Lincoln Electric Holdings CEO Christopher Mapes' 2019 pay slips 1% to $7M
Lincoln Electric Holdings reports 2019 executive compensation
By ExecPay News
Published: March 20, 2020
Lincoln Electric Holdings reported fiscal year 2019 executive compensation information on March 20, 2020.
In 2019, five executives at Lincoln Electric Holdings received on average a compensation package of $3M, a 3% increase compared to previous year.
Average pay of disclosed executives at Lincoln Electric Holdings
Christopher L. Mapes, Chief Executive Officer, received $7M in total, which decreased by 1% compared to 2018. 38% of Mapes' compensation, or $2.7M, was in stock awards. Mapes also received $51K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $1.3M in option awards, $1M in salary, as well as $208K in other compensation.
Vincent K. Petrella, Chief Financial Officer, received a compensation package of $2.7M, which increased by 15% compared to previous year. 26% of the compensation package, or $691K, was in stock awards.
George D. Blankenship, Executive Vice President, President, Americas Welding, earned $2.2M in 2019, a 7% increase compared to previous year.
Steven B. Hedlund, Executive Vice President, President, International Welding, received $1.9M in 2019, which decreases by 1% compared to 2018.
Jennifer I. Ansberry, General Counsel, earned $1.5M in 2019, which is about the same as previous year.
Related executives
Christopher Mapes
Lincoln Electric Holdings
Chief Executive Officer
Vincent Petrella
Lincoln Electric Holdings
Chief Financial Officer
George Blankenship
Lincoln Electric Holdings
retired Former Executive Vice President, President, Americas Welding
Steven Hedlund
Lincoln Electric Holdings
Executive Vice President, President, Americas and International Welding
Jennifer Ansberry
Lincoln Electric Holdings
General Counsel
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Source: SEC filing on March 20, 2020.