Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Lear Named One of FORTUNE'S 2024 Most Admired Companies

Published 02/07/2024, 11:22 PM
Updated 02/07/2024, 11:24 PM

Lear (NYSE:LEA) 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 (NYSE:KFY) 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.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/lear-named-one-of-fortunes-2024-most-admired-companies-302055899.html

SOURCE Lear Corporation

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.