Jared Fedele Steps Into CFO Role at Lear Corporation

Cardew will remain in his current capacity through the end of February before transitioning into an executive advisor role for the remainder of the year. His successor, Fedele, enters the position with extensive internal experience, having previously managed Global Financial Planning and Analysis and held various operational finance roles.

Fedele’s background includes a significant focus on international markets, specifically six years of leadership across the Asia Pacific region. His work in China proved instrumental during the company's recent expansion efforts. According to a regulatory filing with the Securities and Exchange Commission, Fedele will receive an annual base salary of $750,000, alongside eligibility for the firm's annual incentive program.