Lincoln Electric Holdings

Lincoln Electric Holdings

LECO· Manufacturing· Fiscal year ends in December

CEO pay in FY2025Stock +27.8% in FY2025

Steven B. Hedlund is the CEO of Lincoln Electric Holdings and was paid $8.4M in FY2025 (Dec), up 14%.

Pay$100 in the stock at the end of FY20 → $212
CEO pay is from each Lincoln Electric Holdings proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Steven B. HedlundFY2025
  2. 2Gabriel BrunoFY2025
  3. 3Jennifer I. AnsberryFY2025
  4. 4Michael J. WhiteheadFY2025
  5. 5Susan C. EdwardsFY2025

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Pay

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Lincoln Electric Holdings paid its 5 named executives $16.4M in total in FY2025 (Dec). CEO Steven B. Hedlund was paid $8.4M of that.

Name
Steven B. HedlundChairman and Chief Executive Officer
Gabriel BrunoExecutive Vice President, Chief Financial Officer and Treasurer
Jennifer I. AnsberryExecutive Vice President, General Counsel and Secretary
Michael J. WhiteheadExecutive Vice President, President, Americas WeldingNot disclosedNot disclosed
Susan C. EdwardsExecutive Vice President, Chief Human Resources OfficerNot disclosedNot disclosed

of each named executive, from the Summary Compensation Table of each proxy.

Peers19

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The FY2025 (Dec) proxy of Lincoln Electric Holdings names 19 peer companies for pay. Among Lincoln Electric Holdings and these peers, CEO pay was 13th highest of 15 and total shareholder return was 5th highest of 15.

13th highest of 15in Lincoln Electric Holdings and its pay peers, FY2025 (Dec) by CEO pay:

$8.2M$18.8M

5th highest of 15in Lincoln Electric Holdings and its pay peers, FY2025 (Dec) by total shareholder return:

$106$325

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board10

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  • Curtis E. EspelandLead independent director · 13 yr on the boardIndependentAudit, Finance—Paid as an executive
  • Kathryn Jo LincolnDirector · 30 yr on the boardIndependentCompensation and Executive Development, Nominating and Corporate Governance—Paid as an executive
  • Ben P. PatelDirector · 7 yr on the boardIndependentAudit, Nominating and Corporate Governance—Paid as an executive
  • Brian D. ChambersDirector · 3 yr on the boardIndependentAudit, Finance—Paid as an executive
  • Bonnie J. FetchDirector · 2 yr on the boardIndependentCompensation and Executive Development, Finance—Paid as an executive
  • Marc A. HowzeDirector · 2 yr on the boardIndependentCompensation and Executive Development, Nominating and Corporate Governance (Chair)—Paid as an executive

The board of the latest proxy (FY2025).

Shared directors

Activity

  1. Pay
    Lincoln Electric Holdings CEO pay rose 14% to $8.4M. The stock rose 28% in FY2025 (Dec).
    DEF 14A
  2. Pay
    Lincoln Electric Holdings CFO pay rose 14% to $2.9M. The stock rose 28% in FY2025 (Dec).
    DEF 14A
  3. Board
    N. Joy Falotico joined the board of Lincoln Electric Holdings. N. Joy Falotico now sits on 2 public boards.
    3
  4. Pay
    Lincoln Electric Holdings CEO pay rose 38% to $7.4M. The stock fell 14% in FY2024 (Dec).
    DEF 14A
  5. Pay
    Lincoln Electric Holdings CEO pay rose 52% to $3.4M. The stock rose 5% in FY2022 (Dec).
    DEF 14A
  6. Pay
    Lincoln Electric Holdings Executive Vice President, Chief Transformation Officer pay fell 22% to $1.5M. The stock fell 14% in FY2024 (Dec).
    DEF 14A
  7. Pay
    Lincoln Electric Holdings Executive Vice President, Chief Transformation Officer pay rose 23% to $1.9M. The stock rose 5% in FY2022 (Dec).
    DEF 14A
  8. Pay
    Lincoln Electric Holdings General counsel pay fell 16% to $1.8M. The stock fell 14% in FY2024 (Dec).
    DEF 14A
  9. Pay
    Lincoln Electric Holdings General counsel pay rose 11% to $1.9M. The stock rose 5% in FY2022 (Dec).
    DEF 14A
  10. Pay
    Lincoln Electric Holdings CFO pay fell 15% to $2.6M. The stock fell 14% in FY2024 (Dec).
    DEF 14A
  11. Pay
    Lincoln Electric Holdings CFO pay rose 16% to $2.8M. The stock rose 5% in FY2022 (Dec).
    DEF 14A
  12. Pay
    Lincoln Electric Holdings Executive chair pay fell 33% to $7.1M. The stock fell 14% in FY2024 (Dec).
    DEF 14A
  13. Pay
    Lincoln Electric Holdings CEO pay rose 58% to $5.3M. The stock rose 51% in FY2023 (Dec).
    DEF 14A
  14. Pay
    Lincoln Electric Holdings General counsel pay rose 10% to $2.1M. The stock rose 51% in FY2023 (Dec).
    DEF 14A
  15. Board
    Steven B. Hedlund joined the board of Lincoln Electric Holdings. Steven B. Hedlund sits on no other public board.
    3
  16. Board
    Marc A. Howze joined the board of Lincoln Electric Holdings. Marc A. Howze now sits on 2 public boards.
    3
  17. Board
    Bonnie J. Fetch joined the board of Lincoln Electric Holdings. Bonnie J. Fetch sits on no other public board.
    3

Filings6

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Proxy statementDEF 14AMar 19, 2026FY2025
Annual report10-KFeb 25, 2026FY2025
Proxy statementDEF 14AMar 20, 2025FY2024
Annual report10-KFeb 26, 2025FY2024
Proxy statementDEF 14AMar 18, 2024FY2023
Annual report10-KFeb 27, 2024FY2023
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