2023-07-27 10:03:23 ET
- Lincoln Electric Holdings Inc ( NASDAQ: LECO ) on Thursday announced that Christopher Mapes will retire from his role as President and Chief Executive Officer on Dec. 31.
- Chief Operating Officer Steven Hedlund will be taking over the role of President and CEO effective January 1, 2024.
- Hedlund joined Lincoln Electric in 2008 as Vice President, Strategy and Business Development and a member of the executive leadership team.
- The company also reported 9.4% rise in Q2 net sales to $1.06 million.
- LECO -0.96% premarket to $202.0.
- Source: Press Release
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Lincoln Electric announces retirement of CEO Christopher Mapes