | Kariya | Chiyoda-Ku |
| State/Province | Michigan | Baden-Wurttemberg | Osaka | Aichi | Tokyo |
| No. of Employees | 164,300 | 417,859 | 207,548 | 158,056 | 83,327 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Raymond E. Scott | President; Chief Executive Officer; Director | Executive Board | 2018 | 59 |
| Jason M. Cardew | Senior Vice President; Chief Financial Officer | Senior Management | 2019 | 54 |
| Amy A. Doyle | Chief Accounting Officer; Vice President | Senior Management | 2017 | 57 |
| Alicia J. Davis | Chief Strategy Officer; Senior Vice President | Senior Management | 2021 | 54 |
| Harry A. Kemp | Senior Vice President; Chief Administrative Officer | Senior Management | 2023 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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