Robert E. Rossiter has been a significant figure at Lear Corporation, holding roles like CEO and President since 2007. He has a solid educational background with a degree in Business Administration from the prestigious University of Michigan. His career at...

Current Market Cap

$5.23B

Number of Employees

186.6K

Total Compensation

2007 - 2011

Trending down by -54.51% last year
Showing total compensation for the last 2007 - 2011

Stock

Down by -53.73% last year

Salary

Up by 2.07% last year

Bonus

Down by -100.00% last year

Other

Up by 228.90% last year

Year

2011

Total Compensation

$10.88M

Salary

$1.32M

Board Justification

The compensation philosophy is designed to link executive pay to company performance, with a significant portion of compensation being performance-based.

Bonus

$0.00

Board Justification

No bonus was awarded for 2011 as he resigned as CEO on September 1, 2011.

Other

$681.95K

Board Justification

Includes matching contributions to retirement plans, imputed income from life insurance, and a perquisite allowance.

Restricted Stock

$8.88M(184.33K RSU)

Board Justification

This amount reflects vested RSUs that were granted on November 9, 2009 pursuant to the LTSIP and includes total dividend equivalents of $42,562.

Performance Metrics

The performance metrics for determining compensation included Adjusted Operating Income and Free Cash Flow.

SEC Filing

From April 4, 2012

Robert E. Rossiter

Ex-CEO of Lear Corporation

RE

Education

Bachelor's degree in Business Administration from the University of Michigan.

Field of Expertise

Business & Management

Born

September 18, 1946 - 78 years ago

Is Founder?

No

Tenure

6 years 9 months (Jan 2005 - Oct 2011)

Previous Experience

Chairman and Chief Executive Officer of Lear Corporation since 2005. Previously held various management positions at Lear and other automotive companies.

View Holdings

Insider Holdings of Robert E. Rossiter

LEA

$23.36M

-$10.54M (-31.08%)

Last Insider Trade

LEA

$437.36K

LEA at $48.10/share

Jun 9, 2011

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