Lincoln Electric Holdings, Inc.

DB:LNE Stock Report

Market Cap: €10.3b

Lincoln Electric Holdings Management

Management criteria checks 3/4

Lincoln Electric Holdings' CEO is Steve Hedlund, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $5.33M, comprised of 15% salary and 85% bonuses, including company stock and options. directly owns 0.09% of the company’s shares, worth €9.28M. The average tenure of the management team and the board of directors is 4.3 years and 6.6 years respectively.

Key information

Steve Hedlund

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage15.0%
CEO tenureless than a year
CEO ownership0.09%
Management average tenure4.3yrs
Board average tenure6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Steve Hedlund's remuneration changed compared to Lincoln Electric Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$483m

Jun 30 2024n/an/a

US$511m

Mar 31 2024n/an/a

US$547m

Dec 31 2023US$5mUS$799k

US$545m

Sep 30 2023n/an/a

US$498m

Jun 30 2023n/an/a

US$478m

Mar 31 2023n/an/a

US$468m

Dec 31 2022US$3mUS$565k

US$472m

Sep 30 2022n/an/a

US$438m

Jun 30 2022n/an/a

US$360m

Mar 31 2022n/an/a

US$328m

Dec 31 2021US$2mUS$440k

US$277m

Sep 30 2021n/an/a

US$267m

Jun 30 2021n/an/a

US$294m

Mar 31 2021n/an/a

US$225m

Dec 31 2020US$2mUS$428k

US$206m

Sep 30 2020n/an/a

US$205m

Jun 30 2020n/an/a

US$219m

Mar 31 2020n/an/a

US$277m

Dec 31 2019US$2mUS$425k

US$293m

Sep 30 2019n/an/a

US$316m

Jun 30 2019n/an/a

US$314m

Mar 31 2019n/an/a

US$298m

Dec 31 2018US$2mUS$395k

US$287m

Sep 30 2018n/an/a

US$224m

Jun 30 2018n/an/a

US$260m

Mar 31 2018n/an/a

US$252m

Dec 31 2017US$2mUS$370k

US$248m

Compensation vs Market: Steve's total compensation ($USD5.33M) is about average for companies of similar size in the German market ($USD4.86M).

Compensation vs Earnings: Steve's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Steve Hedlund (57 yo)

less than a year

Tenure

US$5,333,638

Compensation

Mr. Steven B. Hedlund, also known as Steve, serves as Chief Operating Officer at Lincoln Electric Holdings, Inc since May 09, 2022 until 2023 and served as Executive Vice President until January 01, 2023 a...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Mapes
Executive Chairman14.8yrsUS$10.61m0.19%
€ 19.5m
Steven Hedlund
Presidentless than a yearUS$5.33m0.090%
€ 9.3m
Gabriel Bruno
Executive VP4.7yrsUS$2.99m0.047%
€ 4.8m
Jennifer Ansberry
Executive VP7.7yrsUS$2.14m0.036%
€ 3.7m
Michele Kuhrt
Executive VP & Chief Transformation Officerless than a yearUS$1.88m0.034%
€ 3.4m
Lisa Dietrich
Executive VP & Chief Information Officer2.6yrsno data0.0031%
€ 314.0k
Amanda Butler
Vice President of Investor Relations & Communications11.8yrsno datano data
Susan Edwards
Senior VP & Chief Human Resources Officerless than a yearno datano data
Michael Whitehead
Senior VP and President of Global Automation9.2yrsno data0.017%
€ 1.8m
Douglas Lance
Senior VP & President of North America – Americas Welding16.9yrsno datano data
Geoffrey Allman
Senior Vice President of Acquisition Integration10.9yrsno data0.018%
€ 1.9m
Peter Pletcher
Senior VP & President of Americas Welding4yrsno data0.011%
€ 1.1m

4.3yrs

Average Tenure

55.5yo

Average Age

Experienced Management: LNE's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Mapes
Executive Chairman14.8yrsUS$10.61m0.19%
€ 19.5m
Steven Hedlund
Presidentless than a yearUS$5.33m0.090%
€ 9.3m
Kathryn Lincoln
Independent Director29.9yrsUS$240.15k0.047%
€ 4.9m
Curtis Espeland
Lead Independent Director12.8yrsUS$268.00k0.030%
€ 3.0m
Kellye Walker
Independent Director4.2yrsUS$247.50k0.0042%
€ 433.0k
Phillip Mason
Independent Director11.4yrsUS$255.00k0.034%
€ 3.5m
Brian Chambers
Independent Director2.8yrsUS$240.01k0.0016%
€ 168.3k
Michael Hilton
Independent Director9.4yrsUS$255.17k0.011%
€ 1.1m
Marc Howze
Independent Director1.2yrsUS$192.46kno data
Benny Patel
Independent Director6.8yrsUS$240.15k0.0020%
€ 202.1k
Patrick Goris
Independent Director6.4yrsUS$263.44k0.0010%
€ 107.7k
Bonnie Fetch
Independent Director1.4yrsUS$248.33kno data

6.6yrs

Average Tenure

58yo

Average Age

Experienced Board: LNE's board of directors are considered experienced (6.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lincoln Electric Holdings, Inc. is covered by 29 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mircea DobreBaird
Adam SeidenBarclays
Walter LiptakBarrington Research Associates, Inc.