Leadership & Pay ·
On June 10, 2026, ESAB Corporation appointed Mitchell P. Rales as Executive Chair of the Board and Rhonda Jordan as…
ESABESAB Corp
On June 10, 2026, ESAB Corporation appointed Mitchell P. Rales as Executive Chair of the Board and Rhonda Jordan as Lead Independent Director. The company granted performance-based stock option awards to Mr. Rales (1,200,000 shares), CEO Shyam P. Kambeyanda (580,552 shares), and other senior management. These options have an exercise price of $82.92 and a seven-year term. Vesting is tied to three stock price hurdles: $140, $170, and $200, each representing one-third of the award, with service requirements spanning four to six years. The grants are intended to retain key leadership following the acquisition of Eddyfi. ESAB operates in the industrial sector, providing welding and cutting equipment and consumables.