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Get LECO alertsSteven Hedlund is recorded as COO at Lincoln Electric Holdings Inc (LECO). The proxy statement of Lincoln Electric Holdings Inc reports total compensation of $7,356,657 for Steven Hedlund in fiscal 2024, including a base salary of $1,010,000. Disclosed compensation is on record for 3 fiscal years. Steven Hedlund has spoken on 8 earnings calls across 1 company, most recently for Lincoln Electric Holdings Inc on October 27, 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 Steven B. Hedlund (CEO, Chairman, COO and Board Member), Christopher L. Mapes (Chairman and Board Member), Michele R. Kuhrt (CTO) and 7 others.
“Turning to slide three, we reported record third-quarter sales and earnings performance with adjusted EPS increasing 21% to $2.98. Our results highlight two important trends we navigated in the quarter.”
“Turning to slide three, second quarter marked a solid inflection to volume growth in the business after nine quarters of compression, led by strength in the America's welding segment.”
“A reconciliation of non-GAAP measures to the most comparable GAAP measure is found in the financial tables in our earnings release, which again is available in the investor relations section of our website at lincolnelectric.com and with that i'll turn the call over to steve headland steve thank you amanda good…”
“Turning to slide three, I am proud to report record 2025 performance. Despite challenged end markets, our sales increased 6% to a record $4.2 billion from acquisitions and price.”
“Turning to slide three, we reported solid third quarter results this morning. Sales increased 8% driven by pricing, benefits from our M&A strategy, and resilient demand for short cycle portions of our product portfolio in the America's Welding in Harris product group segments.”
Tools & Accessories · Industrials
COO
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) | CEO | $1,010,000 | $7,356,657 |
| 2023 | Lincoln Electric Holdings Inc (LECO) | CEO | $798,833 | $5,333,638 |
| 2022 | Lincoln Electric Holdings Inc (LECO) | CEO | $564,584 | $3,371,704 |
