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 percentage | 15.0% |
CEO tenure | less than a year |
CEO ownership | 0.09% |
Management average tenure | 4.2yrs |
Board average tenure | 6.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Jun 30 2024 | n/a | n/a | US$511m |
Mar 31 2024 | n/a | n/a | US$547m |
Dec 31 2023 | US$5m | US$799k | US$545m |
Sep 30 2023 | n/a | n/a | US$498m |
Jun 30 2023 | n/a | n/a | US$478m |
Mar 31 2023 | n/a | n/a | US$468m |
Dec 31 2022 | US$3m | US$565k | US$472m |
Sep 30 2022 | n/a | n/a | US$438m |
Jun 30 2022 | n/a | n/a | US$360m |
Mar 31 2022 | n/a | n/a | US$328m |
Dec 31 2021 | US$2m | US$440k | US$277m |
Sep 30 2021 | n/a | n/a | US$267m |
Jun 30 2021 | n/a | n/a | US$294m |
Mar 31 2021 | n/a | n/a | US$225m |
Dec 31 2020 | US$2m | US$428k | US$206m |
Sep 30 2020 | n/a | n/a | US$205m |
Jun 30 2020 | n/a | n/a | US$219m |
Mar 31 2020 | n/a | n/a | US$277m |
Dec 31 2019 | US$2m | US$425k | US$293m |
Sep 30 2019 | n/a | n/a | US$316m |
Jun 30 2019 | n/a | n/a | US$314m |
Mar 31 2019 | n/a | n/a | US$298m |
Dec 31 2018 | US$2m | US$395k | US$287m |
Sep 30 2018 | n/a | n/a | US$224m |
Jun 30 2018 | n/a | n/a | US$260m |
Mar 31 2018 | n/a | n/a | US$252m |
Dec 31 2017 | US$2m | US$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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.7yrs | US$10.61m | 0.19% $ 18.7m | |
President | less than a year | US$5.33m | 0.090% $ 8.9m | |
Executive VP | 4.5yrs | US$2.99m | 0.047% $ 4.6m | |
Executive VP | 7.5yrs | US$2.14m | 0.035% $ 3.5m | |
Executive VP & Chief Transformation Officer | less than a year | US$1.88m | 0.033% $ 3.3m | |
Executive VP & Chief Information Officer | 2.4yrs | no data | 0.0031% $ 301.6k | |
Vice President of Investor Relations & Communications | 11.6yrs | no data | no data | |
Senior VP & Chief Human Resources Officer | less than a year | no data | no data | |
Senior VP and President of Global Automation | 9yrs | no data | 0.020% $ 2.0m | |
Senior VP & President of North America – Americas Welding | 16.8yrs | no data | no data | |
Senior Vice President of Acquisition Integration | 10.8yrs | no data | 0.018% $ 1.8m | |
Senior VP & President of Americas Welding | 3.8yrs | no data | 0.011% $ 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
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 14.7yrs | US$10.61m | 0.19% $ 18.7m | |
President | less than a year | US$5.33m | 0.090% $ 8.9m | |
Independent Director | 29.8yrs | US$240.15k | 0.048% $ 4.8m | |
Lead Independent Director | 12.7yrs | US$268.00k | 0.029% $ 2.9m | |
Independent Director | 4yrs | US$247.50k | 0.0042% $ 415.3k | |
Independent Director | 11.3yrs | US$255.00k | 0.034% $ 3.3m | |
Independent Director | 2.7yrs | US$240.01k | 0.0016% $ 162.2k | |
Independent Director | 9.3yrs | US$255.17k | 0.011% $ 1.1m | |
Independent Director | less than a year | US$192.46k | no data | |
Independent Director | 6.7yrs | US$240.15k | 0.0020% $ 193.8k | |
Independent Director | 6.3yrs | US$263.44k | 0.0010% $ 102.8k | |
Independent Director | 1.3yrs | US$248.33k | no data |
6.5yrs
Average Tenure
58yo
Average Age
Experienced Board: LNE's board of directors are considered experienced (6.5 years average tenure).