Lear Corporation has set up charitable associations that focus on environmental protection and sustainability. Ray Scott, who took over as Lear Corp.'s CEO on March 1, doesn't see it that way. By continuing browsing our website, you agree with our. The Lear Corp. may not be a household name, but the 103-year-old maker of electrical components and seats for cars reported more than $21 billion in sales in 2018, placing the company No. There are currently more than 220 factories around the globe including 36 countries. Ray Scott also serves on Michigan State University’s Eli Broad College of Business Alumni. They have two sons, Joshua and Jacob. In addition to serving on the Board of Lear Corporation, Ray Scott serves other boards. Early in life, Ray knew he wanted to work in the corporate business field and would study business management. With advancing technology in the automotive field, Scott wants to make sure the company keeps up with the field. Scott takes in about $300,000 in other compensation. He is also a member of the Business Leaders of Michigan. Company Overview Lear was founded in 1917 in Detroit as American Metal Products, a manufacturer of seating assemblies and other components for the automotive and aircraft industries. Detroit Metropolitan Area. Lear CEO Ray Scott: "The second quarter of 2020 was one of the most challenging in our history." Ray Scott Area Sales Manager at Geiger Handling UK Sutton. Lear Corporation's President, Chief Executive Officer and Director is Ray Scott. President, Chief Executive Officer and Director. 147 on Fortune's annual list. From 2005 to 2008, Scott served Lear Corp. as its Senior Vice President of North American operations and then Global operations. President, Chief Executive Officer and Director, We use cookies to give you the best experience possible. On March 1, 2018, Ray Scott was named Chief Executive Officer, Director and President of Lear Corporation. Other members of Lear's senior management team have also joined us on the call. He serves on the Board of Trustees for Kettering University in Flint, Michigan. Scott would go on to complete Executive Education Programs at Stanford University and the Wharton School of Business. The company produced tubular, welded and stamped assemblies for the aircraft and automotive industries. Here are 10 things you didn’t know about Lear CEO Ray Scott. In addition to serving as president of both the Seating and E-Systems business segments at Lear, Mr. Scott has held other executive positions in both Europe and the U.S. Last year, I signed the CEO Action for Diversity and Inclusion pledge, which reaffirmed our commitment to cultivating a workplace where diverse perspectives and experiences are welcomed and respected and where employees feel comfortable and empowered to discuss diversity and inclusion. Lear Corporation was founded in Detroit, Michigan in 1917 as “American Metal Products”. If we need to shut down again, we’ll shut down,” says Lear CEO Ray Scott, wearing a mask during reopening training at the supplier's Flint plant. Lear Presenting today are Ray Scott, Lear President and CEO and Jason Cardew, Senior Vice President and CFO. Before becoming Chief Executive Officer at Lear Corp. in March 2018, Scott served as Executive Vice President and President of Seating. Presenting today are Ray Scott, Lear … He likes his city because according to him hardworking and sensible people li… Following high school, Ray Scott attended the University of Michigan. Scott has held executive positions at Lear Corp. for the past three decades. See the full leadership team at Craft. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. After 10 years, he was promoted to Director of Sales and the following year promoted to Vice President of Operations. I was interested in the new Lear-built world-class seating plant at 902 E. Hamilton Ave., its impact on Flint and specifically why Lear chose that historical location. Ray Scott He earned his Bachelor Degree in Economics. Ray Scott is President/CEO at Lear Corp. See Ray Scott's compensation, career history, education, & memberships. He is responsible for the strategic direction and operational leadership of the company. Mr. Scott started his career at Lear in 1988. The family currently resides in Birmingham. Ray Scott President and CEO at Lear Corporation . Scott is planning for self driving cars and the importance Lear can provide with hits electrical technology. “Adding production capacity at our Pine Grove facility is the most recent action we have taken to use our available manufacturing and technology resources to quickly and effectively address the health care crisis worldwide,” said Ray Scott, Lear President and CEO. Lear grew during the 1980s and 1990s through a series of acquisitions. He co-founded Axolotl Corp. in 1995 to provide collaborative electronic workflow solutions for communities of … Raymond E. Scott Jr. is a life long resident of Michigan. Raymond E. Scott Jr. is a life long resident of Michigan. Lear Corporation is working to advance “smart seats” that are state of the art. At Lear, the health and safety of our employees is our highest priority. He is married to Marie Scott. Garrett by trade is a personal finance freelance writer and journalist. Scott used to play football and basketball in high school. Also in attendance were Doug Daugherty, Lear VP of global facilities and real estate, and Jason Scott (no relation to Ray), Lear VP of global GM seating (via Skype). … The foundation focuses on providing opportunities to youths and adults in the fields of art, culture, education, youth development and human services. E-Systems uses wireless harnessing, terminals, connectors, and power distribution boxes to proved the most advanced seating in automobiles. Company Participants. He’s from Michigan. The company particularly focus on giving back to the communities where their factories are located. “With Lear’s reach, we can scale Xevo’s innovative technology and business model to a global customer base.” “With the acquisition of Xevo, Lear advances its leadership position in the global trends reshaping the automotive industry,” said Ray Scott, Lear’s Chief Executive Officer. Which McLaren Model Has The Highest Horsepower? Home; Nowhere Near Done; Tour; About; Music; Gallery; Shop; Home; Nowhere Near Done; Tour; About Lear Corporation is well known for its philanthropic contributions. In 2011, Lear Corporation filed Chapter 11 bankruptcy but quickly rebounded. He was born on August … Ray Scott class 3 marine engineer. Good morning, everyone and thanks for joining us for Lear’s fourth quarter and full year 2020 earnings call. He went on to study business at Michigan State University where he earned his Master Degree in Business Administration. Mr. Scott serves on the Detroit Regional Partnership board, the Detroit Economic Club board, the Board of Trustees for Kettering University in Flint, MI, and the Michigan State University Eli Broad College of Business Alumni Board. He also attended executive education programs at Stanford University and the Wharton School of Business at the University of Pennsylvania. An executive at Lear Corporation, one of the world’s largest auto parts manufacturers, recently admitted that car seats are uncomfortable by design, and revealed plans on how his company finally plans to remedy the issue. Ray Scott VP Human Resources at Major League Baseball. Thanks, Kate. Ray Scott - President & CEO. Mr. Scott holds a Bachelor of Science degree in Economics from the University of Michigan and a Master of Business Administration degree from Michigan State University's Advanced Management Program. He was born on August 3, 1965 in Flint. Lear Corporation (NYSE:LEA) Q2 2020 Results Conference Call August 4, 2020 8:30 AM ET. Presenting today are Ray Scott, Lear's President and CEO; and Jason Cardew, Senior Vice President and CFO. He has helped the company grow and is excited to continue his work and help lead the company into the future. Ray Scott. The 1980’s and 1990’s saw a large number of acquisitions for the company, and the company became the world’s major supplier of complete interior automotive systems. Greater Detroit Area. Born and brought up in Flint, the head of the leading American automotive aftermarket company would spend his time at Churchill’s downtown, Angelo’s, and Rube’s while studying in Powers. He held various positions of increasing responsibility in program management and sales before becoming senior vice president in 2009, and then president of Lear’s global Electrical Power Management Systems division—now referred to as E-Systems. From their 28 years of marriage, the couple has three children, namely, Jenna, Joshua, and Jacob. As of 2017, the company is worth $20.462 billion. Ray Scott has great plans for Lear Corporation as he guides the company to the future. Ray Scott, president and CEO of Lear Corporation The annual Sylvan T. Warrington Visiting Lectureship in Ethics and Leadership welcomes esteemed Broad College alumni back to their alma mater to speak on issues and topics in business that they’re passionate about. These positions include president of Lear's North American Seating Systems, president of Lear's European Customer-Focused division, president of the General Motors and Fiat Customer-Focused divisions, vice president and general manager of Lear GM-Europe, vice president of Operations for Lear-Saab, and sales director for Lear's GM division. Ray Scott Ray Scott is president and chief executive officer of Lear Corporation. At Lear, the health and safety of our employees is our highest priority. Ray Scott. Mackay, Australia. With Ray Scott’s leadership, Lear Corporation is advancing the industry with innovative technologies to lead the car interior industry into the future. Simonicini continues to advise Ray Scott in the biggest position of the company. ... Ray Scott. Ray Scott began his career at Lear Corporation in 1988. Lear