Lincoln Electric Names Two New Company Officers
October 29 2008 - 2:31PM
PR Newswire (US)
-- Steven B. Hedlund appointed V.P., Strategy and Business
Development CLEVELAND, Oct. 29 /PRNewswire-FirstCall/ -- Lincoln
Electric Holdings, Inc. (NASDAQ:LECO) today announced the election
of Steven B. Hedlund as Vice President, Strategy and Business
Development, and Earl L. Ward as Vice President, Mergers,
Acquisitions and Investor Relations. (Photo:
http://www.newscom.com/cgi-bin/prnh/20081029/CLW100-a ) (Photo:
http://www.newscom.com/cgi-bin/prnh/20081029/CLW100-b ) In the
newly created position of Vice President, Strategy and Business
Development, Mr. Hedlund will be responsible for strategic
planning, strategic analysis and long-term project management for
the Company. He joins Lincoln after spending the past five years
with operating units of Fortune Brands, Inc., most recently as Vice
President of Growth and Innovation for Master Lock Company. Prior
to that assignment, he was Vice President, Strategic Planning and
New Business Development for the Home and Hardware Group. Before
joining Fortune Brands, Mr. Hedlund was a principal with the
management consulting firm Booz Allen & Hamilton in Cleveland.
Mr. Hedlund earned bachelor of arts and MBA degrees from Dartmouth
College. Also in a newly created position, Mr. Ward will be
responsible for Lincoln's mergers and acquisitions program and
investor relations. In addition, the risk management and corporate
relations departments will report to him. He joins the Company from
the former Washington Group International (WGI), which was acquired
in 2007 and is now known as the Washington Division of URS Corp. At
WGI, he was Treasurer and Vice President of Investor Relations.
Prior to that position, he served as Senior Vice President and
Chief Financial Officer for WGI's Energy & Environment and
Defense business units. Before joining WGI, Mr. Ward had a 20-year
career at Honeywell. He held several managerial positions of
increasing responsibility. His last position was Group Controller
for the Space Systems Division. Previous assignments included
Controller/Director of Information Technology for the Honeywell
Technology Center, and Director of Treasury Operations. Mr. Ward
holds a bachelor of science degree in finance from the University
of Colorado and an MBA from the University of Southern California.
Lincoln Electric is the world leader in the design, development and
manufacture of arc welding products, robotic arc-welding systems,
plasma and oxyfuel cutting equipment and has a leading global
position in the brazing and soldering alloys market. Headquartered
in Cleveland, Ohio, Lincoln has 39 manufacturing locations,
including operations, manufacturing alliances and joint ventures in
20 countries and a worldwide network of distributors and sales
offices covering more than 160 countries. For more information
about Lincoln Electric, its products and services, visit the
Company's Web site at http://www.lincolnelectric.com/ .
http://www.newscom.com/cgi-bin/prnh/20081029/CLW100-a
http://www.newscom.com/cgi-bin/prnh/20081029/CLW100-b DATASOURCE:
Lincoln Electric Holdings, Inc. CONTACT: (Media) Roy L. Morrow,
+1-216-383-4893, , or (Investors) Joseph P. Kelley,
+1-216-383-8346, , both of Lincoln Electric Holdings, Inc. Web
site: http://www.lincolnelectric.com/
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