Lincoln Electric Elects Two New Officers

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22 November 2011

Lincoln Electric Elects Two New Officers


Doug Lance, Vice President, Operations


Thomas Matthews, Vice President, R&D

(click photos for high-res image)
CLEVELAND -- Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced that Doug Lance and Thomas Matthews have been elected officers of the Company.  Mr. Lance was named Vice President, Operations, and Mr. Matthews was appointed Vice President, R&D.
 
In his new position, Mr. Lance will have responsibility for Lincoln's Cleveland operational processes and staff. Additionally, he will be responsible for Lincoln's welding equipment manufacturing operations in Torreon, Mexico.
 
Mr. Lance began his career at Lincoln Electric as an Engineering Trainee in April 1990, after graduating from the University of Toledo with a bachelor’s of science degree in mechanical engineering.  He has also completed Lincoln's International Business Development program at Thunderbird School of Global Management.
 
Throughout his 21-year career, Mr. Lance has held numerous positions of increasing responsibility with Lincoln's Consumable and Machine divisions, including the areas of plant engineering and quality assurance. He has also served as the Company's Mentor Plant Superintendent, Consumable Division General Manager and, most recently, Machine Division General Manager.
 
As Vice President of R&D, Mr. Matthews will have responsibility for Lincoln's North American product development processes and staff, and he will continue to coordinate the Company's design efforts around the world.
 
Mr. Matthews joined Lincoln as an Engineering Trainee in 1988 and was promoted to several product development positions prior to becoming Director of Machine R&D in 2004.  He earned a bachelor’s of science degree in physics, with minors in chemistry and mathematics, from Southern Oregon State College. He also completed post-graduate work in mechanical engineering at the University of Washington, earned an MBA from the Weatherhead School of Management at Case Western Reserve University, and completed Lincoln's International Business Development program at Thunderbird School of Global Management.
 
Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc-welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market.  Headquartered in Cleveland, Ohio, Lincoln Electric has 42 manufacturing locations, including operations and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries.

For more information about Lincoln Electric, its products and services, visit the Company's website at http://www.lincolnelectric.com.
 
CONTACT: Roy L. Morrow, +1-216-383-4893, Roy_Morrow@lincolnelectric.com
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