Matthew J. Simoncini has had a solid career in the automotive industry, highlighted by his time as CEO of Lear Corporation from 2011 to 2018. He earned his Bachelor's in Finance and MBA from the University of Michigan, which gave...
Matthew J. Simoncini has had a solid career in the automotive industry, highlighted by his time as CEO of Lear Corporation from 2011 to 2018. He earned his Bachelor's in Finance and MBA from the University of Michigan, which gave him a firm foundation in business operations. During his 21 years with Lear, he held various important roles, including Chief Financial Officer, where he developed skills in finance and management before stepping into the CEO position. Simoncini's leadership at Lear came during a transformative period, as he successfully guided the company through challenges in a competitive market. After leaving Lear, he joined Cooper-Standard Automotive as President and CEO. His approach to executive compensation has focused on linking pay to company performance, ensuring that top management is incentivized to drive growth. Interestingly, Simoncini has shown active participation in stock trading, making significant transactions in Lear's stock during his tenure, with notable trades in 2021 and 2022. He embodies a practical approach to leadership and financial literacy, mixing solid educational background with real-world experience to steer companies toward success.