CEO Ray (age 54) and his wife Maria met each other at Powers Catholic High School. Ray Scott brings his many years of experience in healthcare information technology, and is a widely respected authority in health information exchange and healthcare informatics. Greater Detroit Area. Lear Corp. LEA, +2.62% said Friday it was implementing a temporary 20% salary deferral for all salaried employees in the U.S. and Canada. Since becoming the Chief Executive Officer, President and Director of Lear Corporation, Ray Scott earns a total of $5.3 million. Ray Scott class 3 marine engineer. His annual salary is currently about $855,000. Ray Scott. Ray Scott President and CEO at Lear Corporation Detroit Metropolitan Area. This site uses Akismet to reduce spam. Ray Scott President at Oaktree Funding Corporation. The company established the Lear Corporation Charitable Foundation in Southfield, Michigan in 2003. Alicia Davis - SVP, IR & Corporate Development. As President and Chief Executive Officer; Former Interim President, E-Systems at LEAR CORP, Raymond E. Scott made $13,336,841 in total compensation. He is responsible for the strategic direction and operational leadership of the company. He would serve the next 4 years as the President of General Motors and Fiat. Lear is continually working to advance its E-Systems which provides the industry’s leading electrical distribution systems, software, electronics, cyber security expertise, and precise vehicle positioning. Ray Scott enjoys spending time with his family. With over 10 years experience he's covered businesses, CEOs, and investments. Ray Scott is president and chief executive officer of Lear Corporation. There was a six year succession plan before Lear Corporation’s previous Chief Executive Officer, Matt Simoncini resigned. Learn how your comment data is processed. ... Ray Scott. Upland, CA. He sits on the Board of Directors of the United Way in the Southwest Michigan division. Kathleen Ligocki. He also earns $1.4 million in bonuses and approximately $2.6 million in stock. Throughout the twentieth century, Lear Corporation continued to develop and expand. 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Lear Corporation includes 2 divisions, the Seating Business Segment and the Electrical Business Segment departments. Ray Scott President and CEO at Lear Corporation Detroit Metropolitan Area. Prior to joining Lear in 2012, DiDonato served as Executive Vice President, Human Resources, American Eagle Outfitters, Inc. where he led global Human Resources, Public Affairs and Communications. “Car seats are designed for the first 15 minutes of ‘soak time’ in the dealership,” Ray Scott, president of Lear‘s seat division, told Car and Driver. In 2011, he became executive vice president and then president of the global Seating division. Ray Scott. Lear Corp. Lear CEO Ray Scott. Good morning, everyone, and thanks for joining us for Lear's Fourth Quarter and Full Year 2020 Earnings Call. Ray Scott President and CEO at Lear Corporation . Other executives include Frank Orsini, Executive Vice President and President, Seating; John Absmeier, Chief Technology Officer and 4 others. Ray Scott President and CEO A Message from Ray Scott Lear Corporation Code of Business Conduct and Ethics 1. The company sought to become a supplier of complete interior automotive systems, that is, a supplier of seating, electrical, flooring, interior trim, instrument panels, etc., to original equipment manufacturing (OEM) auto companies. It was always in the plans that Ray Scott would take over the position. Ray Scott is dedicated to the Michigan based automotive and airline company. Ray Scott. Since its 2011 problems, Lear Corporation has regrouped and rebooted. From 1999 to 2000, Scott served Lear Corp. in Europe as Vice President and General Manager of the company’s European plants. Greater New York City Area. Ray Scott. Ray Scott President and CEO at Lear Corporation . As president of Seating, Mr. Scott was responsible for developing and leading global initiatives to grow and diversify sales, accelerate innovation efforts, improve financial results and sustain world-class competitiveness in the Seating business. At Lear, we have a long-standing commitment to a workplace that is diverse, inclusive, and free from bias and discrimination. Ray Scott. The Five Most Expensive Hermes Watches Money Can Buy, The Five Best Louis Vuitton Watches Money Can Buy, How Arsenio Hall Achieved a Net Worth of $16 Million, How Scott Adams Achieved a Net Worth of $75 Million, How Si Robertson Achieved a Net Worth of $8 Million, How Tom Ellis Achieved a Net Worth of $6 Million. Lear CEO Ray Scott is a member of an advisory group the Michigan Economic Recovery Council formed over the weekend to make recommendations to Gov. 'S President, Seating ; John Absmeier, Chief technology Officer and 4.. And investments the President of Lear 's Senior management team have also us. 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