People: Lear Corp (LEA)
LEA on New York Consolidated
60.20USD
24 May 2013
60.20USD
24 May 2013
Price Change (% chg)
$0.17 (+0.28%)
$0.17 (+0.28%)
Prev Close
$60.03
$60.03
Open
$59.63
$59.63
Day's High
$60.22
$60.22
Day's Low
$59.24
$59.24
Volume
560,616
560,616
Avg. Vol
1,034,755
1,034,755
52-wk High
$61.51
$61.51
52-wk Low
$34.81
$34.81
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Henry Wallace |
67 | 2010 | Independent Non-Executive Chairman of the Board |
Matthew Simoncini |
52 | 2011 | President, Chief Executive Officer, Director |
Jeffrey Vanneste |
53 | 2012 | Chief Financial Officer, Senior Vice President |
Terrence Larkin |
58 | 2011 | Executive Vice President - Business Development, General Counsel, Corporate Secretary |
Raymond Scott |
47 | 2011 | Executive Vice President, President - Seating |
Thomas DiDonato |
54 | 2012 | Senior Vice President - Human Resources |
Melvin Stephens |
57 | 2012 | Senior Vice President - Communications, Facilities and Investor Relations |
Frank Orsini |
40 | 2012 | Senior Vice President and President - Electrical Power Management Systems |
Wendy Foss |
55 | 2011 | Chief Accounting Officer, Vice President, Corporate Controller |
Shari Burgess |
54 | 2009 | Vice President, Treasurer |
Thomas Capo |
62 | 2009 | Independent Director |
Jonathan Foster |
52 | 2009 | Independent Director |
Kathleen Ligocki |
56 | 2012 | Independent Director |
Conrad Mallett |
59 | 2009 | Independent Director |
Donald Runkle |
67 | 2009 | Independent Director |
Gregory Smith |
61 | 2009 | Independent Director |
Biographies
| Name | Description |
|---|---|
Henry Wallace |
Mr. Henry D.G. Wallace is Independent Non-Executive Chairman of the Board of Lear Corp. Mr. Wallace worked for 30 years at Ford Motor Company until his retirement in 2001 and held several executive level operations and financial oversight positions while at Ford. His most recent positions included Chief Financial Officer, Group Vice President, Mazda and Asia Pacific Operations and President and CEO of Mazda Motor Corporation. Mr. Wallace serves as interim executive chairman of Diebold, Inc. and as a director of AMBAC Financial Group, Inc. Mr. Wallace formerly served as a director of Hayes Lemmerz International, Inc. Mr. Wallace earned a bachelor’s degree with Honours from the University of Leicester, England. |
Matthew Simoncini |
Mr. Matthew J. Simoncini is President, Chief Executive Officer, Director of Lear Corp. Formerly, Mr. Simoncini was Senior Vice President and Chief Financial Officer of the Company, a role he had held since September 2007. As Senior Vice President and Chief Financial Officer, he was responsible for the Company’s global Finance operations, including external Financial Reporting, Corporate Business Planning & Analysis, Corporate Strategy and Business Development as well as Information Technology activities worldwide. In August 2006, Mr. Simoncini was named Senior Vice President of Global Finance and Chief Accounting Officer where he was responsible for the Company’s worldwide operational finance, accounting and financial reporting. Prior to that, he was vice president of global Finance, a position he had held since June 2004. Mr. Simoncini also served as the Company’s Vice President of Finance — Europe as well as held the Vice President of Finance position for the Company’s Electrical & Electronics business and DaimlerChrysler division. Mr. Simoncini joined United Technologies Automotive (“UTA”) in April 1996 as director of Finance for the Motors Division with responsibility for the financial activities of the business unit. At the time of the Company’s acquisition of UTA in May 1999, Mr. Simoncini was director of Global Financial Planning & Analysis. Previous to UTA, Mr. Simoncini held financial and manufacturing positions with Varity Kelsey Hayes and Horizon Enterprises including chief financial officer of Kelsey Hayes’ European Operations. Mr. Simoncini began his career at Touche Ross and is a certified public accountant. Mr. Simoncini is a member of the Michigan Association of Certified Public Accountants. In addition to his responsibilities at the Company, Mr. Simoncini is a member of the board of directors for the Wayne State University Foundation and is also a board member of the United Way for Southeastern Michigan. Mr. Simoncini earned a bachelor’s degree from Wayne State University. |
