Description

Lincoln Electric Holdings, Inc. is a global leader in welding, cutting, and brazing products. The company operates in three segments: Americas Welding, International Welding, and The Harris Products Group.

It offers a wide range of solutions, including arc welding equipment, plasma and oxyfuel cutting systems, wire feeding systems, fume control equipment, and automated welding solutions.

Recently, Lincoln Electric reported its Q1 2025 earnings, showing a 2.4% increase in revenue to $1.4 billion, despite challenges in operating margins and international sales.

The company also returned $150 million to shareholders through dividends and share repurchases.

The company specializes in arc welding equipment, robotic welding systems, plasma and oxyfuel cutting solutions, and automated welding technologies.

Main Business Description

Lincoln Electric designs, develops, and manufactures welding, cutting, and joining solutions for industries such as automotive, transportation, construction, shipbuilding, and heavy fabrication.

The company also provides education solutions, fume control equipment, and specialty gas regulators.

Business Segments

Lincoln Electric operates through three primary business segments:

  1. Americas Welding – Covers welding operations in North and South America, offering a wide range of welding consumables and equipment.
  2. International Welding – Includes welding operations in Europe, Africa, Asia, and Australia, serving global markets with welding and cutting solutions.
  3. The Harris Products Group – Focuses on oxyfuel cutting, soldering, and brazing businesses, along with retail operations in the United States.
Brian Chambers:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Curtis Espeland:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Bonnie Fetch:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Patrick Goris:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Michael Hilton:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kathryn Lincoln:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Christopher Mapes:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Phillip Mason:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Dr Ben Patel:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kellye Walker:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Marc Howze:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Joy Falotico:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Steven Hedlund:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

NASDAQ
US5339001068

 

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Shareholders holding 5% +


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Material Subsidiaries/Associates


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Credit Rating

NameLogoCountryHeadquartersRating
S and PCredit LogoUnited States of AmericaNew YorkBB+

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Brian D.

Non Executive
NationalityUnited States of America
58
RoleNED
QualificationBA (Science), MBA
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Name

Curtis E.

Non Executive
NationalityUnited States of America
60
RoleNED
QualificationNot Available
Date Appointed: 01/01/2012
Duration:
14 years and 8 months
Independance: N
Name

Bonnie J.

Non Executive
NationalityUnited States of America
RoleNED
QualificationB.S. Leadership & Business Executive Programme
Date Appointed: 01/01/2022
Duration:
4 years and 8 months
Independance: Y
Name

Patrick P.

Non Executive
NationalityUnited States of America
53
RoleNED
QualificationBBA, MBA
Date Appointed: 01/01/2018
Duration:
8 years and 8 months
Independance: Y
Name

Michael F.

Non Executive
NationalityUnited States of America
71
RoleNED
QualificationB.S. Chemical Engineering, MBA
Date Appointed: 01/01/2015
Duration:
11 years and 8 months
Independance: N
Name

Kathryn Jo

Non Executive
NationalityUnited States of America
71
RoleNED
QualificationNot Available
Date Appointed: 01/01/1995
Duration:
31 years and 8 months
Independance: N
Name

Christopher L.

Executive
NationalityUnited States of America
64
RoleCEO and President
QualificationBS, MBA, JD Law
Date Appointed: 01/01/2010
Duration:
16 years and 8 months
Independance: N
Name

Phillip J.

Non Executive
NationalityUnited States of America
75
RoleNED
QualificationB.A.
Date Appointed: 01/01/2013
Duration:
13 years and 8 months
Independance: N
Name

Ben

Non Executive
NationalityUnited States of America
57
RoleNED
QualificationUndergrad, PhD
Date Appointed: 01/01/2018
Duration:
8 years and 8 months
Independance: Y
Name

Kellye L.

Non Executive
NationalityUnited States of America
58
RoleNED
QualificationB.S. & JD Law
Date Appointed: 01/01/2020
Duration:
6 years and 8 months
Independance: Y
Name

Marc A.

Non Executive
NationalityAmerican
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Joy

Non Executive
NationalityAmerican
59
RoleNED
QualificationBSBA, MBA
Date Appointed: 01/01/2025
Duration:
1 year and 8 months
Independance: Y
Name

Steven

Executive
NationalityAmerican
58
RoleCEO
QualificationBA, MBA
Date Appointed: 01/01/2024
Duration:
2 years and 8 months
Independance: Y

 

Directors Tenure

Name
Duration
Name

Brian D. Chambers

Duration4 years and 8 months
Name

Curtis E. Espeland

Duration14 years and 8 months
Name

Bonnie J. Fetch

Duration4 years and 8 months
Name

Patrick P. Goris

Duration8 years and 8 months
Name

Michael F. Hilton

Duration11 years and 8 months
Name

Kathryn Jo Lincoln

Duration31 years and 8 months
Name

Christopher L. Mapes

Duration16 years and 8 months
Name

Phillip J. Mason

Duration13 years and 8 months
Name

Ben Patel

Duration8 years and 8 months
Name

Kellye L. Walker

Duration6 years and 8 months
Name

Marc A. Howze

DurationDuration not available.
Name

Joy Falotico

Duration1 year and 8 months
Name

Steven Hedlund

Duration2 years and 8 months

 

Director Experience

Name
Experience
Name

Brian D.

Experience Construction, Oil and Gas, Machinery Manufacturing, Other
Name

Curtis E.

Experience Financial Services, Chemicals
Name

Bonnie J.

Experience Machinery Manufacturing, Technology
Name

Patrick P.

Experience Financial Services, Machinery Manufacturing
Name

Michael F.

Experience Engineering, Textile, Chemicals, Electronics, Machinery Manufacturing
Name

Kathryn Jo

Experience Investment, Banking, Healthcare
Name

Christopher L.

Experience Electronics, Machinery Manufacturing
Name

Phillip J.

Experience Healthcare, Other, Retail
Name

Ben

Experience Logistics, Textile, Automobile, Machinery Manufacturing, Technology
Name

Kellye L.

Experience Chemicals, Professional Firm, Government
Name

Marc A.

Experience Machinery Manufacturing, Business Services
Name

Joy

Experience Automobile
Name

Steven

Experience Automobile, Other, Professional Firm

 

Company Auditors

Name
Date Appointed
Years
Name

Ernst & Young

Date Appointed01/01/1924
Year102 years and 8 months

 

 

Company Committees

Name

Brian D. Chambers

Mainboard, Audit, Remuneration BD, AU, RE
Name

Curtis E. Espeland

Mainboard, Audit, Remuneration BD, AU, RE
Name

Bonnie J. Fetch

Mainboard, Audit, Remuneration BD, AU, RE
Name

Patrick P. Goris

Mainboard, Audit, Remuneration BD, AU, NG
Name

Michael F. Hilton

Mainboard, Audit, Remuneration BD, NG, EX
Name

Kathryn Jo Lincoln

Mainboard, Audit, Remuneration BD, NG, EX
Name

Christopher L. Mapes

Mainboard, Audit, Remuneration BD
Name

Phillip J. Mason

Mainboard, Audit, Remuneration BD, RE, EX, OT
Name

Ben Patel

Mainboard, Audit, Remuneration BD, AU, RE, NG
Name

Kellye L. Walker

Mainboard, Audit, Remuneration BD, RE, NG
Name

Marc A. Howze

Mainboard, Audit, Remuneration BD, RE, EX
Name

Joy Falotico

Mainboard, Audit, Remuneration BD, AU, NG
Name

Steven Hedlund

Mainboard, Audit, Remuneration BD

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT