Lear increased its 2023 outlook for net sales, core operating earnings and free cash flow.
InTouch automates complex testing process in seating assembly.
Acquisition to accelerate strategy in thermal comfort solutions.
The company earned more honors than any other automotive supplier.
Davis was initially hired at Lear in 2018 to lead Investor Relations.
Roger Krone, chairman and CEO of Leidos, and Patricia Lewis, executive vice president and chief human resources officer of UnitedHealth Group, joined the board on Nov. 9.
The company reported full-year sales of $19.8 billion, compared to $21.1 billion for the full year 2018.
The relationship provides Lear with the opportunity to collaborate with and mentor startups in the Plug and Play ecosystem and heightens Lear’s involvement in the mobility technology space.
Among motor vehicle parts companies, Lear was ranked third overall and third in the “People Management” and “Long-Term Investment Value” categories.
From 2010 to 2014, Cheng was CEO of Siemens North East Asia and president and CEO of Siemens Ltd., China. Prior to joining Siemens, Cheng spent more than a decade at Ford Motor (China) Ltd. as chairman and CEO. In addition, he has served as chairman and CEO of GE (China) Ltd. and president of AT&T China.
General Motors recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company.