Jeffrey Vanneste |
Mr. Jeffrey H. Vanneste is Chief Financial Officer, Senior Vice President of Lear Corp. Prior to joining the Company, Mr. Vanneste served as Executive Vice President and Chief Financial Officer for International Automotive Components Group (“IAC”) since January 2011 and as Chief Financial Officer for IAC North America since March 2007. Prior to joining IAC, Mr. Vanneste worked with the Company in positions of increasing responsibility over 15 plus years including: Vice President of Finance, European Operations, Vice President of Corporate Business Planning and Analysis, Vice President of Finance, Seating and Vice President of Finance for the Ford and GM Divisions. Prior to joining the Company in October 1991, he served as the assistant controller for Champagne-Webber, Inc. and as an audit senior for Coopers & Lybrand. |
Terrence Larkin |
Mr. Terrence B. Larkin is Executive Vice President, Business Development, General Counsel and Corporate Secretary of Lear Corp. Mr. Larkin previously served as the Company’s Senior Vice President, General Counsel and Corporate Secretary since January 2008. Prior to joining the Company, Mr. Larkin was a partner since 1986 of Bodman PLC, a Detroit-based law firm. Mr. Larkin served on the executive committee of Bodman PLC and was the chairman of its business law practice group. Mr. Larkin’s practice was focused on general corporate, commercial transactions and mergers and acquisitions. |
Raymond Scott |
Mr. Raymond E. Scott is Executive Vice President, President - Seating of Lear Corp. Mr. Scott most recently served as the Company’s Senior Vice President and President, EPMS since February 2008. Previously, he served as the Company’s Senior Vice President and President, North American Seating Systems Group since August 2006, Senior Vice President and President, North American Customer Group since June 2005, President, European Customer Focused Division since June 2004 and President, General Motors Division since November 2000. |
Thomas DiDonato |
Mr. Thomas A. DiDonato is Senior Vice President - Human Resources of Lear Corp. Prior to joining the Company, Mr. DiDonato served as Executive Vice President, Human Resources for American Eagle Outfitters, Inc. since 2005, Chief People Officer for H.J. Heinz since 2004 and Senior Vice President, Human Resources for Heinz North America since 2001. Earlier experiences include directing human resources for a $14 billion division of Merck & Co. and heading worldwide staffing for Pepsico. Mr. DiDonato began his career with a General Foods Corporation brand and moved up to manage the personnel at its manufacturing facility. |
Melvin Stephens |
Mr. Melvin L. Stephens is Senior Vice President - Communications, Facilities and Investor Relations of Lear Corp. Mr. Stephens most recently served as the Company’s Senior Vice President, Communications, Human Resources and Investor Relations since September 2009. Previously, he served as the Company’s Vice President of Corporate Communications and Investor Relations since January 2002. Prior to joining the Company, Mr. Stephens worked for Ford Motor Company and held leadership positions in finance, business planning, corporate strategy, communications, sales and marketing and investor relations. |
Frank Orsini |
Mr. Frank C. Orsini is Senior Vice President and President - Electrical Power Management Systems of Lear Corp. Mr. Orsini most recently served as the Company’s Vice President and Interim President, EPMS since October 2011. Previously, he served as the Company’s Vice President, Operations, EPMS since 2009, Vice President, Sales, Program Management & Manufacturing, EPMS since 2008, Vice President, North America Seating Operations since 2005 and in various other management positions for the Company since 1994. |
