Lincoln Electric Holdings, Inc.

DB:LNE Stock Report

Market Cap: €9.9b

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 €8.91M. The average tenure of the management team and the board of directors is 4.2 years and 6.5 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 tenure4.2yrs
Board average tenure6.5yrs

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
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 ($USD5.33M) is about average for companies of similar size in the German market ($USD5.11M).

Compensation vs Earnings: Steve's compensation has increased by 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 Chairman14.7yrsUS$10.61m0.19%
$ 18.7m
Steven Hedlund
Presidentless than a yearUS$5.33m0.090%
$ 8.9m
Gabriel Bruno
Executive VP4.5yrsUS$2.99m0.047%
$ 4.6m
Jennifer Ansberry
Executive VP7.5yrsUS$2.14m0.035%
$ 3.5m
Michele Kuhrt
Executive VP & Chief Transformation Officerless than a yearUS$1.88m0.033%
$ 3.3m
Lisa Dietrich
Executive VP & Chief Information Officer2.4yrsno data0.0031%
$ 301.6k
Amanda Butler
Vice President of Investor Relations & Communications11.6yrsno datano data
Susan Edwards
Senior VP & Chief Human Resources Officerless than a yearno datano data
Michael Whitehead
Senior VP and President of Global Automation9yrsno data0.020%
$ 2.0m
Douglas Lance
Senior VP & President of North America – Americas Welding16.8yrsno datano data
Geoffrey Allman
Senior Vice President of Acquisition Integration10.8yrsno data0.018%
$ 1.8m
Peter Pletcher
Senior VP & President of Americas Welding3.8yrsno data0.011%
$ 1.0m

4.2yrs

Average Tenure

55.5yo

Average Age

Experienced Management: LNE's management team is considered experienced (4.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Christopher Mapes
Executive Chairman14.7yrsUS$10.61m0.19%
$ 18.7m
Steven Hedlund
Presidentless than a yearUS$5.33m0.090%
$ 8.9m
Kathryn Lincoln
Independent Director29.8yrsUS$240.15k0.048%
$ 4.8m
Curtis Espeland
Lead Independent Director12.7yrsUS$268.00k0.029%
$ 2.9m
Kellye Walker
Independent Director4yrsUS$247.50k0.0042%
$ 415.3k
Phillip Mason
Independent Director11.3yrsUS$255.00k0.034%
$ 3.3m
Brian Chambers
Independent Director2.7yrsUS$240.01k0.0016%
$ 162.2k
Michael Hilton
Independent Director9.3yrsUS$255.17k0.011%
$ 1.1m
Marc Howze
Independent Directorless than a yearUS$192.46kno data
Benny Patel
Independent Director6.7yrsUS$240.15k0.0020%
$ 193.8k
Patrick Goris
Independent Director6.3yrsUS$263.44k0.0010%
$ 102.8k
Bonnie Fetch
Independent Director1.3yrsUS$248.33kno data

6.5yrs

Average Tenure

58yo

Average Age

Experienced Board: LNE's board of directors are considered experienced (6.5 years average tenure).