4 Quotes by Bob Rossiter

Lear is pleased with its partnership with Comer Holdings as we share the mutual goal of providing our customer the highest possible level of service and quality. Additionally, this new partnership aims to promote the growth of minority business enterprises and supports the communities where we do business, and we are confident the Indiana work force will help us fulfill those goals.

While we regret having to suspend the dividend program, management is focused on preserving the company's financial flexibility in a very challenging industry environment.

As we work to restore our margins and profitability to historical levels, we are keeping our focus on the core values that have served Lear well over the years. This means running the business with a customer focus and continuously improving quality and service levels. At the same time, we are working collaboratively with all of our customers to reduce product costs and improve overall value.

Investors can be assured that the company is financially sound and focused on improving our longer-term operating performance.