Lear Corporation

Lincoln Electric Appoints Susan C. Edwards as Chief Human Resources Officer

Retrieved on: 
Thursday, April 4, 2024

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”) announced today that Susan C. Edwards has joined the Company to serve as Senior Vice President, Chief Human Resources Officer (CHRO), effective April 8, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”) announced today that Susan C. Edwards has joined the Company to serve as Senior Vice President, Chief Human Resources Officer (CHRO), effective April 8, 2024.
  • Edwards succeeds Michele Kuhrt, who was recently named, Executive Vice President, Chief Transformation Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240404795428/en/
    Susan Edwards appointed as new CHRO at Lincoln Electric.
  • Copyright Lincoln Electric
    “I am pleased to welcome Susan to the Lincoln Electric team and look forward to the value she will bring from her extensive HR leadership experience with global industrial companies,” stated Steven B. Hedlund, Lincoln Electric’s President and Chief Executive Officer.

Lear Increases Share Repurchase Authorization to $1.5 Billion and Declares Quarterly Cash Dividend of $0.77 Per Share

Retrieved on: 
Tuesday, February 20, 2024

In addition, the Board declared a quarterly cash dividend of $0.77 per share on the Company's common stock.

Key Points: 
  • In addition, the Board declared a quarterly cash dividend of $0.77 per share on the Company's common stock.
  • At the end of 2023, Lear had $916 million remaining on its share repurchase authorization.
  • Since the Company began its share repurchase program in 2011, Lear has returned approximately $5.2 billion to shareholders, including the repurchase of approximately 53% of the Company's shares outstanding as of the commencement of its share repurchase program.
  • Lear may implement share repurchases under its share repurchase authorization utilizing a variety of methods, including open market purchases, accelerated share repurchase programs, privately negotiated transactions and structured repurchase transactions.

Lear to Participate in the Barclays 41st Annual Industrial Select Conference

Retrieved on: 
Thursday, February 8, 2024

SOUTHFIELD, Mich., Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024, at the Barclays 41st Annual Industrial Select Conference in Miami, Florida.

Key Points: 
  • SOUTHFIELD, Mich., Feb. 8, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 22, 2024, at the Barclays 41st Annual Industrial Select Conference in Miami, Florida.
  • Representing Lear will be:
    Lear's webcast will begin at 9:10 AM EST and will run approximately 30 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

Lear Named One of FORTUNE'S 2024 Most Admired Companies

Retrieved on: 
Wednesday, February 7, 2024

SOUTHFIELD, Mich., Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been named to FORTUNE magazine's "World's Most Admired Companies" list for the eighth consecutive year.

Key Points: 
  • Lear earns honor for 8th consecutive year; improves in 2 survey categories
    SOUTHFIELD, Mich., Feb. 7, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has been named to FORTUNE magazine's "World's Most Admired Companies" list for the eighth consecutive year.
  • Lear also improved its standing in the Social Responsibility and Financial Soundness categories compared with last year's study.
  • "I couldn't be more proud of the Lear team for sustaining our recognition as one of FORTUNE's World's Most Admired Companies for eight consecutive years.
  • It is a testament to our talented and dedicated employees worldwide," said Lear President and CEO Ray Scott.

Automotive Central Gateway Module Market to grow by USD 1.15 billion from 2022 to 2027, Increasing government support to promote EVs to boost the growth - Technavio

Retrieved on: 
Monday, February 5, 2024

Increasing government support to promote EVs is a key factor driving growth.

Key Points: 
  • Increasing government support to promote EVs is a key factor driving growth.
  • Technavio has segmented the market based on application (passenger cars and commercial vehicles), type (LIN central gateway module, CAN central gateway module, and ethernet central gateway module), and Geography (APAC, North America, Europe, South America, and Middle East and Africa).
  • The automotive central gateway module serves as a critical component in modern automotive electronics, facilitating vehicle connectivity and communication within in-vehicle networks.
  • Overall, the central gateway module enhances vehicle electronics integration and provides automotive connectivity solutions for advanced automotive systems.

Lear to Participate in the Wolfe Research Global Auto and Auto Tech Conference

Retrieved on: 
Wednesday, January 31, 2024

SOUTHFIELD, Mich., Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024, at the Wolfe Research Global Auto and Auto Tech Conference in New York.

