Jeffrey Vanneste is the new vice president and CFO of Lear

Article by Christian A., on February 21, 2012

Starting March 15, Jeffrey Vanneste will become senior vice president and CFO of Lear Corp. It was just five years ago that Vanneste had left to work for the supplier's former interiors unit. The latest position he held was as executive vice president and CFO of International Automotive Components Group. In 2007 Vanneste entered IAC in 2007 when the company, which was owned by investor Wilbur Ross, acquired the North American interiors division of Lear.

In late 2009, Lear emerged from a four-month bankruptcy but it kept a 23% stake in IAC. Vanneste had served as the vice president of finance for Lear's European operations before it joined IAC. Vanneste is the replacement for interim CFO Jason Cardew. Lear has yet to clarify if Cardew will stay with the company.

Dennis Richardville, the vice president of finance and global corporate controller, was named as the interim CFO of IAC. In a statement, the company said that a search is being conducted to replace Vanneste. Based in Southfield, Mich., Lear is the eighth largest supplier to North America, according to the Automotive News rankings. In 2010, Lear posted sales of $4.1 billion in original equipment parts in North America.

Topics: lear

If you liked the article, share on:

Comments

Recommended

The Insurance Institute for Highway Safety (IIHS) has given its Top Safety Pick+ award to the redesigned version of the 2017 Kia Cadenza. This was a result of excellent a...
by - April 29, 2017
It’s pretty neat if you possess something of an extraordinary breed like, say, the Pagani Huayra. There are after all just a total of 100 units ever been built by...
by - April 28, 2017
If you’ve ever visited an arcade, chances are you have already seen a Logitech G920 wheel. If that doesn’t ring a bell, it’s the steering wheel that you use when...
by - April 28, 2017
Toyota Motor Corporation disclosed that it will be bringing two of its Mirai fuel cell vehicles to China by October of this year. Tests will then be conducted on these...
by - April 28, 2017
Jaguar fans, as well as auto enthusiasts in general, has a reason to celebrate this week as the brand gave everyone a peek of the new 2018 XF Sportbrake. This...
by - April 28, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries