Lincoln Electric Holdings ( (LECO) ) just unveiled an announcement.
On February 19, 2025, Lincoln Electric Holdings announced that Kellye I. Walker would resign from its Board of Directors, effective at the 2025 annual meeting of shareholders. Her departure is not due to any disagreements with the company. Concurrently, the board expanded from eleven to twelve members, electing N. Joy Falotico, former President of The Lincoln Motor Company, as a new independent director. Falotico’s appointment is expected to enhance the board with her global leadership experience and financial expertise, supporting Lincoln Electric’s strategic initiatives for long-term growth. Additionally, Michele R. Kuhrt, Executive Vice President and Chief Transformation Officer, announced her retirement effective August 31, 2025, and will assist with the transition until then.
More about Lincoln Electric Holdings
Lincoln Electric Holdings is a global leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, and plasma and oxy-fuel cutting equipment. The company holds a leading global position in brazing and soldering alloys and is recognized for its expertise in materials science, software development, automation engineering, and application expertise. Headquartered in Cleveland, Ohio, Lincoln Electric operates 71 manufacturing and automation system integration locations across 20 countries and serves customers in over 160 countries.
YTD Price Performance: 12.17%
Average Trading Volume: 290,588
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $11.7B
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