Lear Corporation Recognized by Ford Motor Company as Supplier Diversity Development Corporation of the Year

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May 23, 2016, 10:39 ET

SOUTHFIELD, Mich., May 23, 2016 /PRNewswire/ -- Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating and electrical systems, today announced that it was recognized by Ford Motor Company as Supplier Diversity Development Corporation of the Year for 2015.

Lear received the award from Ford at their 18th annual World Excellence Awards ceremony held in Dearborn, Michigan. These awards were presented to Ford suppliers who exceed company expectations and distinguish themselves from their peers by achieving the highest levels of global excellence in 11 categories.

The Supplier Diversity Development Corporation of the Year Award honors the supplier that has excelled in integrating diversity into their organization and business process. "Our World Excellence Awards allow us to recognize suppliers who demonstrate a strong commitment to quality, performance and teamwork," said Hau Thai-Tang, Ford group vice president, global purchasing. "These award-winning companies, like Lear, have helped Ford deliver a breakthrough year, and we are thankful they are part of our One Ford team."

Matt Simoncini, Lear's president and CEO accepted the award on behalf of Lear and the Company's 136,000 employees, and commented "Diversity is one of our Core Values, and we are committed to integrating diversity into everything we do. Diversity makes Lear a stronger and better company."

Lear Corporation (NYSE: LEA) is one of the world's leading suppliers of automotive seating and electrical distribution systems. Lear serves every major automaker in the world, and Lear content can be found on more than 350 vehicle nameplates. Lear's world-class products are designed, engineered and manufactured by a diverse team of approximately 136,000 employees located in 36 countries. Lear currently ranks #174 on the Fortune 500. Lear's headquarters are in Southfield, Michigan. Further information about Lear is available at http://www.lear.com or follow us on Twitter @LearCorporation.

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SOURCE Lear Corporation