Since joining Lear in 1988, Scott has held a series of increasingly responsible positions at Lear, both in Europe and in the U.S. Scott earned a Bachelor of Science degree in economics from the University of Michigan. With advancing technology in the automotive field, Scott wants to make sure the company keeps up with the field. Mr. Scott serves on the Detroit Regional Partnership board, the Detroit Economic Club board, the Board of Trustees for Kettering University in Flint, MI, and the Michigan State University Eli Broad College of Business Alumni Board. Presenting today are Ray Scott, Lear President and CEO and Jason Cardew, Senior Vice President and CFO. He is responsible for the strategic direction and operational leadership of the company. In 2011, Lear Corporation filed Chapter 11 bankruptcy but quickly rebounded. Lear Corporation's (LEA) CEO Ray Scott on Q1 2020 Results - Earnings Call Transcript. It was always in the plans that Ray Scott would take over the position. He has helped the company grow and is excited to continue his work and help lead the company into the future. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. SA Transcripts. Lear Corporation is well known for its philanthropic contributions. The foundation focuses on providing opportunities to youths and adults in the fields of art, culture, education, youth development and human services. Ray Scott is President/CEO at Lear Corp. See Ray Scott's compensation, career history, education, & memberships. Lear Corp. LEA, +0.62% said Friday it was implementing a temporary 20% salary deferral for all salaried employees in the U.S. and Canada. The company particularly focus on giving back to the communities where their factories are located. He would serve the next 4 years as the President of General Motors and Fiat. Ray Scott is president and chief executive officer of Lear Corporation. On March 1, 2018, Ray Scott was named Chief Executive Officer, Director and President of Lear Corporation. Lear CEO Ray Scott DETROIT – Lear Corp. said first-quarter net income more than doubled to $204 million even amid supply chain volatility associated with the chip shortage and other challenges. These positions include president of Lear's North American Seating Systems, president of Lear's European Customer-Focused division, president of the General Motors and Fiat Customer-Focused divisions, vice president and general manager of Lear GM-Europe, vice president of Operations for Lear-Saab, and sales director for Lear's GM division. Westport Fuel Systems Inc. (WPRT) CEO David Johnson on Q1 2021 Results – Earnings Call Transcript . The company established the Lear Corporation Charitable Foundation in Southfield, Michigan in 2003. Categories Stocks Leave a comment Post navigation. Ray Scott, CEO van Lear & # 039; s (LEA) over de resultaten van Q1 2021 – Transcript van de winstoproep. Learn how your comment data is processed. Stocks 15 mins Analysis: Fund managers see value, cyclical stocks running further despite slow U.S. jobs recovery Investing.com He’s from Michigan. He is married to Marie Scott. LEAR : “Despite multiple challenges, including component shortages impacting industry production, the Lear team delivered strong financial results in the first quarter,” said Ray Scott, Lear's President and Chief Executive Officer. Of this total $1,200,000 was received as a salary, $1,098,000 was received as a bonus, $0 was received in stock options, $10,596,388 was awarded as stock and $442,453 came from other types of compensation. He held various positions of increasing responsibility in program management and sales before becoming senior vice president in 2009, and then president of Learâs global Electrical Power Management Systems divisionânow referred to as E-Systems. Ray Scott, President and CEO. Lear Corporation is working to advance “smart seats” that are state of the art. He is responsible for the strategic direction and operational leadership of the company. Before becoming Chief Executive Officer at Lear Corp. in March 2018, Scott served as Executive Vice President and President of Seating. Ray Scott, who took over as Lear Corp.'s CEO on March 1, doesn't see it that way. Dezember 2015 Hauptquartier in Southfield, USA. There are currently more than 220 factories around the globe including 36 countries. His annual salary is currently about $855,000. SALES CORE OPERATING EARNINGS ADJUSTED EARNINGS PER SHARE ADJUSTED OPERATING MARGIN Financial Overview First Quarter 2021 $5.4B $336M $3.73 6.3% UP 20% YOY 9 PPTS GoM UP 64% YOY UP 82% YOY UP 1.7 PPTS YOY … In 2011, he became executive vice president and then president of the global Seating division. … Simonicini continues to advise Ray Scott in the biggest position of the company. Ray Scott is executive vice president of Lear Corporation and president of Lear's seating division. Raymond E. Scott Jr. is a life long resident of Michigan. Ray Scott President, Chief Executive Officer and Director Lear Corporation Ray Scott is president and chief