Lear Corp Reports Director Changes and Compensatory Info

Ticker: LEA · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z

Sentiment: neutral

Topics: director-change, governance, compensation

TL;DR

Board shuffle at Lear Corp: Blakemore out, Johnson in. Plus, executive pay details.

AI Summary

On February 14, 2025, LEAR CORPORATION filed an 8-K report detailing the departure of Director John H. M. Blakemore and the election of new director David M. Johnson. The report also covers compensatory arrangements for certain officers and includes financial statements and exhibits.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, while updates on executive compensation are closely watched by investors.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance changes and disclosures, not significant financial events.

Key Players & Entities

FAQ

Who has departed from Lear Corporation's board of directors?

John H. M. Blakemore has departed from Lear Corporation's board of directors as of February 14, 2025.

Who has been elected as a new director to Lear Corporation's board?

David M. Johnson has been elected as a new director to Lear Corporation's board.

What other information is disclosed in this 8-K filing?

The filing also covers compensatory arrangements of certain officers and includes financial statements and exhibits.

What is the exact date of the earliest event reported in this filing?

The date of the earliest event reported is February 14, 2025.

What is Lear Corporation's state of incorporation?

Lear Corporation is incorporated in Delaware.

From the Filing

0000842162-25-000013.txt : 20250218 0000842162-25-000013.hdr.sgml : 20250218 20250218090540 ACCESSION NUMBER: 0000842162-25-000013 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250214 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEAR CORP CENTRAL INDEX KEY: 0000842162 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 133386776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11311 FILM NUMBER: 25632964 BUSINESS ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 BUSINESS PHONE: 2484471500 MAIL ADDRESS: STREET 1: 21557 TELEGRAPH ROAD CITY: SOUTHFIELD STATE: MI ZIP: 48033 FORMER COMPANY: FORMER CONFORMED NAME: LEAR CORP /DE/ DATE OF NAME CHANGE: 19960620 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SEATING CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: LEAR SIEGLER SEATING CORP DATE OF NAME CHANGE: 19900723 8-K 1 lear-20250214.htm 8-K lear-20250214 0000842162 false 0000842162 2025-02-14 2025-02-14 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________  FORM 8-K ______________________________________  CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 14, 2025 ______________________________________  LEAR CORPORATION (Exact name of Registrant as specified in its charter) ______________________________________  Delaware 1-11311 13-3386776 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification Number) 21557 Telegraph Road , Southfield , MI 48033 (Address of principal executive offices) ( 248 ) 447-1500 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common stock, par value $0.01 LEA New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐ Section 5 - Corporate Governance and Management Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d)    On February 14, 2025, Julian Blissett was elected to the Board of Directors (the &#

View on Read The Filing