Lear Management
Management criteria checks 3/4
Lear's CEO is Ray Scott, appointed in Mar 2018, has a tenure of 5.08 years. total yearly compensation is $15.38M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.028% of the company’s shares, worth MX$38.72M. The average tenure of the management team and the board of directors is 3.6 years and 6.1 years respectively.
Key information
Ray Scott
Chief executive officer
US$15.4m
Total compensation
| CEO salary percentage | 8.3% |
| CEO tenure | 5.1yrs |
| CEO ownership | 0.03% |
| Management average tenure | 3.6yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2017 | n/a | n/a | US$1b |
| Jul 01 2017 | n/a | n/a | US$1b |
| Apr 01 2017 | n/a | n/a | US$1b |
| Dec 31 2016 | US$5m | US$855k | US$975m |
Compensation vs Market: Ray's total compensation ($USD15.38M) is above average for companies of similar size in the MX market ($USD2.75M).
Compensation vs Earnings: Ray's compensation has been consistent with company performance over the past year.
CEO
Ray Scott (57 yo)
5.1yrs
Tenure
US$15,376,344
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 | 5.1yrs | US$15.38m | 0.028% MX$ 38.7m | |
| Senior VP & CFO | 3.4yrs | US$5.14m | 0.028% MX$ 37.6m | |
| Executive VP & President of Seating | 11.5yrs | US$5.12m | 0.034% MX$ 46.6m | |
| Advisor | less than a year | US$4.07m | 0.036% MX$ 49.8m | |
| Senior VP & President of E-Systems Division | 3.6yrs | US$3.88m | 0.033% MX$ 44.9m | |
| VP & Chief Accounting Officer | 5.9yrs | no data | 0.0023% MX$ 3.1m | |
| Senior VP | 3.7yrs | no data | 0.013% MX$ 18.0m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Vice President of Global Marketing & Communications | less than a year | no data | no data | |
| Chief Diversity Officer & Director of Talent Management | 4.9yrs | no data | no data | |
| Senior VP & Chief Strategy Officer | 1.9yrs | no data | 0.0057% MX$ 7.7m | |
| Vice President of Global Manufacturing Processes & Sustainability | less than a year | no data | no data |
3.6yrs
Average Tenure
52.5yo
Average Age
Experienced Management: LEA *'s management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 5.1yrs | US$15.38m | 0.028% MX$ 38.7m | |
| Independent Director | 13.4yrs | US$309.91k | 0.016% MX$ 22.1m | |
| Independent Director | 10.6yrs | US$309.91k | 0.0055% MX$ 7.5m | |
| Independent Non-Executive Chairman | 13.4yrs | US$489.97k | 0.024% MX$ 32.1m | |
| Independent Director | 20.7yrs | US$304.91k | no data | |
| Independent Director | 2.4yrs | US$289.91k | 0.00098% MX$ 1.3m | |
| Independent Director | 4.3yrs | US$289.91k | 0.0017% MX$ 2.3m | |
| Independent Director | 2.8yrs | US$289.91k | 0.0038% MX$ 5.2m | |
| Independent Director | 7.1yrs | US$289.91k | 0.012% MX$ 16.1m | |
| Independent Director | 2.4yrs | US$289.91k | 0.0025% MX$ 3.4m |
6.1yrs
Average Tenure
63.5yo
Average Age
Experienced Board: LEA *'s board of directors are considered experienced (6.1 years average tenure).