Monday, February 18, 2019America's Leading Online Business Magazine

Lincoln Electric Announces Senior Management Promotions

Daniel E. McMillIn, Jr. Promoted to Vice President, Corporate Controller 

Robert A. Nelson Promoted to Vice President, Finance, Americas Welding Segment

CLEVELAND, Feb. 11, 2019 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Daniel E. McMillin, Jr., has been promoted to Vice President, Corporate Controller. In this role, McMillin will be responsible for overseeing global finance functions and financial reporting and will report to Gabriel Bruno, Executive Vice President, Finance.

The Company also announced that Robert A. Nelson has been promoted to Vice President, Finance for the Americas Welding segment, effective March 1, 2019. In this role, Nelson will be responsible for leading the regional finance and accounting operations and will support the development of businesses within the segment. The position will report to Daniel E. McMillin, Jr., Vice President, Corporate Controller.

“I am pleased to announce the promotions of both Dan and Rob, as each brings deep and broad experience and understanding of the Company to their new positions,” said Gabriel Bruno, Executive Vice President, Finance. “Their extensive financial backgrounds and operations experience will be invaluable in helping us advance our strategic initiatives.”

McMillin joined Lincoln Electric in 2004 as the Director of Financial Reporting. During his 14-year tenure at Lincoln Electric, he has held several finance leadership positions including European Finance Director, International Controller, and was most recently Vice President, Finance, Americas Welding segment.  Prior to joining Lincoln Electric, McMillin held various finance and accounting positions with RTI International Metals, Inc. and Coopers & Lybrand. He holds a bachelor’s degree in accounting from Ohio University and is a certified public accountant.

Nelson joined Lincoln Electric in 1998 as an Accountant for Lincoln Electric Cleveland and held numerous roles of increasing responsibility in accounting and in operations in both Cleveland operations and in the Harris Products Group segment. Positions included Business Manager of the Automation Division, Finance Director for the Harris Products Group segment, and Director of Financial Planning and Analysis for North America. Most recently, Nelson served as General Manager, Machine Division in the Cleveland operation. He is a graduate of Ohio University with a bachelor of science in accounting.

About Lincoln Electric

Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market.  Headquartered in Cleveland, Ohio, Lincoln has 56 manufacturing locations, including operations 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 and its products and services, visit the Company’s website at www.lincolnelectric.com.

Contact

Amanda Butler
Vice President, Investor Relations & Communications
Tel: 216.383.2534
Email: Amanda_Butler@lincolnelectric.com

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/f71075e5-292c-4d55-8a35-d9371c991ad6

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