In 2023, Christopher L. Mapes earned $6.80M in total compensation at Lincoln Electric Holdings, including $1.11M salary, $2.78M bonus and $2.59M in stock. Most recently acquired 89 shares in Jul 2024. Currently holds stock worth $29.61M. Has donated $1.84M in stock to charitable causes. Has led Lincoln Electric Holdings for over 13 years.
Compensation History
Annual executive compensation data for Christopher L. Mapes, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$6.80M
Salary
$1.11M
Bonus
$2.78M
Other
$320.35K
Salary
$1.11MBoard Justification
The compensation philosophy emphasizes pay for performance, aligning executive compensation with the achievement of financial and operational goals, while maintaining a competitive market position.
Bonus
$2.78MBoard Justification
The annual bonus (EMIP) for 2023 was based on the achievement of company financial performance against budget and individual performance goals, with an average payout of 170% above target amounts.
Other Compensation
$320.35KBoard Justification
Other compensation includes benefits such as financial planning, physical examinations, and club dues, totaling $320,347.
Restricted Stock
Board Justification
The RSUs granted in 2023 vest in full after three years, with a total of 11,924 shares vested in 2023.
Performance Metrics
The performance metrics for 2023 included Adjusted Revenue, Adjusted EBITB, and AOWC/Sales for Compensation Purposes.
Christopher L. Mapes
CEO of Lincoln Electric Holdings
Education
MBA and a law degree
Field of Expertise
Manufacturing & Industrial - Manufacturing
Sector of Economy
Industrials
Born
January 1, 1965 - 60 years ago
CEO of Lincoln Electric Holdings for
13 years 0 months (Dec 2012 - Present)
Previous Experience
Executive Vice President of A.O. Smith Corporation
Holdings
Track Christopher L. Mapes's stock holdings and portfolio value over time.
Total Stock Sold
$128.21M
$125.89M
671,865 LECO shares
$2.31M
110,340 AOS shares
What if they kept their stock?
If Christopher L. Mapes didn't sell their stock, today they would have:
Extra LECO671,865 shares worth $163.52M and AOS110,340 shares worth $7.41M.
This is 33.33% and $42.73M more than what they got when they sold the stock.
Charitable Transactions
7,565 shares
LECO
Recent Charitable Transactions
5,565 shares
LECO
Nov 2, 2020
Charity
2,000 shares
LECO
Dec 13, 2019
Charity
Insider Trading
Christopher L. Mapes's recent stock transactions, purchases, and sales filed with the SEC.
$22.28K
NDSN at $250.33/share
Jul 31, 2024
Received
1,845 shares
TKR
May 3, 2024
Received
$22.46K
NDSN at $258.19/share
Apr 30, 2024
Received
$140.06K
AOS at $86.14/share
Apr 9, 2024
Received
$39.83M
LECO at $249.18/share
Mar 13, 2024
Sale
$4.41M
LECO at $252.93/share
Mar 1, 2024
Sale
30,468 shares
LECO
Mar 1, 2024
Received
$16.34M
LECO at $247.90/share
Feb 20, 2024
Sale
$2.37M
LECO at $245.10/share
Feb 17, 2024
Sale
7,890 shares
LECO
Feb 20, 2024
Received
Rivals
Compare Christopher L. Mapes with competitor CEOs and industry peers.
Vicente Reynal
CEO of Ingersoll Rand
2023 Compensation
Stock
$0.00
Salary
$1.13M
Bonus
$3.43M
Other
$175.95K
Total Holdings
$49.37M
Richard J. Tobin
CEO of Dover
2023 Compensation
Stock
$3.25M
Salary
$1.29M
Bonus
$2.00M
Other
$207.19K
Total Holdings
$104.20K
Tod E. Carpenter
CEO of Donaldson Company
2022 Compensation
Stock
$0.00
Salary
$1.06M
Bonus
$1.28M
Other
$182.89K
Total Holdings
$850.82K
Mark W. Sheahan
CEO of Graco
2023 Compensation
Stock
$0.00
Salary
$985.00K
Bonus
$1.30M
Other
$26.76K
Total Holdings
$110.45K
Christopher Rossi
CEO of Kennametal
2022 Compensation
Stock
$0.00
Salary
$962.06K
Bonus
$195.84K
Other
$0.00
Total Holdings
$1.43M
E. Scott Santi
CEO of Illinois Tool Works
2022 Compensation
Stock
$0.00
Salary
$1.40M
Bonus
$0.00
Other
$0.00
Total Holdings
$634.58M