Statement by Matt Simoncini on Detroit Public Schools

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May 09, 2016, 02:20 ET

SOUTHFIELD, Mich., May 9, 2016 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today released the following statement from Matt Simoncini, President and CEO:

"I fully support the Detroit Public School Reform Package that was passed by the Michigan State Senate and is supported by the Michigan Governor and the Mayor of Detroit as well as the Business Leaders of Michigan. This Senate Bill is consistent with the recommendations of the Coalition for the Future of Detroit Schoolchildren. This coalition consisted of a broad cross-section of business and community leaders. I believe it is important that we support this bi-partisan effort. A strong and sustainable school system in Detroit is key for future business and economic development in this state," said Matt Simoncini, Lear's president and chief executive officer.

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.

SOURCE Lear Corporation