PR99546

SOUTHFIELD, Mich., Feb. 16, 2023 /PRNewswire=KYODO JBN/ --

Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating

and E-Systems, has been named to FORTUNE magazine's "World's Most Admired

Companies" list for the seventh consecutive year.

Lear was awarded the highest placement for any North America-based automotive

supplier in the Motor Vehicles Parts Industry survey. Lear placed in the top

three in the long-term investment and global competitiveness categories – two

of the nine factors used by respondents to determine the overall rankings of

companies.

"Being selected to this prestigious list for seven consecutive years is a

testament to our talented and dedicated employees worldwide. Every day, our

team is focused on providing our customers with high quality, innovative

products and giving back to the communities where we live and work," said Lear

President and CEO Ray Scott. "Our success is made possible by our commitment to

innovation, inclusion and getting results the right way."

During 2022, Lear's achievements include:

- More than 100 awards globally as a company in categories such as technology;

diversity, equity and inclusion; environmental, social and governance;

workplace culture, quality, and employee health and safety.

- Completing the important acquisitions of Kongsberg Automotive, Thagora

Technology SRL and InTouch Automation to enhance our efforts in thermal comfort

and Industry 4.0.

- Making remarkable employee-led contributions to support Ukrainian relief

efforts, personal wellness and mental health initiatives, and numerous global

community assistance activities.

In collaboration with global management consulting firm Korn Ferry, FORTUNE

compiled its annual list after surveying 3,760 executives, directors, and

analysts from 645 global companies in 52 industry groups about corporate

reputation. Respondents ranked the reputations of companies based on nine

factors, including management and leadership quality, product and service

quality, innovation, social responsibility, global competitiveness and value as

a long-term investment.

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 38 countries is driven by a commitment to

innovation, operational excellence, and sustainability. Lear is Making every

drive better(TM) 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 179 on the Fortune 500. Further

information about Lear is available at lear.com or on Twitter @LearCorporation.

Source:Lear Corporation