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.
In the survey's nine categories, used by respondents to
determine the overall company rankings in the Motor Vehicle Parts
Makers industry group, Lear placed in the top five in every
category. 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. "Their ingenuity
and dedication differentiate Lear as a leader in the automotive
industry. We remain committed to delivering the highest level of
performance to our customers, shareholders and the communities
where we live and work."
During 2023, Lear's achievements included winning more than 80
awards for operational excellence, inclusive workplace
environments, sustainability efforts and more.
FORTUNE collaborated with the global management
consulting firm Korn Ferry on this survey of corporate reputation.
To determine the best-regarded companies in 52 industries,
Korn Ferry asked executives,
directors and analysts to rate enterprises in their own industry on
nine criteria, from investment value and quality of management and
products to social responsibility and ability to attract
talent.
About Lear Corporation
Lear, a global automotive technology leader in Seating and
E-Systems, enables superior in-vehicle experiences for consumers
around the world. Lear's diverse team of talented employees in 37
countries is driven by a commitment to innovation, operational
excellence, and sustainability. Lear is Making every drive better™
by providing the technology for safer, smarter, and more
comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major
automaker in the world and ranks 189 on the Fortune 500. Further
information about Lear is available at lear.com.
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SOURCE Lear Corporation