Lincoln Electric Holdings, Inc. (LNE.F)

224.00 +4.00 (+1.82%) At close: 03:50PM CEST

Lincoln Electric Holdings, Inc.

22801 St. Clair Avenue
Cleveland, OH 44117
United States
216 481 8100
https://www.lincolnelectric.com

Sector(s): Industrials
Industry: Tools & Accessories
Full-time employees: 12,000

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christopher L. Mapes	Executive Chairman	3.95M	19.23M	1962
Mr. Steven B. Hedlund	President, CEO & Director	2.71M	2.25M	1967
Mr. Gabriel Bruno	Executive VP, CFO & Treasurer	1.61M	N/A	1968
Ms. Jennifer I. Ansberry	Executive VP, General Counsel & Secretary	1.28M	922.59k	1974
Ms. Michele R. Kuhrt	Executive VP & Chief Transformation Officer	1.23M	763.4k	1967
Ms. Lisa A. Dietrich	Executive VP & Chief Information Officer	N/A	N/A	1973
Ms. Amanda H. Butler	Vice President of Investor Relations & Communications	N/A	N/A	N/A
Ms. Susan C. Edwards	Senior VP & Chief Human Resources Officer	N/A	N/A	1963
Mr. Michael J. Whitehead	Senior VP and President of Global Automation, Cutting & Additive Businesses	N/A	N/A	1974
Mr. Douglas S. Lance	Senior VP & President of North America – Americas Welding	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers brazing and soldering filler metals, arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, welding accessories, and specialty gas regulators, and education solutions, as well as a portfolio of automated solutions for joining, cutting, material handling, module assembly, and end of line testing, as well as involved in brazing and soldering alloys, and in the retail business in the United States. In addition, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico; provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products used in mining, steel, agricultural, and industrial mill applications; and designs and manufactures robotic assembly and arc welding systems that automate the tacking and welding of steel beams. Further, the company serves general fabrication, oil and gas, power generation, process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

Corporate governance

Lincoln Electric Holdings, Inc.’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 7; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.