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Lincoln Electric Holdings Inc (LECO.OQ)

LECO.OQ on NASDAQ Stock Exchange Global Select Market

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8 Dec 2016
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Summary

Name Age Since Current Position

Christopher Mapes

54 2013 Chairman of the Board, President, Chief Executive Officer

Vincent Petrella

56 2014 Chief Financial Officer, Executive Vice President, Treasurer

Gabriel Bruno

48 2016 Chief Human Resource Officer, Executive Vice President

Frederick Stueber

62 2014 Executive Vice President, General Counsel, Secretary

George Blankenship

53 2016 Executive Vice President and President, Americas Welding

Geoffrey Allman

45 2014 Senior Vice President, Corporate Controller

Thomas Flohn

55 2014 Senior Vice President, President - Asia Pacific Region

Mathias Hallmann

53 2016 Senior Vice President, President - International Welding

Steven Hedlund

49 2015 Senior Vice President; President - Global Automation

David Nangle

59 2014 Senior Vice President,President of Harris Products Group

Michele Kuhrt

2016 Chief Information Officer

David Gunning

73 2013 Lead Independent Director

Curtis Espeland

51 2012 Independent Director

Stephen Hanks

65 2006 Independent Director

Michael Hilton

61 2015 Independent Director

G. Russell Lincoln

69 1989 Independent Director

Kathryn Lincoln

61 1995 Independent Director

William MacDonald

69 2007 Independent Director

Phillip Mason

65 2013 Independent Director

Hellene Runtagh

67 2001 Independent Director

George Walls

73 2003 Independent Director

Amanda Butler

Director - Investor Relations

Biographies

Name Description

Christopher Mapes

Mr. Christopher L. Mapes is the Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Mapes has served as President and Chief Executive since December 31, 2012. On December 21, 2013, Mr. Mapes was appointed as Chairman of the Board in addition to his other responsibilities. From September 2011 to December 31, 2012, Mr. Mapes served as the Chief Operating Officer of Lincoln Electric. From 2004 to August 2011, Mr. Mapes served as an Executive Vice President of A.O. Smith Corporation (a global manufacturer with a water heating and water treatment technologies business, which has residential, commercial, industrial and consumer applications) and the President of its former Electrical Products unit. Prior to joining A.O. Smith, he was the President, Motor Sales and Marketing of Regal Beloit Corporation (a manufacturer of electrical and mechanical motion control products). Mr. Mapes is a member of the Board of The Timken Company (NYSE: TKR), a position held since 2014.

Vincent Petrella

Mr. Vincent K. Petrella is the Chief Financial Officer, Senior Vice President, Treasurer of the Company. He was Senior Vice President, Chief Financial Officer and Treasurer from October 7, 2005 to February 19, 2014.

Gabriel Bruno

Mr. Gabriel Bruno is Executive Vice President, Chief Human Resources Officer of the Company. He served as Executive Vice President, Chief Information Officer & Interim Chief Human Resources Officer from March 7, 2015 to February 18, 2016; Executive Vice President, Chief Information Officer since February 19, 2014; Vice President, Chief Information Officer from May 1, 2012 to February 19, 2014; Vice President, Corporate Controller from 2005 to May 1, 2012.

Frederick Stueber

Mr. Frederick G. Stueber is Executive Vice President, General Counsel and Secretary in the Company since February 19, 2014. he was Senior Vice President, General Counsel and Secretary from 1996 to February 19, 2014.

George Blankenship

Mr. George D. Blankenship is Executive Vice President, President, Americas Welding of the Company. He served as Executive Vice President, President, Lincoln Electric North America in the company since February 19, 2014 to February 18, 2016. He was Senior Vice President; President, Lincoln Electric North America from July 30, 2009 to February 19, 2014; Senior Vice President, Global Engineering from October 7, 2005 to July 30, 2009; Senior Vice President; President, Lincoln Cleveland of The Lincoln Electric Company from January 8, 2008 to July 30, 2009; Senior Vice President, U.S. Operations of The Lincoln Electric Company from October 7, 2005 to January 8, 2008.

Geoffrey Allman

Mr. Geoffrey P. Allman has been appointed as Senior Vice President, Corporate Controller of the Company. Mr. Allman has served as Senior Vice President since January 1, 2014. Mr. Allman has also served as Corporate Controller since July 2012. Prior to his service as Corporate Controller, Mr. Allman was Regional Finance Director, North America, a position he held from October 2009 through July 2012.

Thomas Flohn

Mr. Thomas A. Flohn is Senior Vice President and President, Asia Pacific Region of the Company. He was Vice President, Regional President, Lincoln Electric Asia Pacific Region from November 4, 2013 to January 14, 2014. Vice President; President, Lincoln Electric Europe, Middle East & Africa (EMEA) from July 1, 2010 to November 4, 2013; Vice President; President, Lincoln Asia Pacific from January 1, 2005 to June 30, 2010.

