Lear Management
Management criteria checks 2/4
Lear's CEO is Ray Scott, appointed in Mar 2018, has a tenure of 6.75 years. total yearly compensation is $18.89M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth MX$25.82M. The average tenure of the management team and the board of directors is 5.3 years and 6.8 years respectively.
Key information
Ray Scott
Chief executive officer
US$18.9m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.03% |
| Management average tenure | 5.3yrs |
| Board average tenure | 6.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$546m |
| Jun 29 2024 | n/a | n/a | US$543m |
| Mar 30 2024 | n/a | n/a | US$539m |
| Dec 31 2023 | US$19m | US$1m | US$573m |
| Sep 30 2023 | n/a | n/a | US$563m |
| Jul 01 2023 | n/a | n/a | US$522m |
| Apr 01 2023 | n/a | n/a | US$422m |
| Dec 31 2022 | US$15m | US$1m | US$328m |
| Oct 01 2022 | n/a | n/a | US$232m |
| Jul 02 2022 | n/a | n/a | US$113m |
| Apr 02 2022 | n/a | n/a | US$220m |
| Dec 31 2021 | US$13m | US$1m | US$374m |
| Oct 02 2021 | n/a | n/a | US$554m |
| Jul 03 2021 | n/a | n/a | US$755m |
| Apr 03 2021 | n/a | n/a | US$286m |
| Dec 31 2020 | US$15m | US$1m | US$159m |
| Oct 03 2020 | n/a | n/a | US$109m |
| Jul 04 2020 | n/a | n/a | US$155m |
| Apr 04 2020 | n/a | n/a | US$630m |
| Dec 31 2019 | US$14m | US$1m | US$790m |
| Sep 28 2019 | n/a | n/a | US$856m |
| Jun 29 2019 | n/a | n/a | US$886m |
| Mar 30 2019 | n/a | n/a | US$1b |
| Dec 31 2018 | US$10m | US$1m | US$1b |
| Sep 29 2018 | n/a | n/a | US$1b |
| Jun 30 2018 | n/a | n/a | US$1b |
| Mar 31 2018 | n/a | n/a | US$1b |
| Dec 31 2017 | US$5m | US$855k | US$1b |
Compensation vs Market: Ray's total compensation ($USD18.89M) is above average for companies of similar size in the MX market ($USD2.32M).
Compensation vs Earnings: Ray's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Ray Scott (59 yo)
6.8yrs
Tenure
US$18,891,372
Compensation
Mr. Raymond E. Scott Jr., also known as Ray, serves as President, Chief Executive Officer and Director at Lear Corporation since May 1, 2018 and had been its Interim President of E-Systems since January 28...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$18.89m | 0.025% MX$ 25.8m | |
| Senior VP & CFO | 5.1yrs | US$6.56m | 0.032% MX$ 33.2m | |
| Senior VP | 5.3yrs | US$4.10m | 0.021% MX$ 22.0m | |
| Executive VP & President of Seating | 13.2yrs | US$6.53m | 0.029% MX$ 29.5m | |
| Senior Vice President of IDEA | 5.3yrs | US$4.29m | 0.046% MX$ 47.8m | |
| VP & Chief Accounting Officer | 7.6yrs | no data | 0.0030% MX$ 3.1m | |
| VP, Treasurer & Head of Investor Relations | 3.8yrs | no data | 0.0012% MX$ 1.2m | |
| Vice President of Global Marketing & Communications | 1.9yrs | no data | no data | |
| Chief Diversity Officer & Director of Talent Management | 6.6yrs | no data | no data | |
| Senior VP & Chief Strategy Officer | 3.6yrs | no data | 0.012% MX$ 12.5m | |
| Senior VP & President of E-Systems | less than a year | no data | 0.00050% MX$ 514.8k |
5.3yrs
Average Tenure
53.5yo
Average Age
Experienced Management: LEA *'s management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 6.8yrs | US$18.89m | 0.025% MX$ 25.8m | |
| Independent Director | 15.1yrs | US$309.95k | 0.023% MX$ 23.6m | |
| Independent Director | 12.3yrs | US$309.95k | 0.0066% MX$ 6.8m | |
| Independent Non-Executive Chairman | 15.1yrs | US$489.91k | 0.026% MX$ 26.3m | |
| Independent Director | 22.3yrs | US$304.95k | no data | |
| Independent Director | 4.1yrs | US$289.95k | 0.0011% MX$ 1.1m | |
| Independent Director | 5.9yrs | US$289.95k | 0.0026% MX$ 2.7m | |
| Independent Director | 4.5yrs | US$289.95k | 0.0092% MX$ 9.4m | |
| Director | less than a year | no data | no data | |
| Independent Director | 8.8yrs | US$289.95k | 0.018% MX$ 18.4m | |
| Independent Director | 4.1yrs | US$289.95k | 0.0077% MX$ 7.9m |
6.8yrs
Average Tenure
65.5yo
Average Age
Experienced Board: LEA *'s board of directors are considered experienced (6.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 16:39 |
| End of Day Share Price | 2024/12/16 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lear Corporation is covered by 40 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Argus Research Company |
| David Leiker | Baird |
| Ishan Majumdar | Baptista Research |