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Get LECO alertsSteven B. Hedlund is recorded as Chairman at Lincoln Electric Holdings Inc (LECO) since January 1, 2025, Board Member and CEO at Lincoln Electric Holdings Inc (LECO) since January 1, 2024 and COO at Lincoln Electric Holdings Inc (LECO) since May 9, 2022. Lincoln Electric Holdings Inc reported in an 8-K filed October 10, 2024 that Steven B. Hedlund was appointed Chair of the Board, effective January 1, 2025. Lincoln Electric Holdings Inc reported in an 8-K filed July 27, 2023 that Steven B. Hedlund was appointed member of the Board, effective January 1, 2024. Lincoln Electric Holdings Inc reported in an 8-K filed July 27, 2023 that Steven B. Hedlund was appointed President and Chief Executive Officer, effective January 1, 2024. The proxy statement of Lincoln Electric Holdings Inc reports total compensation of $7,356,657 for Steven B. Hedlund in fiscal 2024, including a base salary of $1,010,000. Disclosed compensation is on record for 3 fiscal years. Steven B. Hedlund has spoken on 1 earnings call and 1 other investor event across 1 company, most recently for Lincoln Electric Holdings Inc on April 17, 2026. Lincoln Electric Holdings Inc is classified in the Tools & Accessories industry within the Industrials sector. Other leadership on record at Lincoln Electric Holdings Inc includes Christopher L. Mapes (Chairman and Board Member), Michele R. Kuhrt (CTO), Jennifer I. Ansberry (General Counsel) and 7 others.
“The Board has elected Steven B. Hedlund, currently President and Chief Executive Officer and a Director, as Chair of the Board, effective as of January 1, 2025.”
“the Board approved the appointment of Mr. Hedlund as a member of the Board, effective as of the Transition Date.”
“I would like to call the meeting to order. Good morning and welcome to the 2026 Annual Meeting of Shareholders of Lincoln Electric Holdings, Inc. I'm Steve Hedlund, Chairman and Chief Executive Officer of Lincoln Electric and Chairman of this meeting.”
“Turning to slide three, I am pleased to report strong second quarter results. Our 7% sales growth reflected diligent price management, benefits from our M&A strategy, and improved volume performance from the America's Welding and Harris Products Group segment.”
2025-01-01–present
2024-01-01–present
2024-01-01–present
2022-05-09–present
Tools & Accessories · Industrials
Chairman, Board Member, CEO, COO
2022-05-09–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2024 | Lincoln Electric Holdings Inc (LECO) | Chair, President and Chief Executive Officer | $1,010,000 | $7,356,657 |
| 2023 | Lincoln Electric Holdings Inc (LECO) | Chair, President and Chief Executive Officer | $798,833 | $5,333,638 |
| 2022 | Lincoln Electric Holdings Inc (LECO) | Chair, President and Chief Executive Officer | $564,584 | $3,371,704 |