Mathias Hallmann

Mr. Mathias Hallmann is Senior Vice President, President - International Welding of the Company. He served as Senior Vice President, President, LE Europe since February 19, 2014 to February 9th 2016. He was Vice President; President, Lincoln Electric Europe from November 4, 2013 to February 19, 2014. Prior to his service with the Company, Mr. Hallmann was Chief Executive Officer of Bohler Welding Holding GmbH (a leading manufacturer and provider of auxiliary materials and consumables for industrial welding and soldering applications) from December 2008 to March 2012, and its Chief Operating Officer from April 2008 to November 2008.

Steven Hedlund

Mr. Steven B. Hedlund is Senior Vice President and President, Global Automation of the Company. He was Senior Vice President, Strategy & Business Development from February 19, 2014 to January 22, 2015; Vice President, Strategy and Business Development from September 15, 2008 to February 19, 2014. Prior to his service with the Company, Mr. Hedlund was the Vice President, Growth and Innovations with Master Lock, LLC (a security products company) from June 1, 2005 to July 1, 2008.

David Nangle

Mr. David Nangle is Senior Vice President, President, Harris Products Group of the Company. He was Vice President, Group President of Brazing, Cutting and Retail Subsidiaries from January 12, 2006 to February 19, 2014.

Michele Kuhrt

Ms. Michele R. Kuhrt is appointed as Chief Information Officer of the Company. Effective July 1, 2016. She joined Lincoln Electric in 1997 as Director of Taxes and in 2006 was elected as a Company Officer and Senior Vice President, Tax with responsibility for Lincoln Electric's global tax matters and the U.S. payroll shared services center. Prior to joining Lincoln Electric, she was with Elsag Bailey Process Automation (a unit of ABB) and Pricewaterhouse Coopers. Ms. Kuhrt holds a bachelor's and master's degree in accountancy from Case Western Reserve University's Weatherhead School of Management and is a CPA.

David Gunning

Mr. David H. Gunning is an Lead Independent Director of the Company. Mr. Gunning is the former Vice Chairman of Cliffs Natural Resources, Inc. (an iron ore and coal mining company formerly known as Cleveland-Cliffs Inc), a position he held from 2001 until his retirement in 2007. Prior to that, Mr. Gunning served as Chairman, President and Chief Executive Officer of Capital American Financial Corp. Mr. Gunning is also a lawyer and practiced law for many years as a corporate partner with Jones Day. Mr. Gunning is a member of the Board of MFS Funds (since 2004), and is the Chair of the Board of the Funds. Mr. Gunning served on the Board of Cliffs Natural Resources, Inc. (2001 to 2007), Portman Mining Ltd. (2005 to 2008), Southwest Gas Corporation (2000 to 2004) and Development Alternatives, Inc. (pre-1993 to May 2013).

Curtis Espeland

Mr. Curtis E. Espeland is an Independent Director of the Company. Mr. Espeland has been Senior Vice President and Chief Financial Officer of Eastman Chemical Company (a chemical, fiber and plastic manufacturer) since 2008. Prior to his service as Senior Vice President and Chief Financial Officer, Mr. Espeland was Vice President, Finance and Chief Accounting Officer of Eastman Chemical from 2005 to 2008. Mr. Espeland has been Senior Vice President and Chief Financial Officer of Eastman Chemical Company (a chemical, fiber and plastic manufacturer) since 2008. Prior to his service as Senior Vice President and Chief Financial Officer, Mr. Espeland was Vice President, Finance and Chief Accounting Officer of Eastman Chemical from 2005 to 2008.

Stephen Hanks

Mr. Stephen G. Hanks is an Independent Director of the Company. Mr. Hanks spent 30 years with global engineering and construction company Morrison Knudsen Corporation and its successor Washington Group International, Inc., serving the last eight years as President, CEO and a member of its Board of Directors and retiring in January 2008. Mr. Hanks is a member of the Board of McDermott International, Inc. (NYSE: MDR), a position he has held since 2009, and Babcock & Wilcox Enterprises, Inc. (NYSE: BWC), a position he has held since July 2010. Mr. Hanks is also a member of the Board of The Washington Companies, which is privately-owned. Mr. Hanks’ executive leadership of a U.S. publicly-held company with international reach has provided him with extensive experience dealing with the issues that these companies confront. His diverse professional skill set, including finance (having served as CFO of Morrison Knudsen) and legal competencies (such as enterprise risk management, corporate compliance and legal strategy), make him a valuable member of the Board, the Finance Committee (where he is Chair) and the Compensation and Executive Development Committee. Mr. Hanks’ experience as a Chief Executive Officer and Chief Financial Officer of a publicly-held company qualifies him as an “audit committee financial expert.”

Michael Hilton

Mr. Michael F. Hilton is an Independent Director of the Company. Mr. Hilton is President and Chief Executive Officer of Nordson Corporation (a company that engineers, manufactures and markets differentiated products and systems used for the precision dispensing of adhesives, coatings, sealants, biomaterials, polymers, plastics and other materials, fluid management, test and inspection, UV curing and plasma surface treatment), a position he has held since 2010. Prior to joining Nordson, Mr. Hilton was the Senior Vice President and General Manager for Air Products and Chemicals, Inc. (a company that provides a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services) with specific responsibility for leading its $2B global Electronics and Performance Materials segment. Air Products serves customers in industrial, energy, technology and healthcare markets globally. Mr. Hilton has served on the Board of Ryder System, Inc. (NYSE: R) since 2012 and Nordson Corporation (Nasdaq: NDSN) since 2010.