Wendy Foss |
Ms. Wendy L. Foss is Chief Accounting Officer, Vice President, Corporate Controller of Lear Corp. Ms. Foss previously served as the Company’s Vice President and Corporate Controller since November 2007, Vice President and Chief Compliance Officer from January 2007 until February 2009, Vice President, Audit Services since September 2007, Vice President, Finance and Administration and Corporate Secretary since May 2007, Vice President, Finance and Administration and Deputy Corporate Secretary since September 2006, Vice President, Accounting since July 2006, Assistant Controller since June 2003 and prior to 2003, in financial management positions for the Company and UT Automotive, Inc. and as an audit manager for Coopers & Lybrand. |
Shari Burgess |
Ms. Shari L. Burgess is Vice President, Treasurer of Lear Corp. Ms. Burgess is the Company’s Vice President and Treasurer, a position she has held since August 2002. Ms. Burgess previously served in financial roles since joining the Company in 1992. Prior to joining the Company, Ms. Burgess served as the corporate controller for Victor International Corporation and as an audit manager for Ernst & Young LLP. |
Thomas Capo |
Mr. Thomas P. Capo is Independent Director of Lear Corp. Mr. Capo was Chairman of Dollar Thrifty Automotive Group, Inc. from October 2003 until November 2010. Mr. Capo was a Senior Vice President and the Treasurer of DaimlerChrysler Corporation from November 1998 to August 2000, Vice President and Treasurer of Chrysler Corporation from 1993 to 1998, and Treasurer of Chrysler Corporation from 1991 to 1993. Prior to holding these positions, Mr. Capo served as Vice President and Controller of Chrysler Financial Corporation. Mr. Capo also serves as a director of Cooper Tire & Rubber Company. Previously, Mr. Capo served as a director of Dollar Thrifty Automotive Group, Inc. from its initial public offering in 1997 until its sale to Hertz Corporation in 2012, JLG Industries, Inc. until its sale to Oshkosh Corp. in 2006, Sonic Automotive, Inc. and Microheat, Inc. Mr. Capo has a bachelor’s degree in Finance, an MBA and a master’s degree in Economics from the University of Detroit-Mercy. |
Jonathan Foster |
Mr. Jonathan F. Foster is Independent Director of Lear Corp. Mr. Foster is Managing Director of Current Capital LLC, a private equity and portfolio company management firm. Previously, from 2007 until 2008, Mr. Foster served as a Managing Director and Co-Head of Diversified Industrials and Services at Wachovia Securities. From 2005 until 2007, he served as Executive Vice President — Finance and Business Development of Revolution LLC. From 2002 until 2004, Mr. Foster was a Managing Director of The Cypress Group, a private equity investment firm and from 2001 until 2002, he served as a Senior Managing Director and Head of Industrial Products and Services Mergers & Acquisitions at Bear Stearns & Co. From 1999 until 2000, Mr. Foster served as the Executive Vice President, Chief Operating Officer and Chief Financial Officer of Toysrus.com, Inc. Previously, Mr. Foster was with Lazard Frères & Company LLC in mergers and acquisitions for over ten years, including as a Managing Director. Mr. Foster is also a director of Masonite Inc. and Chemtura Corporation as well as a Trustee of the New York Power Authority. Mr. Foster was previously a member of the board of directors of Smurfit-Stone Container Corporation, one of the industry’s integrated containerboard and corrugated packaging producers. Mr. Foster has a bachelor’s degree in Accounting from Emory University, a master’s degree in Accounting & Finance from the London School of Economics and he attended the Executive Education Program at Harvard Business School. |
Kathleen Ligocki |
