Steven Hedlund is Chairman and Chief Executive Officer of Lincoln Electric Holdings Inc (LECO). The company reported total compensation of $8,394,536 for fiscal year 2025.
| Salary | $1,050,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $4,326,636 |
| Option awards | $1,375,027 |
| Non-equity incentive plan | $1,301,615 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $341,258 |
| Total | $8,394,536 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Lincoln Electric Holdings Inc filed March 19, 2026, accession 0002071876-26-000032.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chairman and Chief Executive Officer | $1,050,000 | $0 | $4,326,636 | $1,375,027 | $1,301,615 | $0 | $341,258 | $8,394,536 |
| FY2024 | Chairman and Chief Executive Officer | $1,010,000 | $0 | $3,306,208 | $1,595,709 | $975,357 | $0 | $469,383 | $7,356,657 |
| FY2023 | Chairman and Chief Executive Officer | $798,833 | $0 | $1,469,165 | $980,006 | $1,890,704 | $0 | $194,930 | $5,333,638 |
Totals as disclosed in each year's own compensation disclosure for Lincoln Electric Holdings Inc.
| Peer-group chief executive median | $10,716,542 |
|---|---|
| Difference from that median | $-2,322,006 |
| Percentile within the disclosed peer group | 18th |
| Peers with a disclosed figure | 22 |
Medians and percentiles are computed across the peer group Lincoln Electric Holdings Inc discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Steven Hedlund this page | Chairman and Chief Executive Officer | $8,394,536 |
| Christopher Mapes | Executive Chair | $7,126,026 |
| Gabriel Bruno | Executive Vice President, Chief Financial Officer and Treasurer | $2,910,855 |
| Jennifer Ansberry | Executive Vice President, General Counsel and Secretary | $1,924,695 |
| Michael Whitehead | Executive Vice President, President, Americas Welding | $1,624,229 |
| Susan Edwards | Executive Vice President, Chief Human Resources Officer | $1,589,361 |
| Michele Kuhrt | Executive Vice President, Chief Transformation Officer | $1,472,933 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Lincoln Electric Holdings Inc compensation brief.
Steven Hedlund's compensation sits inside Lincoln Electric Holdings Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.