G. Russell Lincoln

Mr. G. Russell Lincoln is an Independent Director of Lincoln Electric Holdings Inc. Mr. Lincoln is President of N.A.S.T. Inc. (a personal investment firm), a position he has held since 1996. Prior to joining N.A.S.T. Inc., Mr. Lincoln served as the Chairman and Chief Executive Officer of Algan, Inc. As an entrepreneurial businessman with experience, including 25 years running a $50 million business, Mr. Lincoln understands business risk and the importance of hands-on management. As the grandson of James F. Lincoln and as a long-term trustee, Mr. Lincoln provides the Board with his historic perspective on the Company’s unique culture and especially its incentive management system. His leadership role and his investment experience serve Lincoln Electric well as a member of the Audit and Finance Committees of the Board.

Kathryn Lincoln

Ms. Kathryn Jo Lincoln is an Independent Director of the Company. Ms. Lincoln is Chair and Chief Investment Officer of the Lincoln Institute of Land Policy—a leading educational institution teaching land economics and taxation. She has held this position since 1996, and in her role as CIO currently manages and directs all aspects of the Institute’s $550 million endowment. In her role as Chair, she is responsible for all Board development and governance and takes a leadership position in strategic planning. From 1999 through 2006, Ms. Lincoln previously served as President of the Lincoln Foundation, the non-profit foundation that supported the Lincoln Institute until the two entities merged in 2006. Ms. Lincoln is an Advisory Board Member of the Johnson Bank, Arizona Region, a position she has held since 2006, before which she was a Board member of the Johnson Bank, Arizona, N.A., beginning in 2001.

William MacDonald

Mr. William E. MacDonald, III, is an Independent Director of the Company. Mr. MacDonald is the former Vice Chairman of National City Corporation (a diversified financial holding company), a position he held from 2001 until his retirement in 2006, where he was responsible for its seven-state regional and national corporate banking businesses, the Risk Management and Credit Administration unit, Capital Markets and the Private Client Group. Mr. MacDonald joined National City in 1968 and, during his tenure, held a number of key management positions, including Senior Executive Vice President of National City Corporation and President and Chief Executive Officer of National City’s Ohio bank. Mr. MacDonald was a member of the Board of American Greetings Corporation from 2007 until September 2013 when the company was privatized. In addition, Mr. MacDonald served on the Board of MTC Technologies, Inc. from 2002 to 2008 and The Lamson & Sessions Co. from 2006 to 2007 when, in each case, the boards were dismantled as a result of divestitures.

Phillip Mason

Mr. Phillip J. Mason is an Independent Director of the Company. Mr. Mason is the former President of the Europe, Middle East & Africa Sector (EMEA Sector) of Ecolab, Inc. (a leading provider of food safety, public health and infection prevention products and services), a position he held from 2010 until his retirement in 2012. Mr. Mason brings 35 years of international business experience to the Board and its Audit and Finance Committees, including starting, developing and growing businesses abroad in both mature and emerging markets. Prior to leading Ecolab’s EMEA Sector, Mr. Mason had responsibility for Ecolab’s Asia Pacific and Latin America businesses as President of Ecolab’s International Sector from 2005 to 2010 and as Senior Vice President, Strategic Planning in 2004. Mr. Mason is a member of the Board of GCP Applied Technologies (NYSE: GCP). GCP Applied Technologies was spun off from W.R. Grace & Co. as of February 3, 2016.

Hellene Runtagh

Ms. Hellene S. Runtagh is an Independent Director of Lincoln Electric Holdings Inc. Ms. Runtagh is the former President and Chief Executive Officer of the Berwind Group (a diversified pharmaceutical services, industrial manufacturing and real estate company), a position she held in 2001. From 1997 through 2001, Ms. Runtagh was Executive Vice President of Universal Studios (a media and entertainment company). Prior to joining Universal Studios, Ms. Runtagh spent 27 years at General Electric Company (a diversified industrial company) in a variety of leadership positions. Ms. Runtagh has served on the Board of Harman International Industries, Inc. (NYSE: HAR) since 2008 and NeuStar, Inc. (NYSE: NSR) since 2006. In addition, Ms. Runtagh is a former member of the Board of IKON Office Solutions Inc., Avaya Inc. and Covad Communications Group.

George Walls

General George H. Walls, Jr., is an Independent Director of the Company. General Walls is the former Chief Deputy Auditor of the State of North Carolina, a position he held from 2001 through 2004. General Walls retired from the U.S. Marine Corps in 1993 with the rank of Brigadier General, after nearly 29 years of distinguished service. General Walls served on the Board of The PNC Financial Services Group, Inc. from 2006 to 2015 and Thomas Industries, Inc. from 2003 to 2005 when the board was dismantled as a result of a divestiture.

Amanda Butler