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Lincoln Electric Holdings, Inc. (LECO)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
148.95+0.66 (+0.45%)
At close: 01:00PM EST
148.95 -0.12 (-0.08%)
After hours: 01:18PM EST
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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 Employees11,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher L. MapesChairman, Pres & CEO3.81M8.36M1962
Mr. Gabriel BrunoExec. VP, CFO & Treasurer1.26MN/A1968
Mr. Steven B. HedlundExec. VP & COO1.32MN/A1967
Ms. Jennifer I. AnsberryExec. VP, Gen. Counsel & Sec.1.07M629.75k1974
Ms. Michele R. KuhrtExec. VP & Chief HR Officer1.07M180.7k1967
Ms. Lisa A. DietrichExec. VP & Chief Information OfficerN/AN/AN/A
Ms. Amanda H. ButlerVP of Investor Relations & CommunicationsN/AN/AN/A
Mr. Michael S. MintunSr. VP of SalesN/AN/A1963
Mr. Michael J. WhiteheadSr. VP and Pres of Global Automation, Cutting & Additive Bus.esN/AN/A1974
Mr. Thomas A. FlohnSr. VP & Pres of International WeldingN/AN/A1961
Amounts are as of December 31, 2021 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 welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, 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. The company serves general fabrication, energy and 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 October 1, 2022 is 3. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 7; Compensation: 1.

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.
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