Lear Corporation Appoints Henry Wallace to Board of Directors
Southfield, Mich., February 10, 2005 – Lear Corporation [NYSE: LEA]
today announced that Henry D. G. Wallace has been appointed to Lear's
Board of Directors, effective immediately.
Wallace retired as a senior executive from Ford Motor Company in
2001, following a 30-year career with the automaker. He recently served
as group vice president and chief financial officer, and he held
numerous other senior level positions, including group vice president,
Asia Pacific Operations, president of Mazda Motor Corporation, vice
president European Strategic Planning, president, Ford Venezuela and
controller, Ford Mexico.
“Henry's extensive international automotive experience and financial
background nicely complement the experience and skills of the other
members of our board, said Bob Rossiter, chairman and chief executive
officer of Lear Corporation. “We are very fortunate to gain a leader
with his considerable financial expertise, business acumen and operating
experience in the strategically important Asia Pacific region. He will
be an excellent addition to our board of directors.
Wallace earned a bachelor's degree in Economics from the University of Leicester in the United Kingdom.
Lear Corporation, a Fortune 500 company headquartered in Southfield,
Mich., USA, focuses on integrating complete automotive interiors,
including seat systems, interior trim and electrical systems. With
annual net sales of $17 billion in 2004, Lear is one of the world's
largest automotive interior systems suppliers. The company's
world-class products are designed, engineered and manufactured by more
than 110,000 employees in 34 countries. Further information about Lear
and its products is available on the internet at www.lear.com.
Posted on 2/10/2005