executive officer of Lear Corporation. With Ray Scott’s leadership, Lear Corporation is advancing the industry with innovative technologies to lead the car interior industry into the future. Ray Scott-- President, Chief Executive Officer and Director Okay. Ray Scott-- President, Chief Executive Officer and Director Okay. Lear Corporation's key executives include Ray Scott and 6 others. Previously, Ray Scott was executive vice president and president of Lear’s Seating business. Ray Scott (President, CEO and Director) Mitarbeiterzahl: 136.200: Umsatz: 18,211 Mrd. Nikola Corporation (NKLA) Mark Russell on Q1 2021 Results – Earnings Call Transcript. Mr. Scott started his career at Lear in 1988. Business Update Ray Scott, President and CEO. He was born on August 3, 1965 in Flint. From 2005 to 2008, Scott served Lear Corp. as its Senior Vice President of North American operations and then Global operations. Ray Scott is dedicated to the Michigan based automotive and airline company. The suburban Detroit seating […] Lear CEO Matt Simoncini is stepping down, effective Feb. 28, ending a six-year run in the company's top job. Follow. Since becoming the Chief Executive Officer, President and Director of Lear Corporation, Ray Scott earns a total of $5.3 million. Lear Corporation has set up charitable associations that focus on environmental protection and sustainability. US$1.608 billion (2017) Net income. Lear Corporation includes 2 divisions, the Seating Business Segment and the Electrical Business Segment departments. Ray Scott is president and chief executive officer of Lear Corporation. In this new role, Scott is responsible for the strategic direction and operational leadership of the company. The company produced tubular, welded and stamped assemblies for the aircraft and automotive industries. President, Chief Executive Officer and Director, We use cookies to give you the best experience possible. In this new role, Scott is responsible for the strategic direction and operational leadership of the company. Leave a Comment Reactie annuleren. Lear joined several suppliers that reported first-quarter earnings this week as the semiconductor shortage continues to halt automaker production lines. He went on to study business at Michigan State University where he earned his Master Degree in Business Administration. In addition to serving on the Board of Lear Corporation, Ray Scott serves other boards. He serves on the Board of Trustees for Kettering University in Flint, Michigan. Ray Scott was elected president, chief executive officer and a director of Lear Corporation effective March 1, 2018. Ray Scott enjoys spending time with his family. He earned his Bachelor Degree in Economics. Lear is continually working to advance its E-Systems which provides the industry’s leading electrical distribution systems, software, electronics, cyber security expertise, and precise vehicle positioning. He is also a member of the Business Leaders of Michigan. By continuing browsing our website, you agree with our. Ray Scott began his career at Lear Corporation in 1988. Ray Scott was elected president, chief executive officer and a director of Lear Corporation effective March 1, 2018. Scott is planning for self driving cars and the importance Lear can provide with hits electrical technology. From 1999 to 2000, Scott served Lear Corp. in Europe as Vice President and General Manager of the company’s European plants. 111.41K Followers. At Lear, Ray Scott has 25 colleagues including Conrad Mallett (Director), Mary Lou Jepsen (Director)… Other members of Lear’s senior management team, … Following high school, Ray Scott attended the University of Michigan. Previously, Ray Scott was executive vice president and president of Lear's Seating business. Mr. Scott holds a Bachelor of Science degree in Economics from the University of Michigan and a Master of Business Administration degree from Michigan State University's Advanced Management Program. Ray Scott (President, CEO, and Director) Terry Larkin (Executive Vice President, Business Development and General Counsel) Services : Supplier of automotive seating and electrical: Revenue: US$20.467 billion (2017) Operating income. Raymond E. Scott Jr. is a life long resident of Michigan. Lear’s Ray Scott: ‘There is No Competition Around Health and Safety’ Sign up to receive updates from the Detroit Regional Chamber’s COVID-19 Business Resource Center In a Tele-Town Hall with Ray Scott , the president and CEO of Lear Corp. attendees gleaned insights on the “Safe Work Playbook” Lear launched amid the COVID-19 global pandemic to help businesses when reopening the economy. With over 10 years experience he's covered businesses, CEOs, and investments. Lear Proprietary: The information contained herein is the property of Lear Corporation. Lear Corporation employs over 165,000 workers. Lear Corporation (NYSE:LEA) Q1 2021 Earnings Conference Call May 7, 2021 8:30 AM ET Company Participants Ed Lowenfeld – Vice President-Investor Relations Ray Scott … As of 2017, the company is worth $20.462 billion. Scott takes in about $300,000 in other compensation. Scott has held executive positions at Lear Corp. for the past three decades. Scott would go on to complete Executive Education Programs at Stanford University and the Wharton School of Business. E-Systems uses wireless harnessing, terminals, connectors, and power distribution boxes to proved the most advanced seating in automobiles. Lear Corporation's President, Chief Executive Officer and Director is Ray Scott. They have two sons, Joshua and Jacob. As President and Chief Executive Officer; Former Interim President, E-Systems at LEAR CORP, Raymond E. Scott made $13,336,841 in total compensation. Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2021. He also earns $1.4 million in bonuses and approximately $2.6 million in stock. Lear Corporation was founded in Detroit, Michigan in 1917 as “American Metal Products”. He was born on August … He also attended executive education programs at Stanford University and the Wharton School of Business at the University of Pennsylvania. 10 Things You Didn’t Know About Lear CEO Ray Scott, 10 of the Most Clever Stock Ticker Symbols of 2016, How Virtual Reality Game Entropia Universe Plans To Create 3 Million Jobs, How Online Ticket Brokers are Scamming Millions of Dollars Using Bots, 10 Potential Scenarios For Life at the New DreamWorks Animation Studios, Steven Rothberg Shares The Secret to CollegeRecruiter.com’s Business Longevity, Dissecting the Multi Billion Dollar Business of Televangelism, 20 Things You Didn’t Know About Gatheround, 20 Things You Didn’t Know About Path Robotics, 20 Things You Didn’t Know About TravelPerks, 20 Things You Did Not Know about Greenlight, The Top Five NFT Marketplaces Out Right Now, Five Stocks That Most Billionaire Investors Own, The 20 Best Places for Teachers to Live in Africa, The 10 Best Places to Live in Virginia Beach, The Top Five 0-60 mph McLaren Models of All-Time, The Five Most Expensive McLaren Models of All-Time, The Five Most Expensive Hermes Watches Money Can Buy, The Five Best Louis Vuitton Watches Money Can Buy. As president of Seating, Mr. Scott was responsible for developing and leading global initiatives to grow and diversify sales, accelerate innovation efforts, improve financial results and sustain world-class competitiveness in the Seating business. Throughout the twentieth century, Lear Corporation continued to develop and expand. Garrett by trade is a personal finance freelance writer and journalist. Hear more about our employee recognition program from our President and CEO Ray Scott. The family currently resides in Birmingham. Since its 2011 problems, Lear Corporation has regrouped and rebooted. Ray Scott is currently President, Chief Executive Officer and Director at Lear. Early in life, Ray knew he wanted to work in the corporate business field and would study business management. Here are 10 things you didn’t know about Lear CEO Ray Scott. Ray Scott, president of the supplier's seating unit, will replace Simoncini. Mr. Scott started his career at Lear in 1988. Ray Scott, Lear’s EVP and President, Seating, presented earlier today at the Deutsche Bank Global Auto Industry Conference. He held various positions of increasing responsibility in program management and sales before Die Lear Corporation ist ein weltweit tätiger Fahrzeugzulieferer mit Sitz in Southfield, Michigan. Our employees are our greatest asset and we will recognize the best of the best at the Champions of Lear employee awards event this June. This site uses Akismet to reduce spam. May 08, 2020 2:06 PM ET Lear Corporation (LEA) 1 Like. Bio. There was a six year succession plan before Lear Corporation’s previous Chief Executive Officer, Matt Simoncini resigned. SOUTHFIELD, Mich., May 7, 2021-- Lear Corporation (NYSE: LEA), a global automotive technology leader inSeating and E-Systems, ... the Lear team delivered strong financial results in the first quarter,” said Ray Scott, Lear's President and Chief Executive Officer. Ray Scott also serves on Michigan State University’s Eli Broad College of Business Alumni. Mr. Scott started his career at Lear in 1988. After 10 years, he was promoted to Director of Sales and the following year promoted to Vice President of Operations. US-Dollar: Branche: Automobilzulieferer: Website www.lear.com: Stand: 31. He is responsible for the strategic direction and operational leadership of the company. He sits on the Board of Directors of the United Way in the Southwest Michigan division. In addition to serving as president of both the Seating and E-Systems business segments at Lear, Mr. Scott has held other executive positions in both Europe and the U.S. Ray Scott has great plans for Lear Corporation as he guides the company to the future. The 1980’s and 1990’s saw a large number of acquisitions for the company, and the company became the world’s major supplier of complete interior automotive systems. 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