Lear Announces CFO Succession Plan
Key Highlights
- ➤Jared Fedele appointed CFO effective March 1, 2027
- ➤Jason Cardew to retire December 31, 2027, after 34 years
- ➤Cardew remains CFO through February 28, 2027, then advises management
- ➤Fedele brings 23 years with Lear and finance leadership across Seating and E-Systems
Expert Statements
Ray Scott, President and CEO of Lear
“I want to thank Jason for his exceptional leadership and contributions to Lear”
Jason Cardew, CFO of Lear
“It has been a privilege to serve as CFO of Lear, and I'm incredibly proud of what we have accomplished together”
Jason Cardew, CFO of Lear
“I've worked closely with Jared for many years, and I am confident that he has the experience, judgment and deep understanding of our business to lead our Finance organization forward. I look forward to supporting him through a smooth transition.”
Ray Scott, President and CEO of Lear
“As a Lear veteran with broad experience across our businesses, Jared is well prepared to lead our Finance organization as we continue to execute our strategy”
Ray Scott, President and CEO of Lear
“His appointment reflects the depth of leadership talent we have developed across Lear and his readiness to assume this important role. He is a proven leader with a deep understanding of our business and financial strategy and has led our response to key priorities, including tariffs and initiatives to improve profitability and drive value creation. I am confident Jared will provide strong leadership as we continue to strengthen our financial performance and create long-term value for our shareholders.”
Jared Fedele, Senior Vice President and CFO-designate of Lear
“I'm honored to take on this role and build on the strong foundation Jason has established at Lear”
Jared Fedele, Senior Vice President and CFO-designate of Lear
“Lear has tremendous opportunities ahead as we continue to invest in innovation, strengthen our competitiveness and grow with our global customers. I look forward to working with the team in this new role to advance our strategic priorities.”
SOUTHFIELD, Mich., Oct. 19, 2026 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has appointed Jared Fedele to the position of Senior Vice President and Chief Financial Officer, effective March 1, 2027, following a robust succession-planning process. Fedele will succeed Jason Cardew, who has elected to retire after 34 years of service. Cardew will continue to serve as Chief Financial Officer through February 28, 2027. He will then serve in a non-executive capacity as Executive Advisor to Lear's senior management team through December 31, 2027, supporting an orderly transition and providing continuity on select strategic matters.
"I want to thank Jason for his exceptional leadership and contributions to Lear," said Ray Scott, president and CEO. "Throughout his tenure as CFO, Jason has been a trusted partner who brought vision and rigor to our financial strategy and processes, built a strong global Finance organization and played an important role in positioning Lear for continued profitable growth."
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