MeiWei Cheng - Lear Independent Director

LEA Stock  USD 97.89  1.52  1.58%   

Director

Mr. MeiWei Cheng is Independent Director of the Company. Mr. Cheng was a director of the Company since January 2019. Additionally, Mr. Cheng is a member of the Board of Directors of both Interplex Holdings Pte. Ltd. and NIU Technologies. Mr. Cheng also serves as the NonExecutive Chairman of HCP Packaging, a Baring Private Equity Asia portfolio company, a role he has held since August 2018. Mr. Cheng has served as an Advisory Board member of CareSyntax, a technology and services platform for hospitals, since May 2018 and Lumileds, a lighting company, since April 2018. Additionally, Mr. Cheng is a Senior Advisor of Iconiq Motors, a new energy vehicle company, a position he has held since September 2017, and a Senior Venture Partner of Fontinalis Capital Partners II, a position he has held since December 2014. From July 2012 to October 2018, Mr. Cheng served as a member of the Audit and Finance Committee of the Board of Directors for Seagate Technology, a data storage company. From February 2015 to January 2017, Mr. Cheng served as the Chairman of the Board of Directors of Pactera Technology International Ltd., a portfolio company of Blackstone Group. From July 2010 to April 2014, Mr. Cheng served as the Chief Executive Officer of Siemens Northeast Asia and as President and Chief Executive Officer of Siemens China. Prior to joining Siemens, Mr. Cheng served as the Chairman and Chief Executive Officer of Ford Motor Ltd. and as Group Vice President of Ford Motor Company from 2009 to 2010. Before joining Ford, Mr. Cheng held various senior executive positions at General Electric Corporation and ATT. Mr. Cheng also served as a member of the Audit Committee of the Board of Directors of Diebold Nixdorf, Inc. from 2009 to 2013 since 2019.
Age 71
Tenure 5 years
Address 21557 Telegraph Road, Southfield, MI, United States, 48033
Phone248 447 1500
Webhttps://www.lear.com
Cheng earned a bachelor’s degree in industrial engineering and operations research from Cornell University,

Lear Management Efficiency

The company has Return on Asset of 0.0442 % which means that on every $100 spent on assets, it made $0.0442 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1256 %, implying that it generated $0.1256 on every 100 dollars invested. Lear's management efficiency ratios could be used to measure how well Lear manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.12, whereas Return On Tangible Assets are forecasted to decline to 0.03. At present, Lear's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 2.7 B, whereas Total Assets are forecasted to decline to about 9.1 B.
Lear Corporation has 2.92 B in debt with debt to equity (D/E) ratio of 0.72, which is OK given its current industry classification. Lear has a current ratio of 1.3, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Lear to invest in growth at high rates of return.

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Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan. Lear Corp operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 160100 people. Lear Corporation (LEA) is traded on New York Stock Exchange in USA. It is located in 21557 Telegraph Road, Southfield, MI, United States, 48033 and employs 186,600 people. Lear is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

Lear Leadership Team

Elected by the shareholders, the Lear's board of directors comprises two types of representatives: Lear inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lear. The board's role is to monitor Lear's management team and ensure that shareholders' interests are well served. Lear's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lear's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dave Mullin, VP Marketing
Roger Krone, Independent Director
Ed Lowenfeld, Vice Relations
MeiWei Cheng, Independent Director
Gideon Jewel, President Seating
Alicia Davis, Senior Vice President - Corporate Development and Investor Relations
Carl Esposito, Senior Vice President and President of E-Systems
Alicia JD, Senior Officer
Nicholas Roelli, Senior ESystems
Jason Cardew, Chief Financial Officer, Senior Vice President
Frank Orsini, Executive Vice President and President - Seating
Jonathan Foster, Independent Director
Marianne Vidershain, Vice President Treasurer
Mary Jepsen, Independent Director
Chris Scott, Vice Sustainability
Raymond Scott, President, Chief Executive Officer, Director
Rashida Thomas, Chief Management
Katya Pruett, Vice Communications
Conrad Mallett, Independent Director
Amy Doyle, Chief Accounting Officer, Vice President
Thomas DiDonato, Senior Vice President, Chief Administrative Officer
Thomas Capo, Independent Director
Gregory Smith, Independent Non-Executive Chairman of the Board
Shari Burgess, Vice President Treasurer and Chief Diversity Officer
Bradley Halverson, Independent Director
Kathleen Ligocki, Independent Director
Patricia Lewis, Independent Director
Harry Kemp, Senior Vice President General Counsel, Corporate Secretary

Lear Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Lear a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lear offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lear's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lear Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lear Corporation Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lear Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lear. If investors know Lear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lear listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.071
Dividend Share
3.08
Earnings Share
9.51
Revenue Per Share
410.529
Quarterly Revenue Growth
(0.03)
The market value of Lear is measured differently than its book value, which is the value of Lear that is recorded on the company's balance sheet. Investors also form their own opinion of Lear's value that differs from its market value or its book value, called intrinsic value, which is Lear's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lear's market value can be influenced by many factors that don't directly affect Lear's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.