UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): MAY 16, 2002 LEAR CORPORATION SALARIED RETIREMENT SAVINGS PLAN LEAR CORPORATION HOURLY RETIREMENT SAVINGS PLAN LEAR CORPORATION HOURLY 401(k) SAVINGS PLAN (Exact name of Registrant as specified in its charter) DELAWARE 1-11311 13-3386776 (State or other (Commission File Number) (IRS Employer jurisdiction of Identification incorporation) Number) 21557 TELEGRAPH ROAD, SOUTHFIELD, MICHIGAN 48034 (Address of principal executive offices) (Zip Code) (248) 447-1500 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report)
ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT On May 16, 2002, Lear Corporation (the "Company"), as the Plan Administrator of the Lear Corporation Salaried Retirement Savings Plan, the Lear Corporation Hourly Retirement Savings Plan and the Lear Corporation Hourly 401(k) Savings Plan (each a "Plan" and collectively, the "Plans"), decided to no longer engage Arthur Andersen LLP ("Arthur Andersen" or "AA") as the independent public accountants for each Plan and engage PricewaterhouseCoopers LLP ("PWC") to serve as the independent public accountants for each Plan for the fiscal year ended December 31, 2001. Arthur Andersen's reports on the Plans' financial statements for each of the years ended December 31, 2000 and 1999 did not contain an adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles. During the years ended December 31, 2000 and 1999 and through May 16, 2002, there were no disagreements with Arthur Andersen on any matter of accounting principle or practice, financial statement disclosure or auditing scope or procedure which, if not resolved to AA's satisfaction, would have caused them to make reference to the subject matter in connection with their report on the Plans' financial statements for such years; and there were no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K. The Company provided Arthur Andersen with a copy of the foregoing disclosures. Attached as Exhibit 16.1 is a copy of AA's letter, dated May 21, 2002, stating its agreement with such statements. During the years ended December 31, 2000 and 1999 and through the date of the Company's decision, the Company did not consult PWC with respect to the application of accounting principles to a Plan specified transaction, either completed or proposed, the type of audit opinion that might be rendered on the Plans' financial statements or any other matters or reportable events as set forth in Items 304(a)(2)(i) and (ii) of Regulation S-K. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits Exhibit 16.1 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated May 21, 2002, filed herewith.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LEAR CORPORATION SALARIED RETIREMENT SAVINGS PLAN LEAR CORPORATION HOURLY RETIREMENT SAVINGS PLAN LEAR CORPORATION HOURLY 401(k) SAVINGS PLAN BY: LEAR CORPORATION, AS PLAN ADMINISTRATOR OF THE FOREGOING PLANS Date: May 23, 2002 By: /s/ Joseph F. McCarthy ----------------------------------------- Name: Joseph F. McCarthy Title: Vice President, Secretary and General Counsel EXHIBIT INDEX Exhibit Number Description 16.1 Letter from Arthur Andersen LLP to the Securities and Exchange Commission dated May 21, 2002.
EXHIBIT 16.1 Office of the Chief Accountant Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 May 21, 2002 Dear Sir/Madam: We have read the first four paragraphs in Item 4 included in the Form 8-K dated May 16, 2002, of the Lear Corporation Salaried Retirement Savings Plan, the Lear Corporation Hourly Retirement Savings Plan and the Lear Corporation Hourly 401(k) Savings Plan to be filed with the Securities and Exchange Commission and are in agreement with the statements contained therein. Very truly yours, /s/ Arthur Andersen LLP - ------------------------------------ Arthur Andersen LLP cc: David C. Wajsgras Senior Vice President and Chief Financial Officer Lear Corporation