2020 ALL STAR | CEO, GLOBAL SUPPLIER
As CEO of Lear Corp., Ray Scott has had to navigate the same challenges most parts makers have these days: preparing for changing trends in the future of mobility, attracting enough talent and remaining above water throughout the pandemic.
What separated Scott’s leadership from the efforts of other executives during the pandemic was his role in leading the seating and electronics systems supplier in releasing a Safe Work Playbook.
The 51-page guide, published in April, was created as a blueprint for manufacturers and parts makers to look to after the coronavirus forced several weekslong shutdowns.
It detailed everything from social distancing measures to protocols necessary to restart production given the pandemic. The second iteration of the book, more than 80 pages long and released just weeks later, included additional guidelines, employee sentiment measures and facility audits.
Under Scott, 55, who has been in his role since March 2018, Lear managed to churn a profit in the first quarter this year, despite the significant impact on production.
The company also produced strong third-quarter results even as the pandemic continued to wreak havoc on the supply chain.
That’s not to say there haven’t been missteps along the way. Lear’s sales in 2019 dropped to $19.8 billion from $21.1 billion the year before. Lear also had challenges in Mexico this year, with several employees succumbing to COVID-19.
Scott doesn’t take this lightly.
“We have to be mindful of how things may look when we do emerge and this is behind us,” Scott told Automotive News in April.