Lincoln Electric Announces Senior Management Promotion
Lincoln Electric Holdings (Nasdaq: LECO) announced the promotion of Lisa Shapiro to Vice President, Corporate Controller, effective April 13, 2021.
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Rhea-AI Summary
Lincoln Electric Holdings (Nasdaq: LECO) announced the promotion of Lisa Shapiro to Vice President, Corporate Controller, effective April 13, 2021. In her new role, Shapiro will oversee global accounting, financial reporting, and tax compliance, reporting to CFO Gabriel Bruno. Shapiro, who joined Lincoln Electric in 2016, previously served as Director of Financial Reporting. Her experience at PricewaterhouseCoopers and her qualifications as a CPA position her to support the company's Higher Standard 2025 strategic initiatives.
Positive
- Promotion of Lisa Shapiro to VP shows internal growth and leadership stability.
- Shapiro's experience in financial roles enhances the company’s financial management.
Negative
- None.
Details
News Market Reaction – LECO
The recorded move for LECO in the trading session of this news was -1.90%.
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Lisa Shapiro Promoted to Vice President, Corporate Controller
CLEVELAND, April 13, 2021 (GLOBE NEWSWIRE) -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Lisa Shapiro has been promoted to Vice President, Corporate Controller. In this role, Shapiro will be responsible for overseeing global accounting and control functions, financial reporting, tax compliance and finance shared services. She will report to Gabriel Bruno, Executive Vice President, Chief Financial Officer and Treasurer.
“I am pleased to announce Lisa’s promotion as she brings extensive financial and change management experience to the position, which will help us advance our Higher Standard 2025 strategic initiatives,” said Gabriel Bruno, Executive Vice President, Chief Financial Officer and Treasurer.
Shapiro joined Lincoln Electric in 2016 as Senior Manager, External Reporting and has served as Director, Financial Reporting since 2018. Prior to joining Lincoln Electric, Shapiro held various positions at PricewaterhouseCoopers. She holds a master’s degree in Business Administration, with a concentration in accounting and finance, from the State University of New York at Buffalo and is a certified public accountant.
About Lincoln Electric
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment and has a leading global position in brazing and soldering alloys. Headquartered in Cleveland, Ohio, Lincoln has 55 manufacturing locations in 18 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 https://www.lincolnelectric.com.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0247397b-b129-4bfc-b654-cf39ad76e786
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