Lincoln Electric Holdings, Inc. Logo

Lincoln Electric Holdings, Inc.

LECO

(3.2)
Stock Price

175,06 USD

18.86% ROA

44.87% ROE

24.45x PER

Market Cap.

12.142.066.318,00 USD

90.61% DER

1.24% Yield

13.01% NPM

Lincoln Electric Holdings, Inc. Stock Analysis

Lincoln Electric Holdings, Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Lincoln Electric Holdings, Inc. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (43.41%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

4 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

5 DER

The stock maintains a fair debt to equity ratio (91%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

8 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.961), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 PBV

The stock's high Price-to-Book Value (P/BV) ratio (9.13x) suggests it's overvalued, potentially making it an expensive investment.

11 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

Lincoln Electric Holdings, Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Lincoln Electric Holdings, Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Lincoln Electric Holdings, Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Lincoln Electric Holdings, Inc. Revenue
Year Revenue Growth
1994 906.700.000
1995 1.032.400.000 12.18%
1996 1.109.100.000 6.92%
1997 1.159.100.000 4.31%
1998 1.186.700.000 2.33%
1999 1.086.200.000 -9.25%
2000 1.058.601.000 -2.61%
2001 978.877.000 -8.14%
2002 994.077.000 1.53%
2003 1.040.589.000 4.47%
2004 1.333.675.000 21.98%
2005 1.601.190.000 16.71%
2006 1.971.915.000 18.8%
2007 2.280.784.000 13.54%
2008 2.479.131.000 8%
2009 1.729.285.000 -43.36%
2010 2.070.172.000 16.47%
2011 2.694.609.000 23.17%
2012 2.853.367.000 5.56%
2013 2.852.671.000 -0.02%
2014 2.813.324.000 -1.4%
2015 2.535.791.000 -10.94%
2016 2.274.614.000 -11.48%
2017 2.624.431.000 13.33%
2018 3.028.674.000 13.35%
2019 3.003.272.000 -0.85%
2020 2.655.400.000 -13.1%
2021 3.234.180.000 17.9%
2022 3.761.211.000 14.01%
2023 4.132.856.000 8.99%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Lincoln Electric Holdings, Inc. Research and Development Expenses
Year Research and Development Expenses Growth
1994 0
1995 0 0%
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Lincoln Electric Holdings, Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
1994 261.700.000
1995 289.800.000 9.7%
1996 310.300.000 6.61%
1997 305.800.000 -1.47%
1998 309.700.000 1.26%
1999 223.800.000 -38.38%
2000 216.217.000 -3.51%
2001 190.161.000 -13.7%
2002 198.035.000 3.98%
2003 210.703.000 6.01%
2004 256.616.000 17.89%
2005 285.309.000 10.06%
2006 315.829.000 9.66%
2007 370.122.000 14.67%
2008 405.376.000 8.7%
2009 333.395.000 -21.59%
2010 377.773.000 11.75%
2011 439.775.000 14.1%
2012 495.221.000 11.2%
2013 527.206.000 6.07%
2014 545.497.000 3.35%
2015 639.486.000 14.7%
2016 466.676.000 -37.03%
2017 545.675.000 14.48%
2018 627.697.000 13.07%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Lincoln Electric Holdings, Inc. EBITDA
Year EBITDA Growth
1994 109.500.000
1995 133.800.000 18.16%
1996 128.600.000 -4.04%
1997 156.700.000 17.93%
1998 170.200.000 7.93%
1999 206.700.000 17.66%
2000 184.146.000 -12.25%
2001 150.079.000 -22.7%
2002 136.792.000 -9.71%
2003 104.590.000 -30.79%
2004 144.499.000 27.62%
2005 188.782.000 23.46%
2006 283.795.000 33.48%
2007 325.922.000 12.93%
2008 367.208.000 11.24%
2009 177.908.000 -106.4%
2010 248.955.000 28.54%
2011 367.237.000 32.21%
2012 448.449.000 18.11%
2013 496.651.000 9.71%
2014 485.907.000 -2.21%
2015 275.576.000 -76.32%
2016 395.888.000 30.39%
2017 415.511.000 4.72%
2018 483.856.000 14.13%
2019 488.583.000 0.97%
2020 411.973.000 -18.6%
2021 438.185.000 5.98%
2022 712.174.000 38.47%
2023 803.220.000 11.34%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Lincoln Electric Holdings, Inc. Gross Profit
Year Gross Profit Growth
1994 378.400.000
1995 427.500.000 11.49%
1996 452.100.000 5.44%
1997 469.100.000 3.62%
1998 485.200.000 3.32%
1999 400.900.000 -21.03%
2000 389.810.000 -2.84%
2001 307.326.000 -26.84%
2002 300.025.000 -2.43%
2003 280.665.000 -6.9%
2004 362.358.000 22.54%
2005 436.915.000 17.06%
2006 552.277.000 20.89%
2007 647.566.000 14.71%
2008 720.151.000 10.08%
2009 456.268.000 -57.84%
2010 563.819.000 19.08%
2011 736.737.000 23.47%
2012 866.656.000 14.99%
2013 942.654.000 8.06%
2014 949.297.000 0.7%
2015 841.144.000 -12.86%
2016 789.298.000 -6.57%
2017 880.326.000 10.34%
2018 1.028.521.000 14.41%
2019 1.007.587.000 -2.08%
2020 871.341.000 -15.64%
2021 1.068.605.000 18.46%
2022 1.280.760.000 16.56%
2023 1.462.520.000 12.43%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Lincoln Electric Holdings, Inc. Net Profit
Year Net Profit Growth
1994 48.000.000
1995 61.500.000 21.95%
1996 74.300.000 17.23%
1997 85.400.000 13%
1998 93.700.000 8.86%
1999 73.900.000 -26.79%
2000 78.092.000 5.37%
2001 83.589.000 6.58%
2002 29.275.000 -185.53%
2003 54.542.000 46.33%
2004 80.596.000 32.33%
2005 122.306.000 34.1%
2006 175.008.000 30.11%
2007 202.736.000 13.68%
2008 212.286.000 4.5%
2009 48.576.000 -337.02%
2010 130.244.000 62.7%
2011 217.186.000 40.03%
2012 257.411.000 15.63%
2013 293.780.000 12.38%
2014 254.686.000 -15.35%
2015 127.478.000 -99.79%
2016 198.399.000 35.75%
2017 247.503.000 19.84%
2018 287.066.000 13.78%
2019 293.109.000 2.06%
2020 206.115.000 -42.21%
2021 276.466.000 25.45%
2022 472.224.000 41.45%
