Lear Names Matthew J. Simoncini Chief Financial Officer
SOUTHFIELD, Mich., Oct. 1 /PRNewswire-FirstCall/ -- Lear Corporation (NYSE:
LEA) a leading global supplier of automotive seating systems, electrical
distribution systems and electronic products, today announced Matthew
J. Simoncini has been appointed chief financial officer, effective
immediately, reporting to Lear Vice Chairman James H. Vandenberghe.
Daniel A. Ninivaggi, Lear Executive Vice President, General Counsel
and Chief Administrative Officer, will continue to oversee Corporate
Development and Strategic Planning activities.
Most recently, Simoncini served as senior vice president of Global
Finance and chief accounting officer where he was responsible for Lear's
worldwide operational finance and accounting. Prior to this position,
he served as vice president, Operational Finance since 2004, during
which time he was responsible for Lear's divisional finance
organization. He also served as the chief financial officer of Lear's
Europe, Asia and Africa operations from 2001-2004.
"Matt has done an outstanding job in a wide variety of key finance
and accounting roles, and his promotion to chief financial officer is
well deserved," said Bob Rossiter, Lear Chairman, CEO and President.
"His business skills, operational knowledge and broad financial
experience make him the perfect candidate to lead the Finance function.
I look forward to working with him to further strengthen Lear's
financial position and continue to reposition our company for future
In addition to his qualifications with Lear, Simoncini served in a
variety of senior finance positions for United Technologies Automotive,
which Lear acquired in 1999. He began his career in 1985 with Deloitte
& Touche after earning a bachelor's degree from Wayne State
University in Detroit. He is a Certified Public Accountant and a member
of the Michigan Association of Certified Public Accountants.
Lear Corporation is one of the world's largest suppliers of
automotive seating systems, electrical distribution systems and
electronics products. The company's world-class products are designed,
engineered and manufactured by a diverse team of more than 90,000
employees at 236 locations in 33 countries. Lear's headquarters are in
Southfield, Michigan, and Lear is traded on the New York Stock Exchange
under the symbol [LEA]. Further information about Lear is available on
the Internet at http://www.lear.com/
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SOURCE: Lear Corporation
CONTACT: Mel Stephens of Lear Corporation, +1-248-447-1624
Web site: http://www.lear.com/
Company News On-Call: http://www.prnewswire.com/comp/518304.html
Posted on 10/1/2007