Lear Announces Two Key Leadership Changes

Lear Announces Two Key Leadership Changes

Carl Esposito was named senior vice president, IDEA by Lear, and Nick Roelli was named vice president of seating, North America.

Lear Corporation announced two key changes to its leadership team as it drives toward an Innovative, Digital, Engineered and Automated (IDEA) future. The appointments were effective May 16, 2024.

IDEA by Lear represents the next phase of the company’s strategy to drive growth and improve profitability by utilizing technology and automation to develop innovative products and extend its leadership in operational excellence, according to the latest press information.

Leading this evolution will be Carl Esposito, who was named senior vice president, IDEA by Lear. Esposito has served as senior vice president and president of E-Systems since 2019.

“Carl’s engineering background and broad experience in product development and operations make him the ideal candidate to lead IDEA by Lear,” said President and CEO Ray Scott. “Under Carl’s leadership, we will think differently, drive accountability and move quickly in the areas of product innovation, automation and operational excellence.”

Before joining Lear, Esposito served as president of the Electronic Solutions Strategic Business Unit for Honeywell Aerospace, where he oversaw strategy, product development, and sales for the $5 billion business, the company said.

Lear also appointed Nick Roelli as vice president of seating, North America, who will replace Esposito as senior vice president and president of E-Systems. Roelli has a wealth of experience in the automotive industry, with a focus on operational and commercial strategy and execution, according to Lear.

“Nick’s experience and dedication have helped make our Seating business into an industry leader and make him uniquely positioned to take on this new role,” said Scott. “I am confident that under Nick’s leadership E-Systems will continue to execute the strategy that has delivered seven consecutive quarters of year-over-year margin improvement.”

Roelli has held various roles of increasing responsibility since joining Lear in 1994, including serving as vice president of North America seating and vice president of global seat structures.

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