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Welding Expert Lincoln Electric welcomes Mr. Chambers and declares dividend

Lincoln Electric announces Brian D. Chambers, as a member of the Board of Directors. The welding expert declares the dividend for the 2022 first quarter.

Welcome to the Board, Mr. Chambers

Brian D. Chambers, who is Chair and Chief Executive Officer of Owens Corning; joined Lincoln Electric’s Board of Directors. The Board chose him to serve on the Audit and the Finance Committees.

This appointment expands Lincoln Electric’s Board to 13 directors. In total, the team has a number of 12 independent members; as well as non-employee directors.

Mr. Chambers is Chief Executive Officer of Owens Corning. This is a global building and construction materials leader in 2019; in addition to an elected Chair in 2020. Mr. Chambers has worked for over 17 years with the company. During this period, he also served in several senior leadership roles.

“Brian’s extensive leadership roles bring a global perspective; as well as a strategic and innovative mindset. This leadership will enhance our focus on sustainability. The goal is to lend tremendous value in helping us to advance our Higher Standard 2025 Strategy.”

Words of Christopher L. Mapes, Chairman. President; and Chief Executive Officer.

Mr. Chambers is a prominent figure in the industry; he also held commercial and operational roles. For example, he served at Owens Corning at Saint-Gobain; Honeywell; and others like BOC Gases.

Mr. Chambers has a bachelor’s degree from Bowling Green State University. The Chief Executive Officer count with a master’s degree from Northwestern University.

2022 first-quarter dividend

The board of Directors at Lincoln Electric Holdings, Inc. declared a quarterly cash dividend of $0.56 per common share. The dividend will be payable on April 15, 2022. This action is to meet the shareholders’ target of record as of March 31, 2022.

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A global expert in welding

Lincoln Electric is a world leader in solutions. Particularly the engineering, design, and manufacturing of advanced arc welding answers in industry. This enterprise produces too automated joining and assembly; as well as cutting systems, plasma and oxy-fuel cutting equipment.

The company is the Welding Expert™ for its leading material science and software development; in addition to automation engineering, or application expertise. As well as advancing customers’ fabrication capabilities. These abilities could help to reach the goal to help them build a better world.

The activities of Lincoln Electric are based in Cleveland, on Ohio. The company has a number of 56 manufacturing locations in more than 19 countries; and a worldwide network of many and reliable distributors. Also, they count with sales offices; which are serving customers in over 160 countries. For more information clic here

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