LECO · Lincoln Electric Holdings Inc · Executive Compensation

$272.13 -7.20 (-2.58%) At close · Nov 5 Play latest call Q3 2026 earnings call transcript

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$15.13B

54.16M

Volume · Nov 5 566.6K Avg daily vol (3M) 412.92K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Steven B. Hedlund	Chair, President and Chief Executive Officer	$1,010,000	—	$3,306,208	$1,595,709	$975,357	$469,383	$7,356,657
Steven Hedlund	CEO	$1,010,000	—	$3,306,208	$1,595,709	$975,357	$469,383	$7,356,657
Christopher L. Mapes	Executive Chair (Retired)	$553,800	—	$3,897,502	$1,881,054	$490,232	$226,609	$7,126,026
Christopher Mapes	—	$553,800	—	$3,897,502	$1,881,054	$490,232	$226,609	$7,126,026
Gabriel Bruno	Executive Vice President, Chief Financial Officer and Treasurer	$580,000	—	$932,634	$450,026	$386,280	$203,515	$2,553,046
Jennifer I. Ansberry	Executive Vice President, General Counsel and Secretary	$505,000	—	$552,764	$266,680	$302,697	$167,920	$1,795,061
Michele R. Kuhrt	Executive Vice President, Chief Transformation Officer	$468,000	—	$397,160	$191,686	$262,857	$153,230	$1,472,933

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Mapes	—	$1,107,600	—	$4,196,532	$2,068,853	$2,777,943	$320,347	$10,609,670
Christopher L. Mapes	Executive Chair (Retired)	$1,107,600	—	$4,196,532	$2,068,853	$2,777,943	$320,347	$10,609,670
Steven Hedlund	CEO	$798,833	—	$1,469,165	$980,006	$1,890,704	$194,930	$5,333,638
Steven B. Hedlund	Chair, President and Chief Executive Officer	$798,833	—	$1,469,165	$980,006	$1,890,704	$194,930	$5,333,638
Gabriel Bruno	Executive Vice President, Chief Financial Officer and Treasurer	$540,000	—	$852,046	$420,001	$979,026	$197,964	$2,989,715
Jennifer I. Ansberry	Executive Vice President, General Counsel and Secretary	$468,000	—	$524,038	$258,324	$731,351	$158,939	$2,140,652
Michele R. Kuhrt	Executive Vice President, Chief Transformation Officer	$451,000	—	$380,096	$187,330	$689,797	$170,874	$1,879,097

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Christopher Mapes	—	$1,065,000	—	$3,672,156	$1,833,338	$3,088,500	$252,107	$10,096,478
Christopher L. Mapes	Executive Chair (Retired)	$1,065,000	—	$3,672,156	$1,833,338	$3,088,500	$252,107	$10,096,478
Steven Hedlund	CEO	$564,584	—	$962,817	$340,000	$1,317,851	$186,452	$3,371,704
Steven B. Hedlund	Chair, President and Chief Executive Officer	$564,584	—	$962,817	$340,000	$1,317,851	$186,452	$3,371,704
Gabriel Bruno	Executive Vice President, Chief Financial Officer and Treasurer	$500,000	—	$759,474	$379,178	$975,000	$159,464	$2,773,759
Jennifer I. Ansberry	Executive Vice President, General Counsel and Secretary	$432,500	—	$463,212	$231,242	$684,000	$130,901	$1,941,855
Michele R. Kuhrt	Executive Vice President, Chief Transformation Officer	$438,000	—	$333,902	$166,665	$830,000	$131,282	$1,899,849

Executive changes

Person	Role	Change	Effective	Filed
Michael J. Whitehead	Executive Vice President, President of Americas Welding	Resigned	2026-08-28	2026-08-11
Michele R. Kuhrt	Executive Vice President, Chief Transformation Officer	Retired	2025-08-31	2025-02-24
N. Joy Falotico	Director	Appointed	2025-02-19	2025-02-24
Kellye I. Walker	Director	Resigned	—	2025-02-24
Steven B. Hedlund	Chair of the Board	Appointed	2025-01-01	2024-10-10
Christopher L. Mapes	Executive Chair of the Board of Directors	Retired	2024-12-31	2024-10-10
Michele R. Kuhrt	Executive Vice President, Chief Transformation Officer	Appointed	2024-04-08	2024-04-03
Marc A. Howze	Director	Appointed	2023-10-17	2023-10-18
Steven B. Hedlund	member of the Board	Appointed	2024-01-01	2023-07-27
Steven B. Hedlund	President and Chief Executive Officer	Appointed	2024-01-01	2023-07-27
Christopher L. Mapes	Executive Chairman of the Board	Appointed	2024-01-01	2023-07-27
Christopher L. Mapes	President and Chief Executive Officer	Retired	2023-12-31	2023-07-27
Bonnie J. Fetch	Director	Appointed	2023-07-20	2023-07-21

Leadership

Steven B. Hedlund CEO, Chairman, COO, Board Member
Christopher L. Mapes Chairman, Board Member
Michele R. Kuhrt CTO
Jennifer I. Ansberry General Counsel
Ben P. Patel Board Member
Bonnie J. Fetch Board Member
Brian D. Chambers Board Member
Curtis E. Espeland Board Member
Hellene S. Runtagh Board Member
Kathryn Jo Lincoln Board Member
Marc A. Howze Board Member
Michael F. Hilton Board Member
N. Joy Falotico Board Member
Patrick P. Goris Board Member
Phillip J. Mason Board Member
To approve Board Member

Key facts CIK 59527 CUSIP 533900106 13F (30d) 344 filings 316 filers Visit website Investor relations