Lear Corp - Company Profile

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Lear Corp: Overview

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Lear Corp (Lear) is a supplier of full-line automotive seat systems, electrical distribution systems and electronic products. 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. Lear serves every major automaker in the world. Its customers include General Motors, Ford, Daimler, and Stellantis. 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.

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Headquarters United States of America
Address 21557 Telegraph Road, Southfield, Michigan, 48033
Website www.lear.com
Telephone 1 248 4471500
No of Employees 186,600
Industry Automotive
Ticker Symbol & Exchange LEA (NYSE)
Revenue (2022) $23.5B 12.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 74.7% (2022 vs 2021)
Market Cap* $7.5B
Net Profit Margin (2022) XYZ 55.4% (2022 vs 2021)
* As of and is in US$
View Lear Corp financials
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Lear Corp premium industry data and analytics

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Factory Finder

Determine the location of the automotive OEMs and suppliers connected to Lear Corp in order to better understand the competitive landscape and identify sourcing and logistics issues.

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Lear Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Lear Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Seating: Software and Connected Service Guilford
Structure Systems Eagle Ottawa
Mechanisms ConfigurE+
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In May, the company announced to partner with Klockner & Co. and its subsidiary, Becker Stahl-Service GmbH to provide CO2-reduced steel.
2023 Acquisitions/Mergers/Takeovers In April, the company and E-Systems acquired I.G. Bauerhin is a privately held supplier of automotive seat heating, ventilation, active cooling, steering wheel heating, seat sensors, and electronic control modules.
2022 Acquisitions/Mergers/Takeovers In November, the company acquired InTouch Automation, a supplier of Industry 4.0 technologies and complex automated testing equipment critical in producing automotive seats.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Lear Corp Toyota Motor Corp Honda Motor Co Ltd Robert Bosch GmbH Magna International Inc
Headquarters United States of America Japan Japan Germany Canada
City Southfield Toyota-Shi Minato-Ku Stuttgart Aurora
State/Province Michigan Aichi Tokyo - Ontario
No. of Employees 186,600 375,235 197,039 421,338 179,000
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Raymond E. Scott Director; President; Chief Executive Officer Executive Board 2018 57
Jason M. Cardew Chief Financial Officer; Senior Vice President Senior Management 2019 52
Amy A. Doyle Vice President; Chief Accounting Officer Senior Management 2017 55
Alicia J. Davis Chief Strategy Officer; Senior Vice President Senior Management 2021 52
Harry A. Kemp Senior Vice President; Chief Administrative Officer; General Counsel Senior Management 2023 47
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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