UPDATED: 11/16/17 7:53 am ET - adds details

Lear CEO Simoncini resigns; seating boss Ray Scott is successor

Lear CEO Matt Simoncini is stepping down, effective Feb. 28, ending a six-year run in the company's top job. Ray Scott, president of the supplier's seating unit, will replace Simoncini.

Sign up for our insightfull look at F&I, every Wednesday

Have 5 minutes? Catch up on what you want to know twice each day.

Newsletters