secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2024-05-20T23:59:59+00:00
Accession:  0000842162-24-000037
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear appoints Carl Esposito to lead IDEA by Lear; Nick Roelli succeeds as President of E-Systems
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- Carl Esposito named SVP, IDEA by Lear, effective May 16, 2024; previously SVP & President of E-Systems.
- Nick Roelli appointed SVP & President of E-Systems, effective May 16; previously VP of Seating North America.
- Roelli's employment agreement: base salary $650K, eligible for annual bonus and long-term incentives under 2019 LTSIP.
- At May 16 annual meeting, all 10 director nominees elected; auditor ratified; say-on-pay passed with ~46.9M for, 5.1M against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216224000037/0000842162-24-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216224000037/lear-20240516.htm
  HTML page:      https://secwatch.observer/filing/0000842162-24-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer