Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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Raymond E.  Scott net worth and biography

Raymond Scott Biography and Net Worth

CEO of Lear

Ray Scott is president and chief executive officer of Lear Corporation. He is responsible for the strategic direction and operational leadership of the company.

Mr. Scott started his career at Lear in 1988. He held various positions of increasing responsibility in program management and sales before becoming senior vice president in 2009, and then president of Lear’s global Electrical Power Management Systems division—now referred to as E-Systems. In 2011, he became executive vice president and then president of the global Seating division. As president of Seating, Mr. Scott was responsible for developing and leading global initiatives to grow and diversify sales, accelerate innovation efforts, improve financial results and sustain world-class competitiveness in the Seating business.

In addition to serving as president of both the Seating and E-Systems business segments at Lear, Mr. Scott has held other executive positions in both Europe and the U.S. These positions include president of Lear's North American Seating Systems, president of Lear's European Customer-Focused division, president of the General Motors and Fiat Customer-Focused divisions, vice president and general manager of Lear GM-Europe, vice president of Operations for Lear-Saab, and sales director for Lear's GM division.

Mr. Scott holds a Bachelor of Science degree in Economics from the University of Michigan and a Master of Business Administration degree from Michigan State University's Advanced Management Program. He also attended executive education programs at Stanford University and the Wharton School of Business at the University of Pennsylvania.

Mr. Scott serves on the Detroit Regional Partnership board, the Detroit Economic Club board, the Pope Francis Center board, the Board of Trustees for Kettering University in Flint, MI, and the Michigan State University Eli Broad College of Business Alumni Board. He is also a member of the Business Leaders of Michigan.

What is Raymond E. Scott's net worth?

The estimated net worth of Raymond E. Scott is at least $1.84 million as of February 9th, 2024. Mr. Scott owns 13,627 shares of Lear stock worth more than $1,842,984 as of February 23rd. This net worth estimate does not reflect any other assets that Mr. Scott may own. Additionally, Mr. Scott receives an annual salary of $4,260,000.00 as CEO at Lear. Learn More about Raymond E. Scott's net worth.

How old is Raymond E. Scott?

Mr. Scott is currently 59 years old. There are 6 older executives and no younger executives at Lear. Learn More on Raymond E. Scott's age.

What is Raymond E. Scott's salary?

As the CEO of Lear Co., Mr. Scott earns $4,260,000.00 per year. Learn More on Raymond E. Scott's salary.

How do I contact Raymond E. Scott?

The corporate mailing address for Mr. Scott and other Lear executives is 21557 TELEGRAPH ROAD, SOUTHFIELD MI, 48033. Lear can also be reached via phone at (248) 447-1500. Learn More on Raymond E. Scott's contact information.

Has Raymond E. Scott been buying or selling shares of Lear?

Within the last three months, Raymond E. Scott has sold $1,817,893.74 in Lear stock. Most recently, Raymond E. Scott sold 10,652 shares of the business's stock in a transaction on Friday, February 9th. The shares were sold at an average price of $132.86, for a transaction totalling $1,415,224.72. Following the completion of the sale, the chief executive officer now directly owns 13,627 shares of the company's stock, valued at $1,810,483.22. Learn More on Raymond E. Scott's trading history.

Who are Lear's active insiders?

Lear's insider roster includes Jason Cardew (CFO), Alicia Davis (SVP), Thomas DiDonato (SVP), Carl Esposito (SVP), Jonathan Foster (Director), Conrad Mallett, Jr. (Director), Frank Orsini (EVP), Raymond Scott (CEO), Greg Smith (Director), and Marianne Vidershain (VP). Learn More on Lear's active insiders.

Are insiders buying or selling shares of Lear?

In the last twelve months, insiders at the auto parts company sold shares 11 times. They sold a total of 78,962 shares worth more than $11,355,227.17. The most recent insider tranaction occured on February, 9th when CEO Raymond E Scott sold 10,652 shares worth more than $1,415,224.72. Insiders at Lear own 0.8% of the company. Learn More about insider trades at Lear.

Information on this page was last updated on 2/9/2024.

Raymond E. Scott Insider Trading History at Lear

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/9/2024Sell10,652$132.86$1,415,224.7213,627View SEC Filing Icon  
1/8/2024Sell2,977$135.26$402,669.022,976View SEC Filing Icon  
6/16/2023Sell16,740$142.80$2,390,472.00View SEC Filing Icon  
3/9/2023Sell11,260$138.50$1,559,510.0016,740View SEC Filing Icon  
2/10/2023Sell11,261$137.39$1,547,148.7928,000View SEC Filing Icon  
12/15/2022Sell6,142$127.59$783,657.7816,740View SEC Filing Icon  
12/2/2022Sell500$138.45$69,225.0022,882View SEC Filing Icon  
11/15/2022Sell6,143$149.43$917,948.4923,382View SEC Filing Icon  
10/17/2022Sell6,143$125.31$769,779.3329,525View SEC Filing Icon  
9/15/2022Sell6,143$136.30$837,290.9035,668View SEC Filing Icon  
8/15/2022Sell6,143$150.51$924,582.9341,811View SEC Filing Icon  
7/15/2022Sell6,143$127.83$785,259.6947,954View SEC Filing Icon  
6/27/2022Sell6,143$134.92$828,813.5654,097View SEC Filing Icon  
5/24/2022Sell4,000$131.38$525,520.0060,240View SEC Filing Icon  
3/10/2021Sell10,000$185.22$1,852,200.0034,395View SEC Filing Icon  
2/16/2018Sell11,472$190.16$2,181,515.5223,597View SEC Filing Icon  
5/20/2013Sell3,586$60.89$218,351.54View SEC Filing Icon  
See Full Table

Raymond E. Scott Buying and Selling Activity at Lear

This chart shows Raymond E Scott's buying and selling at Lear by year and by quarter.

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Lear Company Overview

Lear logo
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, keyseat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage switching and power control systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+, INTUTM, LEAR CONNEXUSTM, EXO, JOURNEYWARE, ProTec, SMART JUNCTION BOX, STRUCSURE, AVENTINO, and TeXstyle brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
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Today's Range

Now: $135.25
Low: $134.62
High: $136.50

50 Day Range

MA: $135.66
Low: $130.21
High: $141.85

2 Week Range

Now: $135.25
Low: $117.79
High: $157.90

Volume

369,775 shs

Average Volume

534,564 shs

Market Capitalization

$7.71 billion

P/E Ratio

13.97

Dividend Yield

2.28%

Beta

1.53
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Full details and steps to take here.