Ms. Kathleen A. Ligocki is Independent Director of Lear Corp. Ms. Ligocki is an Operating Partner at Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital providers. Ms. Ligocki works with the firm’s greentech ventures on strategic challenges, scaling operations and commercialization. Ms. Ligocki has served as the Chief Executive Officer of two early stage companies: Next Autoworks, an auto company with a unique low-cost business model, from 2010 to 2012, and GS Motors, a Mexico City-based auto retailer owned by Grupo Salinas, Mexican conglomerate, from 2008 to 2009. From 2008 to 2010, Ms. Ligocki also served as Principal in Pine Lake Partners, a consultancy focused on start-ups and turnarounds. From 2003 to 2007, Ms. Ligocki was the Chief Executive Officer of Tower Automotive, a global Fortune 1000 automotive supplier. Previously, Ms. Ligocki held executive positions at Ford Motor Company and at United Technologies Corporation where she led operations in North America, Europe, Africa, the Middle East and Russia. Ms. Ligocki began her industrial career at General Motors Corporation working for 15 years at Delco Electronics Corporation. Ms. Ligocki also serves as a director of Ashland Inc., Next Autoworks, Lehigh Technologies and APTwater, Inc. Ms. Ligocki earned a bachelor’s degree with highest distinction in Liberal Studies from Indiana University Kokomo and holds an MBA from the Wharton School at the University of Pennsylvania. She also has been awarded honorary doctorate degrees from Central Michigan University and Indiana University Kokomo. |
Conrad Mallett |
Justice Conrad L. Mallett, Jr. is Independent Director of Lear Corp. Justice Mallett was reappointed Chief Administrative Officer of Detroit Medical Center in January 2012, after serving as President and Chief Executive Officer of Detroit Medical Center’s Sinai- Grace Hospital from August 2003 until December 2011. Prior to that, Justice Mallett served as the Chief Legal and Administrative Officer of the Detroit Medical Center beginning in March 2003. Previously, he served as President and General Counsel of La-Van Hawkins Food Group LLC from April 2002 to March 2003, and Chief Operating Officer for the City of Detroit from January 2002 to April 2002. From August 1999 to April 2002, Justice Mallett was General Counsel and Chief Administrative Officer of the Detroit Medical Center. Justice Mallett was also a Partner in the law firm of Miller, Canfield, Paddock & Stone from January 1999 to August 1999. Justice Mallett was a Justice of the Michigan Supreme Court from December 1990 to January 1999 and served a two-year term as Chief Justice beginning in 1997. Justice Mallet is a director of Kelly Services, Inc. Justice Mallett has a bachelor’s degree from the University of California, Los Angeles, a JD degree from the University of Southern California, a master of public administration degree from the University of Southern California and an MBA from Oakland University. |
Donald Runkle |
Mr. Donald L. Runkle is Independent Director of Lear Corp. Mr. Runkle currently serves as Chief Executive Officer of EcoMotors International and has held this position since 2009. Since 2005, Mr. Runkle has provided consulting services in business and technical strategy and, from 2006 to 2007, he also was a consultant for Solectron Corporation. Mr. Runkle also serves as an Operating Executive Advisor for Tennenbaum Capital Partners LLC and has held this position since 2005. From 1999 until 2005, Mr. Runkle held various executive-level positions at Delphi Corporation, including Vice Chairman and Chief Technology Officer from 2003 until 2005, President, Delphi Dynamics and Propulsion Sector, and Executive Vice President from 2000 until 2003 and President, Delphi Energy and Engine Management Systems, and Vice President, Delphi Automotive Systems, from 1999 until 2000. Previously, Mr. Runkle was employed by General Motors Corporation for over 30 years in various management and executive-level positions, including Vice President & General Manager of Energy & Engine Management Systems from 1996 until 1999, Vice President & General Manager of Saginaw Steering Systems from 1993 until 1996, Vice President of North American Operations Engineering from 1992 until 1993, and Vice President of Advanced Engineering from 1988 until 1992. Mr. Runkle also serves as a director of several non-public companies, including Envirotest Systems Holding Corp., WinCup Corporation, Transonic Combustion Inc., EcoMotors International and the Lean Enterprise Institute. Mr. Runkle previously served as Chairman of Autocam and EP Management. Mr. Runkle has a bachelor’s and a master’s degree in Mechanical Engineering from the University of Michigan and a Master of Science in Management Studies degree as a Sloan Fellow from Massachusetts Institute of Technology. |
