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Lear Heralds Executive Appointments

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Written by Subhasis Chatterjee   
Saturday, 19 May 2007

Lear Corporation, the pioneer global supplier of automotive seating, electronics and electrical distribution systems, announced here today of the election of Wendy L. Foss to the position of Corporate Secretary in addition to her responsibilities as Vice President of Finance and Administration. With Fross, Liam E. Hart has also been promoted to the position of Deputy General Counsel with an immediate effect. It has been stated, that from now onwards both Foss and Hart will report to Daniel A. Ninivaggi, the Executive Vice President and General Counsel.

Lear Corporation as frontrunner of international suppliers of automotive interior systems and components provide complete seating systems, electronic products and electrical distribution systems. From its inception in 1917 in Detroit as American Metal Products and a manufacturer of tubular, welded and stamped assemblies for the automotive and aircraft industries has come a long way and with annual net sales of $17.1 billion it ranks #127 among the Fortune 500 in 2006. Since 1994 when Lear went public Lear has grown to meet the changing needs of the industry with 18 major acquisitions since 1994, when Lear went public.

It has been stated, that Foss is a Certified Public Accountant and is placed on the Finance Committees for the Visiting Nurse Association, Inc. and Inforum. He earned a Bachelor of Science in Business Administration from Central Michigan University and a Master of Science degree in Finance from Walsh College. While Hart earned his Bachelor of Arts in Economics and Business Administration from Kalamazoo College and his Juris Doctorate summa cum laude from the University of Detroit School of Law, where he was positioned as a senior editor for the Law Review.

Speaking on the new appointments Mr. Ninivaggi said, "Wendy and Liam are experienced professionals who have excellent track records in areas of increasing responsibility.  Wendy's experience as deputy corporate secretary, chairperson of our Corporate Compliance Committee, assistant controller and a variety of other Finance and Administration positions make her the perfect candidate for this expanded role."

"As deputy general counsel, Liam will assume greater management responsibility of legal matters in addition to overseeing our outside counsel relationships in North America," he added with a high expectation.

 
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