2023 517.372.000 8.73%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Lincoln Electric Holdings, Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1994 1
1995 1 0%
1996 1 0%
1997 1 0%
1998 1 0%
1999 1 0%
2000 1 0%
2001 1 0%
2002 0 0%
2003 1 0%
2004 1 0%
2005 1 100%
2006 2 50%
2007 2 0%
2008 2 0%
2009 1 0%
2010 2 100%
2011 3 50%
2012 3 33.33%
2013 4 0%
2014 3 0%
2015 2 -200%
2016 3 50%
2017 4 33.33%
2018 4 25%
2019 5 0%
2020 3 -33.33%
2021 5 25%
2022 8 42.86%
2023 9 22.22%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Lincoln Electric Holdings, Inc. Free Cashflow
Year Free Cashflow Growth
1994 31.300.000
1995 17.100.000 -83.04%
1996 68.000.000 74.85%
1997 51.600.000 -31.78%
1998 29.900.000 -72.58%
1999 17.800.000 -67.98%
2000 86.034.000 79.31%
2001 83.508.000 -3.02%
2002 75.689.000 -10.33%
2003 60.847.000 -24.39%
2004 -5.181.000 1274.43%
2005 66.609.000 107.78%
2006 42.678.000 -56.07%
2007 188.199.000 77.32%
2008 185.023.000 -1.72%
2009 212.149.000 12.79%
2010 96.413.000 -120.04%
2011 127.705.000 24.5%
2012 274.769.000 53.52%
2013 262.879.000 -4.52%
2014 328.712.000 20.03%
2015 260.351.000 -26.26%
2016 253.526.000 -2.69%
2017 273.189.000 7.2%
2018 257.906.000 -5.93%
2019 333.570.000 22.68%
2020 292.161.000 -14.17%
2021 302.532.000 3.43%
2022 311.503.000 2.88%
2023 197.197.000 -57.97%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Lincoln Electric Holdings, Inc. Operating Cashflow
Year Operating Cashflow Growth
1994 68.700.000
1995 65.500.000 -4.89%
1996 107.800.000 39.24%
1997 88.900.000 -21.26%
1998 122.100.000 27.19%
1999 81.100.000 -50.55%
2000 120.834.000 32.88%
2001 120.231.000 -0.5%
2002 103.598.000 -16.06%
2003 95.687.000 -8.27%
2004 51.260.000 -86.67%
2005 117.024.000 56.2%
2006 118.680.000 1.4%
2007 249.832.000 52.5%
2008 257.449.000 2.96%
2009 250.350.000 -2.84%
2010 156.978.000 -59.48%
2011 193.518.000 18.88%
2012 327.484.000 40.91%
2013 338.894.000 3.37%
2014 401.702.000 15.64%
2015 310.858.000 -29.22%
2016 303.403.000 -2.46%
2017 334.845.000 9.39%
2018 329.152.000 -1.73%
2019 403.185.000 18.36%
2020 351.362.000 -14.75%
2021 365.063.000 3.75%
2022 383.386.000 4.78%
2023 223.104.000 -71.84%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Lincoln Electric Holdings, Inc. Capital Expenditure
Year Capital Expenditure Growth
1994 37.400.000
1995 48.400.000 22.73%
1996 39.800.000 -21.61%
1997 37.300.000 -6.7%
1998 92.200.000 59.54%
1999 63.300.000 -45.66%
2000 34.800.000 -81.9%
2001 36.723.000 5.24%
2002 27.909.000 -31.58%
2003 34.840.000 19.89%
2004 56.441.000 38.27%
2005 50.415.000 -11.95%
2006 76.002.000 33.67%
2007 61.633.000 -23.31%
2008 72.426.000 14.9%
2009 38.201.000 -89.59%
2010 60.565.000 36.93%
2011 65.813.000 7.97%
2012 52.715.000 -24.85%
2013 76.015.000 30.65%
2014 72.990.000 -4.14%
2015 50.507.000 -44.51%
