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Newsroom Lear Corporation Announces Executive Appointments

Southfield, Mich., November 15, 2004 – Lear Corporation [NYSE:LEA] today announced the following organizational changes, effective immediately:

Jim Brackenbury, has been named president - Mexican Operations, succeeding Dino de Falco who is retiring. Frank Orsini succeeds Brackenbury as president of the DaimlerChrysler Division and Dan Golles replaces Orsini as vice president - GM Truck Group. Brackenbury, Orsini and Americo Nesti, president - South American Operations whose position remains unchanged, report directly to Douglas G. DelGrosso, president and COO – Americas. Golles will report to Frank Sovis, president of Lear's GM Division.

“Jim, Frank and Dan are respected leaders with proven track records in the areas of customer service and operational excellence, said Bob Rossiter, Lear's chairman and chief executive officer. “I am confident they will each continue to make strong contributions to Lear's success in their new roles.

In his new role, Brackenbury is responsible for all aspects of Lear's business in Mexico and Central America and is based in El Paso, Texas. During his 21-year career with Lear, Brackenbury has held positions of increasing responsibility and was vice president of Lear's Interior Products Division in Europe immediately prior to assuming the leadership role at the DaimlerChrysler Division last February. Brackenbury holds a bachelor's degree from Michigan State University (MSU) and also earned a master's degree from MSU's Advanced Management Program.

Prior to his current assignment, Orsini was responsible for sales and program management related to Lear's GM truck programs. Before joining Lear's GM Division, Orsini spent five years in various leadership positions in Europe, including the role of president at the Fiat Customer Focus Division. A ten-year veteran of Lear, Orsini holds a bachelor's degree from Oakland University and also earned a master's degree from MSU's Advanced Management Program.

Golles will relocate to metro Detroit from Europe, where he spent the last three years as vice president - European Product Engineering for Lear's Interior Products Division. He has also served as vice president of SSD Applications Engineering and was a Six Sigma champion for Lear's DaimlerChrysler division. An eight-year veteran of Lear, Golles holds a bachelor's degree from Lawrence Technical University and a master's degree in business management from Purdue University.

Lear Corporation, a FORTUNE 500 company headquartered in Southfield, Michigan, USA, focuses on integrating complete automotive interiors, including seat systems, interior trim and electrical systems. With annual net sales of $15.75 billion in 2003, 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. At December 31, 2003, Lear had 289 facilities located in 34 countries. Further information about Lear and its products is available on the internet at

Posted on 11/15/2004

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