Lear Corporation Sets CFO Succession Plan as Jared Fedele Named to Role for 2027
Lear Corporation (LEA) has appointed Jared Fedele as its next chief financial officer, effective March 1, 2027. Current CFO Jason Cardew will remain in his role through February 28, 2027, before becoming an executive advisor through December 31, 2027, when he will officially retire.
The advance disclosure establishes an extended transition period aimed at maintaining executive continuity. By keeping Cardew in an advisory position following his stint as CFO, the company intends to ensure an orderly handover of leadership and strategic operations.
Investors will be watching for any future updates regarding capital allocation or operational strategy leading up to the leadership change. Shares of Lear Corporation were trading at $119.80, down 0.21% on the day.
Key points
- Jared Fedele will assume the CFO position at Lear Corporation on March 1, 2027.
- Jason Cardew will remain as CFO through February 28, 2027.
- Cardew will serve as Executive Advisor until his retirement on December 31, 2027.
- Lear Corporation shares were trading at $119.80, down 0.21% today.
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How we writeDisclaimerQuestions and answers
When does Jared Fedele become CFO of Lear Corporation?
Jared Fedele will officially take over as CFO on March 1, 2027.
What is the timeline for Jason Cardew's retirement from Lear Corporation?
Jason Cardew will serve as CFO through February 28, 2027, and as Executive Advisor through December 31, 2027, when he will retire.