2016 49.877.000 -1.26%
2017 61.656.000 19.1%
2018 71.246.000 13.46%
2019 69.615.000 -2.34%
2020 59.201.000 -17.59%
2021 62.531.000 5.33%
2022 71.883.000 13.01%
2023 25.907.000 -177.47%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Lincoln Electric Holdings, Inc. Equity
Year Equity Growth
1994 194.100.000
1995 329.900.000 41.16%
1996 391.800.000 15.8%
1997 437.200.000 10.38%
1998 490.900.000 10.94%
1999 451.500.000 -8.73%
2000 447.301.000 -0.94%
2001 498.698.000 10.31%
2002 429.153.000 -16.21%
2003 478.508.000 10.31%
2004 577.277.000 17.11%
2005 652.294.000 11.5%
2006 852.976.000 23.53%
2007 1.087.220.000 21.55%
2008 995.312.000 -9.23%
2009 1.072.346.000 7.18%
2010 1.149.478.000 6.71%
2011 1.193.242.000 3.67%
2012 1.358.321.000 12.15%
2013 1.530.688.000 11.26%
2014 1.285.781.000 -19.05%
2015 932.448.000 -37.89%
2016 712.206.000 -30.92%
2017 932.453.000 23.62%
2018 888.242.000 -4.98%
2019 819.982.000 -8.32%
2020 791.229.000 -3.63%
2021 863.716.000 8.39%
2022 1.033.942.000 16.46%
2023 1.225.582.000 15.64%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Lincoln Electric Holdings, Inc. Assets
Year Assets Growth
1994 556.900.000
1995 617.800.000 9.86%
1996 647.200.000 4.54%
1997 712.200.000 9.13%
1998 782.900.000 9.03%
1999 775.400.000 -0.97%
2000 790.279.000 1.88%
2001 781.311.000 -1.15%
2002 901.269.000 13.31%
2003 928.866.000 2.97%
2004 1.059.164.000 12.3%
2005 1.161.161.000 8.78%
2006 1.394.579.000 16.74%
2007 1.645.296.000 15.24%
2008 1.718.805.000 4.28%
2009 1.705.292.000 -0.79%
2010 1.783.788.000 4.4%
2011 1.976.776.000 9.76%
2012 2.089.863.000 5.41%
2013 2.151.867.000 2.88%
2014 1.939.215.000 -10.97%
2015 1.784.171.000 -8.69%
2016 1.943.437.000 8.2%
2017 2.406.547.000 19.24%
2018 2.349.825.000 -2.41%
2019 2.371.213.000 0.9%
2020 2.314.453.000 -2.45%
2021 2.592.307.000 10.72%
2022 3.180.546.000 18.49%
2023 3.325.895.000 4.37%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Lincoln Electric Holdings, Inc. Liabilities
Year Liabilities Growth
1994 356.000.000
1995 282.400.000 -26.06%
1996 255.400.000 -10.57%
1997 275.000.000 7.13%
1998 292.000.000 5.82%
1999 323.900.000 9.85%
2000 342.978.000 5.56%
2001 282.613.000 -21.36%
2002 472.116.000 40.14%
2003 450.358.000 -4.83%
2004 481.887.000 6.54%
2005 508.867.000 5.3%
2006 541.603.000 6.04%
2007 558.076.000 2.95%
2008 723.493.000 22.86%
2009 619.617.000 -16.76%
2010 634.310.000 2.32%
2011 783.534.000 19.04%
2012 731.542.000 -7.11%
2013 621.179.000 -17.77%
2014 653.434.000 4.94%
2015 851.723.000 23.28%
2016 1.231.231.000 30.82%
2017 1.474.094.000 16.48%
2018 1.462.233.000 -0.81%
2019 1.552.136.000 5.79%
2020 1.524.203.000 -1.83%
2021 1.728.398.000 11.81%
2022 2.146.505.000 19.48%
2023 2.100.313.000 -2.2%

