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Last updated: 20 May 2024 at 12:45pm EST

Mei-Wei Cheng Net Worth




The estimated Net Worth of Mei Wei Cheng is at least $500 Thousand dollars as of 20 February 2024. Mr. Cheng owns over 411 units of Lear stock worth over $147,181 and over the last 16 years he sold LEA stock worth over $24,842. In addition, he makes $328,241 as Independent Director at Lear.

Mr. Cheng LEA stock SEC Form 4 insiders trading

Mei has made over 6 trades of the Lear stock since 2008, according to the Form 4 filled with the SEC. Most recently he exercised 411 units of LEA stock worth $42,510 on 20 February 2024.

The largest trade he's ever made was buying 50,000 units of Lear stock on 22 August 2008 worth over $223,500. On average, Mei trades about 2,310 units every 218 days since 2008. As of 20 February 2024 he still owns at least 1,423 units of Lear stock.

You can see the complete history of Mr. Cheng stock trades at the bottom of the page.





Mei-Wei Cheng biography

Mei-Wei Cheng serves as Independent Director of the Company. Mr. Cheng has been a director of the Company since January 2019. Additionally, Mr. Cheng is a member of the Board of Directors of NIU Technologies. Mr. Cheng also serves as the Non-Executive Chairman of both HCP Packaging and Interplex Holdings Pte. Ltd., both Baring Private Equity Asia portfolio companies, roles he has held since August 2018 and September 2019, respectively. Mr. Cheng has served as an Advisory Board member of (i) CareSyntax, a technology and services platform for hospitals, since May 2018 and (ii) Lumileds, a lighting company, since April 2018. Additionally, Mr. Cheng is a Senior Advisor of Iconiq Motors, a new energy vehicle company, a position he has held since September 2017, and a Senior Venture Partner of Fontinalis Capital Partners II, a position he has held since December 2014. He is also a member of Cornell Engineering College Advisory Council, Cornell China Advisory Board and Dartmouth Tuck Asia Advisory Board. From July 2012 to October 2018, Mr. Cheng served as a member of the Audit and Finance Committee of the Board of Directors for Seagate Technology (Nasdaq: STX), a data storage company. From February 2015 to January 2017, Mr. Cheng served as the Chairman of the Board of Directors of Pactera Technology International Ltd., a portfolio company of Blackstone Group. Mr. Cheng also served as a member of the Audit Committee of the Board of Directors of Diebold Nixdorf, Inc. (NYSE: DBD) from 2009 to 2013. From July 2010 to April 2014, Mr. Cheng served as the Chief Executive Officer of Siemens Northeast Asia and as President and Chief Executive Officer of Siemens China. Prior to joining Siemens, Mr. Cheng served as the Chairman and Chief Executive Officer of Ford Motor (China) Ltd. and as Group Vice President of Ford Motor Company from 2009 to 2010. Before joining Ford, Mr. Cheng held various senior executive positions at General Electric Corporation and AT&T. Mr. Cheng earned a bachelor’s degree in industrial engineering

What is the salary of Mei Cheng?

As the Independent Director of Lear, the total compensation of Mei Cheng at Lear is $328,241. There are 10 executives at Lear getting paid more, with Raymond Scott having the highest compensation of $13,718,300.



How old is Mei Cheng?

Mei Cheng is 70, he's been the Independent Director of Lear since 2019. There are no older and 25 younger executives at Lear.

What's Mei Cheng's mailing address?

Mei's mailing address filed with the SEC is 21557 TELEGRAPH, , SOUTHFIELD, MI, 48033.

Insiders trading at Lear

Over the last 21 years, insiders at Lear have traded over $232,578,504 worth of Lear stock and bought 385,487 units worth $1,411,662 . The most active insiders traders include James A Stern, Carl C Et Alhigh River Limi..., and Richard F Wallman. On average, Lear executives and independent directors trade stock every 16 days with the average trade being worth of $2,775,751. The most recent stock trade was executed by Kathleen Ligocki on 1 July 2024, trading 53 units of LEA stock currently worth $5,482.



What does Lear do?

lear corporation is a leading global tier 1 automotive supplier that serves all of the world’s major automakers with content on more than 300 vehicle nameplates worldwide. lear is one of the world's largest suppliers of automotive seating and electrical distribution systems. lear provides complete seating systems and components, as well as both traditional and high voltage/high power electronic products and electrical distribution systems and components. with facilities in 35 countries on six continents, lear operates in every major auto producing region of the world. achieving $17.7 billion in 2014 sales, lear ranks #174 among the fortune 500. headquartered in southfield, michigan, lear's world-class products are designed, engineered and manufactured by a diverse team of more than 135,000 employees. lear shares are traded on the new york stock exchange under the symbol [lea].



What does Lear's logo look like?

Lear Corp. logo

Complete history of Mr. Cheng stock trades at Seagate Technology Plc, Diebold Nixdorf Inc, Ford Motor Co, and Lear

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
20 Feb 2024 LEA Lear Corp. Mei Wei Cheng
Option 411 $136.11 $55,941
20 Feb 2024
1,423 ↗
20 Feb 2023 LEA Lear Corp. Mei Wei Cheng
Option 412 $143.74 $59,221
20 Feb 2023
1,012 ↗
20 Feb 2022 LEA Lear Corp. Mei Wei Cheng
Option 237 $171.77 $40,709
20 Feb 2022
600 ↗
18 Oct 2018 STX Seagate Technology Holdings Plc Mei Wei Cheng
Director
 Option 8,094 $43.76 $354,193
18 Oct 2018
24,256 ↗
24 Oct 2012 STX Seagate Technology Holdings Plc Mei Wei Cheng
Director
 Sale 903 $27.51 $24,842
24 Oct 2012
9,189 ↗
22 Aug 2008 F Ford Motor Co. Mei Wei Cheng
Group Vice President
 Buy 50,000 $4.47 $223,500
22 Aug 2008
144,542 ↗


Lear executives and stock owners

Lear executives and other stock owners filed with the SEC include: