8/14/2019

Lear Taps Aerospace Exec to Head E-Systems Unit

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Lear Corp. has appointed Carl Esposito, who most recently lead the electronics arm of Honeywell International Inc.’s aerospace business, as president of Lear’s E-Systems division, effective Sept. 3.

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Lear Corp. has appointed Carl Esposito, who most recently lead the electronics arm of Honeywell International Inc.’s aerospace business, to senior vice president and president of Lear’s E-Systems division, effective Sept. 3.

Esposito succeeds Jeneanne Hanley, who left Lear earlier this year after a 25-year career with the company. She had headed Lear’s E-Systems unit since March 2018.

During his 13-year career at Honeywell, Esposito held various positions in the U.S. and Europe, including stints in global sales and marketing, engineering, program management and product management and strategy. Lear has collaborated with Honeywell on software and connectivity systems for the last two years.

Esposito has an undergraduate degree in electrical engineering from Rensselaer Polytechnic Institute and an MBA from the Keller Graduate School of Management.

Lear formed E-Systems three years ago, combining its electrical operations with emerging connectivity, software and data services. After initial double-digit growth, E-Systems’ sales margin fell to 8% in the second quarter as growth in China stalled and market conditions softened elsewhere.