| Business Summary | | Lincoln
Electric
Holdings,
Inc.
is
the
parent
of
The
Lincoln
Electric
Company
and
other
Lincoln
Electric
subsidiaries.
The
Company
is
a
full-line
manufacturer
of
welding
and
cutting
products.
Welding
products
include
arc
welding
power
sources,
wire
feeding
systems,
robotic
welding
packages,
fume
extraction
equipment,
consumable
electrodes
and
fluxes.
The
Company's
welding
product
offerings
also
include
regulators
and
torches
used
in
oxy-fuel
welding
and
cutting. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Lincoln
Electric
Holdings,
Inc.
is
a
full-line
manufacturer
of
welding
and
cutting
products.
For
the
six
months
ended
6/30/01,
net
sales
decreased
10%
to
$502
million.
Net
income
decreased
19%
to
$43.8
million.
Revenues
reflect
lower
industrial
customer
and
distributor
demand
due
to
market
softness
and
the
devaluation
of
foreign
currencies.
Net
income
also
reflects
a
decreased
gross
profit
due
to
lower
sales
volumes. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Anthony Massaro, 57 Chairman,
CEO, Pres and Chief Operating Officer | $1.9M | H. Jay Elliott, 59 CFO,
Sr. VP, Treasurer | 512K | John Stropki, Jr., 50 Exec.
VP, Pres- North America | 605K | Frederick Stueber, 47 Sr.
VP, Gen. Counsel and Sec. | 395K | James Schilling, 64 Sr.
VP of Corp. Devel. | 295K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|