Gregory Smith |
Mr. Gregory C. Smith is Independent Director of Lear Corp. Mr. Smith, a retired Vice Chairman of Ford Motor Company, currently serves as Principal of Greg C. Smith LLC, a private management consulting firm, a position he has held since 2007. Previously, Mr. Smith was employed by Ford Motor Company for over 30 years until 2006. Mr. Smith held various executive-level management positions at Ford Motor Company, most recently serving as Vice Chairman from 2005 until 2006, Executive Vice President and President — Americas from 2004 until 2005, Group Vice President — Ford Motor Company and Chairman and Chief Executive Officer — Ford Motor Credit Company from 2002 to 2004, Vice President, Ford Motor Company, and President and Chief Operating Officer, Ford Motor Credit Company, from 2001 to 2002. As Vice Chairman, Mr. Smith was responsible for Ford’s Corporate Strategy and Staffs, including Human Resources and Labor Affairs, Information Technology, and Automotive Strategy. During his career at Ford, Mr. Smith ran several business units and had experience in Financial Services, Strategy, Marketing and Sales, Engineering and Product Development. Mr. Smith was also responsible for Hertz when Ford owned it, and, in 2005, Automotive Components Holdings, the portion of Visteon that Ford repurchased. Currently, Mr. Smith serves as a director of Penske Corporation and formerly served as a director of the Federal National Mortgage Association (Fannie Mae) and Solutia Inc. Mr. Smith has a bachelor’s degree in Mechanical Engineering from Rose-Hulman Institute of Technology and an MBA from Eastern Michigan University. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Henry Wallace |
-- |
Matthew Simoncini |
10,140,600 |
Jeffrey Vanneste |
3,968,820 |
Terrence Larkin |
4,828,890 |
Raymond Scott |
4,974,860 |
Thomas DiDonato |
-- |
Melvin Stephens |
3,886,980 |
Frank Orsini |
-- |
Wendy Foss |
-- |
Shari Burgess |
-- |
Thomas Capo |
-- |
Jonathan Foster |
-- |
Kathleen Ligocki |
-- |
Conrad Mallett |
-- |
Donald Runkle |
-- |
Gregory Smith |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Henry Wallace |
0 | 0 |
Matthew Simoncini |
0 | 0 |
Jeffrey Vanneste |
0 | 0 |
Terrence Larkin |
0 | 0 |
Raymond Scott |
0 | 0 |
Thomas DiDonato |
0 | 0 |
Melvin Stephens |
0 | 0 |
Frank Orsini |
0 | 0 |
Wendy Foss |
0 | 0 |
Shari Burgess |
0 | 0 |
Thomas Capo |
0 | 0 |
Jonathan Foster |
0 | 0 |
Kathleen Ligocki |
0 | 0 |
Conrad Mallett |
0 | 0 |
Donald Runkle |
0 | 0 |
Gregory Smith |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
DIDONATO THOMAS A |
4,369 | $57.64 |
DIDONATO THOMAS A |
6,388 | $0.00 |
DIDONATO THOMAS A |
2,019 | $52.83 |
ORSINI FRANK C |
4,032 | $0.00 |
LARKIN TERRENCE B |
10,468 | $0.00 |
SCOTT RAYMOND E JR |
10,468 | $0.00 |
LARKIN TERRENCE B |
3,295 | $54.46 |
BURGESS SHARI L |
2,380 | $0.00 |
FOSS WENDY L |
777 | $54.46 |
SIMONCINI MATTHEW J |
10,468 | $0.00 |
SCOTT RAYMOND E JR |
3,295 | $54.46 |
STEPHENS MEL |
8,996 | $0.00 |
ORSINI FRANK C |
1,291 | $54.46 |
SIMONCINI MATTHEW J |
3,303 | $54.46 |
BURGESS SHARI L |
797 | $54.46 |
FOSS WENDY L |
2,310 | $0.00 |
STEPHENS MEL |
2,848 | $54.46 |
LARKIN TERRENCE B |
28,329 | $41.53 |
FOSS WENDY L |
6,587 | $41.53 |
SCOTT RAYMOND E JR |
28,329 | $41.53 |
BURGESS SHARI L |
6,787 | $41.53 |
SIMONCINI MATTHEW J |
28,329 | $41.53 |
ORSINI FRANK C |
9,571 | $41.53 |
ORSINI FRANK C |
14,444 | $0.00 |
FOSS WENDY L |
2,919 | $42.03 |
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