Lincoln Electric Extends Peter M. Pletcher’s Role as Senior Vice President, President International
August 01 2022 - 4:30PM
Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”) today
announced that Peter M. Pletcher, Senior Vice President, President
International, will now oversee the Company’s businesses in the
Middle East, Africa, and Asia Pacific regions in addition to his
current responsibility for operations in Europe, Turkey and the CIS
region.
Pletcher succeeds Steve Hedlund, who was recently
promoted to Executive Vice President, Chief Operating Officer. In
this role, Pletcher will lead the International Welding segment’s
Higher Standard 2025 Strategy initiatives to accelerate growth and
improve margin and return performance. He will report to Steve
Hedlund and will continue to serve as a member of Lincoln
Electric’s Management Committee.
“Peter’s strong leadership and execution of our
Lincoln Business System and commercial initiatives in Europe has
generated tremendous value and improved our long-term competitive
position in the region,” stated Steven B. Hedlund, Lincoln
Electric’s Executive Vice President, Chief Operating Officer. “His
expanded oversight of Asia Pacific will continue to advance
operational excellence and market differentiation to drive growth
and value creation.”
Pletcher joined
Lincoln Electric in 1995 and has held leadership positions in
sales, applications engineering, marketing, product development and
operations. Most recently, he has been leading the Company’s
European business as Senior Vice President, President
International. Prior to that position, Pletcher led the Company’s
Automation business. Pletcher holds a Bachelor of Science degree in
Mechanical Engineering from LeTourneau University, an MBA from
Rutgers University, and completed the Advanced Management Program
at Harvard Business School.
About Lincoln Electric
Lincoln Electric is the world leader in the
engineering, design, and manufacturing of advanced arc welding
solutions, automated joining, assembly and cutting systems, plasma
and oxy-fuel cutting equipment, and has a leading global position
in brazing and soldering alloys. Lincoln is recognized as the
Welding Expert™ for its leading materials science, software
development, automation engineering, and application expertise,
which advance customers’ fabrication capabilities to help them
build a better world. Headquartered in Cleveland, Ohio, Lincoln has
56 manufacturing locations in 19 countries and a worldwide network
of distributors and sales offices serving customers in over 160
countries. For more information about Lincoln Electric and its
products and services, visit the Company’s website
at https://www.lincolnelectric.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/764570b4-7e52-44e1-a356-082e62da3b00
The photo is also available at Newscom,
www.newscom.com, and via AP PhotoExpress.
Contact
Amanda Butler
Vice President, Investor Relations & Communications
Tel: 216.383.2534
Email: Amanda_Butler@lincolnelectric.com
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