| Business Summary | | Lear
Corporation
is
an
automotive
supplier
that
serves
the
global
automotive
interior,
seat
systems
and
automotive
electrical
distribution
systems
markets.
The
Company
supplies
every
major
automotive
manufacturer
in
the
world
including
General
Motors,
Ford,
Daimler
Chrysler,
Fiat,
BMW,
Volkswagen,
Peugeot,
Toyota,
Subaru
and
Renault.
The
Company
manufactures
and
supplies
its
customers
with
completely
integrated
interiors,
including
electrical
distribution
systems
and
electronics,
flooring
and
acoustic
systems,
door
panels,
headliners
and
instrument
panels.
The
Company
also
produces
a
variety
of
blow-molded
products
and
other
automotive
components. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lear
Corp.
designs
and
manufactures
interior
systems
and
components
for
automobiles
and
light
trucks.
Lear
has
in-house
capabilities
in
seat
systems,
floor
and
acoustic
systems,
door
panels,
headliners,
and
instrument
panels.
For
the
six
months
ended
6/30/01,
revenues
fell
6%
to
$7.11
billion.
Net
income
before
extraordinary
items
decreased
63%
to
$60
million.
Revenues
reflect
lower
customer
requirements.
Earnings
also
reflect
higher
divestiture
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Kenneth Way, 61 Chairman | $2.4M | $2.9M | Robert Rossiter, 55 Pres,
CEO, Director | 2.2M | -- | James Vandenberghe, 51 Vice
Chairman | 1.5M | -- | Donald Stebbins, 43 CFO,
Sr. VP | 799K | -- | James Masters, 43 Pres
-- VisionWorks Division | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|