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CLEVELAND – Lincoln Electric Holdings, Inc. (NASDAQ: ), a global leader in welding and cutting solutions, announced the appointment of Susan C. Edwards as its new senior vice president and chief human resources officer (CHRO), effective in 2024 Effective April 8, Edwards will oversee the company’s global human resources strategy and operations, including talent management, employee development, and compensation and benefits.
Edwards brings more than three decades of human resources experience to Lincoln Electric, most recently serving as global vice president and chief human resources officer seal air (NYSE: ), Inc. Her career experience includes positions at Circor International (NYSE:), Snap-On Incorporated (NYSE:), Lear (NYSE: ) Corporation and Dana Corporation. She holds a Bachelor of Science degree from East Tennessee State University and an MBA in International Business from Marquette University.
In her new role, Edwards will report directly to Lincoln Electric President and Chief Executive Officer Steven B. Hedlund. Hedlund is confident in Edwards’ ability to contribute to the company, highlighting her extensive experience in talent acquisition, development, succession planning and employee engagement. He also thanked Edwards’ predecessor, Michele Kuhrt, for her contributions as chief human resources officer (CHRO) and congratulated her on her new role as executive vice president and chief transformation officer. New positions.
Headquartered in Cleveland, Ohio, Lincoln Electric operates in 21 countries with 71 manufacturing and automation systems integration locations. The company is known for its expertise in materials science, automation engineering and applications knowledge, which supports its customers’ manufacturing capabilities.
This leadership change is part of Lincoln Electric’s ongoing efforts to enhance workforce planning and sustain a high-performance culture. Information about the appointment is based on a press release from Lincoln Electric Holdings.
Investment Professional Insights
Lincoln Electric Holdings Inc. (NASDAQ: LECO) welcomes Susan C. Edwards as its new senior vice president and chief human resources officer, as the company’s financial health and market performance remain a focus for investors. Edwards joins the team at a time when Lincoln Electric is showing solid financial metrics and has a market capitalization of $14.21 billion, demonstrating its significant position in the industry.
InvestingPro data highlights that the company’s revenue grew by 11.44% in the trailing 12 months to the fourth quarter of 2023, reflecting its ability to increase sales and strengthen its market position. Furthermore, the company’s gross profit margin was 35.25%, demonstrating its efficiency in managing cost of sales and maintaining profitability.
One of Lincoln Electric’s InvestingPro secrets includes its exceptional record of raising its dividend for 27 consecutive years, demonstrating its commitment to returning value to shareholders. Additionally, the company has maintained its dividend payments for an impressive 51 consecutive years, providing investors with a sense of reliability and financial stability.
For investors looking for more in-depth analysis and other InvestingPro tips, they can explore additional insights about Lincoln Electric by visiting https://www.investing.com/pro/LECO. There are 15 additional tips to help you gain a more complete understanding of your company’s financial health and market performance.To gain access to these insights, readers can use the coupon code PRONEWS24 Subscribe to Pro and Pro+ annually or every two years to receive an additional 10% discount to enhance their investment research with valuable real-time data.
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