Lincoln Electric Holdings Inc. announced that Michael J. Whitehead, Executive Vice President and President of Americas Welding, resigned effective August 28, 2026, to pursue other opportunities. The departure was not due to disagreements with management. Gary Konarska and Albert Castillo will jointly lead the Americas Welding division until a permanent successor is appointed. Lincoln Electric Holdings Inc. operates in the industrial manufacturing industry, specializing in welding products, consumables, equipment, and robotics.

Lincoln Electric Holdings reported second quarter 2026 net income of $158.5 million, or diluted EPS of $2.88, compared to $143.4 million and $2.56 in the prior year period. Net sales increased 12.0% to a record $1,219.7 million, driven by a 10.1% organic increase. Operating income rose to $220.6 million with an operating margin of 18.1%, while adjusted EPS was $2.93. The company generated $254 million in cash flows from operations and returned $120 million to shareholders through dividends and share repurchases. Lincoln Electric Holdings is a manufacturer of welding, cutting, brazing, and automation equipment and services.