Key Points: 
  • SOUTHFIELD, Mich., Jan. 31, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on February 15, 2024, at the Wolfe Research Global Auto and Auto Tech Conference in New York.
  • Representing Lear will be:
    Lear's webcast will begin at 9:45 AM EST and will run approximately 30 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

The vehicle power distribution market to grow by USD 2.30 billion from 2022 to 2027; the market is fragmented due to the presence of prominent companies like Aptiv Plc, BorgWarner Inc. and Continental AG, and many more- Technavio

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The vehicle power distribution market is estimated to grow by USD 2.30 billion from 2022 to 2027, growing at a CAGR of 6.14%.

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ -- The vehicle power distribution market is estimated to grow by USD 2.30 billion from 2022 to 2027, growing at a CAGR of 6.14%.
  • The vehicle power distribution market is fragmented owing to the presence of many global and regional companies.
  • Download Sample before buying
    Aptiv Plc: The company offers vehicle power distribution block solutions such as Electrical distribution systems for EVs.
  • Continental AG: The company offers vehicle power distribution blocks with internal fuses and HV interlock.

Lear to Participate in the Goldman Sachs 15th Annual Industrials & Autos Week Conference

Retrieved on: 
Monday, November 27, 2023

SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023, at the Goldman Sachs 15th Annual Industrials & Autos Week Conference in London.

Key Points: 
  • SOUTHFIELD, Mich., Nov. 27, 2023 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 7, 2023, at the Goldman Sachs 15th Annual Industrials & Autos Week Conference in London.
  • Representing Lear will be:
    Lear's webcast will begin at 4:45 AM EST (9:45 AM GMT) and will run approximately 35 minutes.
  • The webcast link will be available on the Company's website at ir.lear.com .
  • The webcast replay will be available following the event.

Automotive Wiring Harness Market to Surpass US$ 96.0 Million by 2030 - Coherent Market Insights

Retrieved on: 
Monday, November 27, 2023

BURLINGAME, Calif., Nov. 27, 2023 /PRNewswire/ --  According to Coherent Market Insights, Global Automotive Wiring Harness market size was valued at US$ 53.58 Million in 2022 and is expected to surpass US$ 96.0 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 27, 2023 /PRNewswire/ --  According to Coherent Market Insights, Global Automotive Wiring Harness market size was valued at US$ 53.58 Million in 2022 and is expected to surpass US$ 96.0 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.
  • The global automotive wiring harness market is experiencing strong growth owing to rising vehicle production, growing demand for electric vehicle, advancement in vehicle technology, and integration of advanced driver assistance system.
  • Key Trends and Analysis of the Global Automotive Wiring Harness Market:
    Growing integration of electronic devices into vehicles will drive the demand for automotive wiring harness market during the forecast period.
  • Moreover, employing safety features in automotive cars enhances the security of passengers in the vehicle, which has positively impacted the growth of the automotive wiring harness market.

Automotive Wiring Harness Market to Surpass US$ 96.0 Million by 2030 - Coherent Market Insights

Retrieved on: 
Monday, November 27, 2023

BURLINGAME, Calif., Nov. 27, 2023 /PRNewswire/ --  According to Coherent Market Insights, Global Automotive Wiring Harness market size was valued at US$ 53.58 Million in 2022 and is expected to surpass US$ 96.0 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.

Key Points: 
  • BURLINGAME, Calif., Nov. 27, 2023 /PRNewswire/ --  According to Coherent Market Insights, Global Automotive Wiring Harness market size was valued at US$ 53.58 Million in 2022 and is expected to surpass US$ 96.0 Million by 2030 and is anticipated to witness a compound annual growth rate (CAGR) of 7.7% from 2023 to 2030.
  • The global automotive wiring harness market is experiencing strong growth owing to rising vehicle production, growing demand for electric vehicle, advancement in vehicle technology, and integration of advanced driver assistance system.
  • Key Trends and Analysis of the Global Automotive Wiring Harness Market:
    Growing integration of electronic devices into vehicles will drive the demand for automotive wiring harness market during the forecast period.
  • Moreover, employing safety features in automotive cars enhances the security of passengers in the vehicle, which has positively impacted the growth of the automotive wiring harness market.