Lear Corporation secures eighth consecutive spot on FORTUNE list

Web DeskMay 20, 2024 10:53 PMbusiness
  • Recognized for consistent excellence and leadership in automotive technology sector
  • Received over 80 awards for operational excellence, inclusive workplaces, and sustainability initiatives
  • Collaboration with Korn Ferry underscores reputation for excellence in investment value and social responsibility
Lear Corporation secures eighth consecutive spot on FORTUNE listImage Credits: PR Newswire
Lear Corporation, a prominent player in automotive technology, secures its eighth consecutive spot on FORTUNE's 'World's Most Admired Companies' list. Recognized for excellence, innovation, and commitment to sustainability.

Lear Corporation, a key player in the automotive technology sector, specializing in Seating and E-Systems, has once again secured a spot on FORTUNE magazine's esteemed 'World's Most Admired Companies' list for the eighth consecutive year. This recognition highlights Lear's consistent excellence and leadership in the industry.

In a recent survey by FORTUNE, Lear excelled in various categories within the Motor Vehicle Parts Makers industry group, consistently ranking in the top five across all nine criteria. Particularly, Lear showed significant improvement in Social Responsibility and Financial Soundness compared to the previous year.

Ray Scott, Lear's President and CEO, expressed pride in the company's achievement, crediting it to the dedication and talent of Lear's global workforce. He emphasized Lear's commitment to delivering exceptional performance to customers, shareholders, and communities worldwide.

Throughout 2023, Lear received over 80 awards for operational excellence, commitment to inclusive workplaces, and sustainability initiatives. These accolades showcase Lear's ongoing efforts to drive innovation and maintain high standards in the automotive industry.

Collaborating with Korn Ferry, a renowned global management consulting firm, FORTUNE's survey involved executives, directors, and analysts rating companies across 52 industries on various criteria. Lear's consistent recognition as a top-tier company underscores its reputation for excellence in investment value, quality of management, and social responsibility.

As a leading provider of automotive technology solutions, Lear is dedicated to enhancing in-vehicle experiences for consumers globally. With a diverse team spanning 37 countries, Lear prioritizes innovation, operational excellence, and sustainability to make every drive safer, smarter, and more comfortable.

Headquartered in Southfield, Michigan, Lear serves a global clientele of major automakers and is listed on the prestigious Fortune 500. Lear's continuous success and commitment to excellence solidify its position as a leader in the automotive technology sector.

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