Lincoln Electric Holdings, Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
70.9
Net Income per Share
8.68
Price to Earning Ratio
24.45x
Price To Sales Ratio
2.99x
POCF Ratio
18.5
PFCF Ratio
21.24
Price to Book Ratio
9.93
EV to Sales
3.18
EV Over EBITDA
16.84
EV to Operating CashFlow
19.63
EV to FreeCashFlow
22.58
Earnings Yield
0.04
FreeCashFlow Yield
0.05
Market Cap
12,14 Bil.
Enterprise Value
12,91 Bil.
Graham Number
64.63
Graham NetNet
-18.29

Income Statement Metrics

Net Income per Share
8.68
Income Quality
1.32
ROE
0.43
Return On Assets
0.16
Return On Capital Employed
0.27
Net Income per EBT
0.79
EBT Per Ebit
0.99
Ebit per Revenue
0.17
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.35
Operating Profit Margin
0.17
Pretax Profit Margin
0.16
Net Profit Margin
0.13

Dividends

Dividend Yield
0.01
Dividend Yield %
1.24
Payout Ratio
0.29
Dividend Per Share
2.63

Operating Metrics

Operating Cashflow per Share
11.47
Free CashFlow per Share
9.97
Capex to Operating CashFlow
-0.13
Capex to Revenue
-0.02
Capex to Depreciation
-1.03
Return on Invested Capital
0.22
Return on Tangible Assets
0.19
Days Sales Outstanding
48.29
Days Payables Outstanding
45.04
Days of Inventory on Hand
83.97
Receivables Turnover
7.56
Payables Turnover
8.1
Inventory Turnover
4.35
Capex per Share
-1.5

Balance Sheet

Cash per Share
5,98
Book Value per Share
21,38
Tangible Book Value per Share
9.4
Shareholders Equity per Share
21.38
Interest Debt per Share
20.15
Debt to Equity
0.91
Debt to Assets
0.33
Net Debt to EBITDA
1
Current Ratio
2.07
Tangible Asset Value
0,54 Bil.
Net Current Asset Value
-0,43 Bil.
Invested Capital
0.91
Working Capital
0,86 Bil.
Intangibles to Total Assets
0.21
Average Receivables
0,55 Bil.
Average Payables
0,34 Bil.
Average Inventory
643546000
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Lincoln Electric Holdings, Inc. Dividends
Year Dividends Growth
1995 0
1996 0 0%
1997 1 0%
1998 0 0%
1999 0 0%
2000 1 0%
2001 1 0%
2002 1 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 100%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 100%
2016 1 0%
2017 1 0%
2018 2 0%
2019 2 0%
2020 2 0%
2021 2 50%
2022 2 0%
2023 3 0%

Lincoln Electric Holdings, Inc. Profile

About Lincoln Electric Holdings, Inc.

Lincoln Electric Holdings, Inc., through its subsidiaries, designs, develops, manufactures, and sells welding, cutting, and brazing products worldwide. The company operates through three segments: Americas Welding, International Welding, and The Harris Products Group. It offers welding products, including arc welding power sources, plasma cutters, wire feeding systems, robotic welding packages, integrated automation systems, fume extraction equipment, consumable electrodes, fluxes and welding accessories, and specialty welding consumables and fabrication products. The company's product offering also includes computer numeric controlled plasma and oxy-fuel cutting systems, and regulators and torches used in oxy-fuel welding, cutting, and brazing; and consumables used in the brazing and soldering alloys market. In addition, it is involved in the retail business in the United States. Further, the company manufactures copper and aluminum headers, distributor assemblies, and manifolds for the heating, ventilation, and air conditioning sector in the United States and Mexico. The company serves general fabrication, energy and process, automotive and transportation, and construction and infrastructure industries, as well as heavy fabrication, ship building, and maintenance and repair markets. It sells its products directly to users of welding products, as well as through industrial distributors, retailers, and agents. The company was founded in 1895 and is headquartered in Cleveland, Ohio.

CEO
Mr. Steven B. Hedlund
Employee
12.000
Address
22801 St. Clair Avenue
Cleveland, 44117

Lincoln Electric Holdings, Inc. Executives & BODs

Lincoln Electric Holdings, Inc. Executives & BODs
# Name Age
1 Mr. Christopher L. Mapes
Executive Chairman
70
2 Mr. Michael J. Whitehead
Senior Vice President and President of Global Automation, Cutting & Additive Businesses
70
3 Ms. Amanda H. Butler
Vice President of Investor Relations & Communications
70
4 Mr. Geoffrey P. Allman
Senior Vice President of Strategy & Business Development
70
5 Mr. Steven B. Hedlund
President, Chief Executive Officer & Director
70
6 Ms. Michele R. Kuhrt
Executive Vice President & Chief Human Resources Officer
70
7 Ms. Jennifer I. Ansberry
Executive Vice President, General Counsel & Secretary
70
8 Ms. Lisa A. Dietrich
Executive Vice President & Chief Information Officer
70
9 Mr. Douglas S. Lance
Senior Vice President & President of North America – Americas Welding
70
10 Mr. Gabriel Bruno
Executive Vice President, Chief Financial Officer & Treasurer
70

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