Lincoln Electric (LECO) Announces Chairman Change

Go back to Lincoln Electric (LECO) Announces Chairman Change

Lincoln Electric Announces Retirement of Executive Chair Christopher L. Mapes and Election of Steven B. Hedlund as Chair of the Board

October 10, 2024 4:30 PM EDT

CLEVELAND--(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. (the Company) (Nasdaq: LECO) today announced that Christopher L. Mapes, Executive Chair, will retire from his position as Executive Chair and a member of the Board of Directors on December 31, 2024. The Board of Directors has elected Steven B. Hedlund, currently Chief Executive Officer and a Director, to succeed Mr. Mapes as Chair of the Board, effective January 1, 2025. Mr. Hedlund will assume this position in addition to his role as President and Chief Executive Officer.

We thank Chris for his many years of service and congratulate him... More