Lear names Jared Fedele CFO from March 2027 as Jason Cardew retires after 34 years
Lear has picked Jared Fedele, a 23-year company veteran, to succeed Jason Cardew as chief financial officer from March 1, 2027, with Cardew retiring after 34 years of service.
- 34 years
- 23 years
- March 1, 2027
- December 31, 2027
What Happened
Lear Corporation said it appointed Jared Fedele as senior vice president and chief financial officer effective March 1, 2027, following a succession-planning process. Fedele succeeds Jason Cardew, who has elected to retire after 34 years of service. Cardew will continue 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.
Lear announces the CFO succession plan and Fedele's appointment.
Jason Cardew's final day as chief financial officer.
Jared Fedele becomes senior vice president and chief financial officer.
Cardew retires from Lear, ending his stint as executive advisor.
Fedele has spent 23 years at Lear, where he led global financial planning and analysis and held senior operational finance roles across the company. He currently serves as vice president of finance for Seating and E-Systems, overseeing finance for both of Lear's operating divisions. His experience includes more than six years of finance leadership in Asia Pacific across two separate assignments, with significant experience in China supporting the company's expansion in the region.
“I want to thank Jason for his exceptional leadership and contributions to Lear. 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.”
“It has been a privilege to serve as CFO of Lear, and I'm incredibly proud of what we have accomplished together. 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.”
- Vice president of finance for Seating and E-Systems, overseeing finance for both operating divisions
- Led global financial planning and analysis
- Held senior operational finance roles across the company
- More than six years of finance leadership in Asia Pacific across two separate assignments
- Significant experience in China supporting the company's expansion in the region
Previously from Lear Corporation
Lear raised its full-year 2026 outlook in late July 2026 after second-quarter sales rose 3% to $6.2 billion and adjusted earnings per share climbed 23% to $4.28. Earlier in the year, the supplier reported first-quarter 2026 earnings per share of $3.34, its highest since 2021, and adjusted earnings per share of $3.87, its highest since 2019.
- Lear Raises Full-Year 2026 Outlook as Q2 Sales Hit $6.2 Billion, Adjusted EPS Jumps 23%
- Lear Reports Highest EPS Since 2021 in Q1 2026, Adjusted EPS Highest Since 2019
Background drawn from MotorClaw's earlier coverage of Lear Corporation's official releases.
Why this matters
A CFO sets how a supplier prices its work, responds to tariffs and reports its results, so this handover matters to Lear's shareholders and to the automakers it serves. CEO Ray Scott said Fedele has led Lear's response to key priorities including tariffs and initiatives to improve profitability and drive value creation. Lear is overlapping the two executives into 2027 to keep continuity on select strategic matters.
Terms in This Story
- CFO
- Chief financial officer, the senior executive responsible for a company's finances, including financial planning, reporting and controls.
- Succession planning
- A formal process for identifying and preparing the people who will step into senior roles when current leaders leave.
- Non-executive capacity
- An advisory role without day-to-day management responsibility or executive authority.
Summarised from the linked release; details can be imperfect — always verify against the original source.