Lincoln Electric Executive Chair Mapes to retire Dec 31; CEO Hedlund becomes Chair

LINCOLN ELECTRIC HOLDINGS INC

Christopher L. Mapes to retire as Executive Chair and board member on December 31, 2024.
Steven B. Hedlund, President and CEO, elected Chair of the Board effective January 1, 2025.
Hedlund will hold both Chair and CEO roles; Board retains independent Lead Director Curtis E. Espeland.
Mapes' retirement is not due to any disagreement with the company on operations, policies, or practices.

item 5.02 item 9.01

Executive movements

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Departed

Christopher L. Mapes

Executive Chair

LECO · LINCOLN ELECTRIC HOLDINGS INC

Effective: 2024-12-31
Successor: Steven B. Hedlund
Filed: October 10, 2024, 7:59 PM ET

Christopher L. Mapes, Executive Chair of the Board of Directors of the Company (the “Board”), will retire from his position as Executive Chair and a member of the Board on December 31, 2024.

Role change

Steven B. Hedlund

Chair of the Board

LECO · LINCOLN ELECTRIC HOLDINGS INC

Effective: 2025-01-01
Filed: October 10, 2024, 7:59 PM ET

The Board has elected Steven B. Hedlund, currently President and Chief Executive Officer and a Director, as Chair of the Board, effective as of January 1, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher L. Mapes departed as Executive Chair at LINCOLN ELECTRIC HOLDINGS INC.

Action: retire
Role: Executive Chair

Exact text from the filing

Christopher L. Mapes, Executive Chair of the Board of Directors of the Company (the “Board”), will retire from his position as Executive Chair and a member of the Board on December 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven B. Hedlund was elected as Chair of the Board at LINCOLN ELECTRIC HOLDINGS INC.

Action: elected
Role: Chair of the Board

Exact text from the filing

The Board has elected Steven B. Hedlund, currently President and Chief Executive Officer and a Director, as Chair of the Board, effective as of January 1, 2025.

View on SEC.gov

LINCOLN ELECTRIC HOLDINGS INC filing history →

Source: SEC EDGAR

accession 0001193125-24-235948

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