About

Steven B. Hedlund is Chairman and Chief Executive Officer of Lincoln Electric Holdings, Inc. He has served as Chief Executive Officer and a member of the board since January 2024 and was appointed Chairman effective January 1, 2025.

Over a career of more than 15 years with Lincoln Electric, Mr. Hedlund has held a variety of operational leadership roles, including Chief Operating Officer from May 2022 to December 2023, President, Americas and International Welding from October 2020 to May 2022, President, International Welding from June 2017 to October 2020, President, Global Automation, and Vice President, Strategy and Business Development. Before joining Lincoln Electric he held various executive leadership roles at Fortune Brands, Inc. and served as a principal with the management consulting firm Booz Allen & Hamilton.

Roles

Lincoln Electric Holdings Inc.
Chairman and Chief Executive Officer, Lincoln Electric Holdings, Inc. · Current role
2024–present
Lincoln Electric
Executive Vice President, Chief Operating Officer
2022–2023
Lincoln Electric
Executive Vice President and President, Americas and International Welding
2020–2022
Lincoln Electric
Executive Vice President and President, International Welding
2017–2020
Lincoln Electric
Senior Vice President and President, Global Automation
2015–2017
Lincoln Electric
Vice President / Senior Vice President, Strategy and Business Development
2008–2015
Fortune Brands, Inc.
Executive leadership roles · Held various roles prior to Lincoln Electric.
Booz Allen & Hamilton
Principal · Management consulting.

External Roles

Graco Inc. (NYSE: GGG)
Director

Fixed Compensation

FY 2025
Salary
$1,050,000
All other compensation
$341,258
Total compensation
$8,394,536

Performance Compensation

Data from FY 2025

Cash incentive

Non-equity incentive plan compensation
$1,301,615

Stock awards

Stock awards
$4,326,636
Option awards
$1,375,027

Also at Lincoln Electric Holdings Inc.

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