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Lincoln Electric Holdings, Inc. (LECO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
248.93+0.52 (+0.21%)
At close: 04:00PM EDT
248.93 0.00 (0.00%)
After hours: 04:20PM EDT
  • Dividend

    LECO announced a cash dividend of 0.71 with an ex-date of Mar. 27, 2024

Lincoln Electric Holdings, Inc.

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

Sector(s)Industrials
IndustryTools & Accessories
Full Time Employees12,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher L. MapesExecutive Chairman4.41MN/A1962
Mr. Steven B. HedlundPresident, CEO & Director2.07M495k1967
Mr. Gabriel BrunoExecutive VP, CFO & Treasurer1.63M1.21M1968
Ms. Jennifer I. AnsberryExecutive VP, General Counsel & Secretary1.25M536k1974
Ms. Michele R. KuhrtExecutive VP & Chief Human Resources Officer1.4M208.59k1967
Ms. Lisa A. DietrichExecutive VP & Chief Information OfficerN/AN/A1973
Ms. Amanda H. ButlerVice President of Investor Relations & CommunicationsN/AN/AN/A
Mr. Michael J. WhiteheadSenior VP and President of Global Automation, Cutting & Additive BusinessesN/AN/A1974
Mr. Douglas S. LanceSenior VP & President of North America – Americas WeldingN/AN/A1969
Mr. Geoffrey P. AllmanSenior Vice President of Strategy & Business DevelopmentN/AN/A1971
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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 March 1, 2024 is 3. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 7; Compensation: 2.

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 a 10 indicates higher governance risk.