Lear Corporation Named One of FORTUNE'S Most Admired Companies

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Feb 28, 2019, 08:00 ET

SOUTHFIELD, Mich., Feb. 28, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader, today announced that it has been named to FORTUNE Magazine's World's Most Admired Companies list.

The magazine's list of the World's Most Admired Companies is based on a survey of corporate reputations conducted in collaboration with global management consulting firm Korn Ferry. The survey was distributed to 3,750 executives, directors, and securities analysts from 680 global companies in 52 industries who were asked about the companies they admired most inside and outside their own fields of work. The results were based on nine factors ranging from investment value to quality of management and products to social responsibility and ability to attract talent.

Among motor vehicle parts companies, Lear was ranked third overall and third in the "People Management" and "Long-Term Investment Value" categories.

"We're proud to be named one of FORTUNE Magazine's World Most Admired Companies," said Ray Scott, Lear President and CEO. "Being named to this prestigious list is a testament to our focus on people, innovation, and quality and the hard work and dedication the Lear team demonstrates each and every day."

About Lear Corporation

Lear Corporation is one of the world's leading suppliers of automotive seating systems and electrical systems (E-Systems). Lear serves every major automaker in the world, and Lear content can be found on more than 400 vehicle nameplates. Lear's world-class products are designed, engineered and manufactured by a diverse team of approximately 169,000 employees located in 39 countries. Lear currently ranks #148 on the Fortune 500. Lear's headquarters are in Southfield, Michigan. Further information about Lear is available at lear.com or follow us on Twitter @LearCorporation. Lear is where passion drives possibilities.

SOURCE Lear Corporation