TUBE NEWS January 2017 | Page 7

Lincoln Electric General Counsel Frederick G . Stueber to Retire , Jennifer Ansberry Named Successor

Lincoln Electric Holdings , Inc . ( Nasdaq : LECO ) ( the “ Company ”) announced that Frederick G . Stueber will retire from the Company as Executive Vice President , General Counsel and Secretary in April 2017 .
Stueber ’ s retirement marks a distinguished 36- year career in law and 22 years as Lincoln Electric ’ s General Counsel and Secretary . While at Lincoln Electric , Stueber has led global litigation , corporate governance matters , mergers and acquisitions , corporate compliance , intellectual property , labor law and environmental , health and safety initiatives . He also served as a member of the senior Management Committee . During his tenure , he successfully led an industry defense group and collective plan against fume litigation which resulted in the dismissal of numerous cases against the Company and industry . Prior to joining Lincoln Electric in 1995 , Stueber served at Jones Day for 13 years , the last six years as a corporate partner . He started his career as a law clerk for Federal Chief Judge Andrew A . Caffrey following his graduation from Harvard Law School .
Christopher L . Mapes , Lincoln Electric ’ s Chairman , President and Chief Executive Officer stated , “ Fred has made innumerable contributions to the Company and has been a trusted strategic advisor and counselor to management and the Board . His
7 acumen , passion for law and his willingness to face tough challenges has led to the successful defense of the organization and a transformative approach to litigation in our industry . We thank Fred for his leadership in the organization , his community engagement on behalf of the Lincoln Electric Foundation , and wish him and his family our very best .”
Upon Stueber ’ s retirement , Jennifer I . Ansberry will be promoted to Executive Vice President , General Counsel and Secretary and she will serve as an officer of the Company . Ansberry joined Lincoln Electric in 2004 and serves as Vice President , Deputy General Counsel and oversees the Company ’ s legal function in global mergers and acquisitions , securities law compliance , corporate governance and other general corporate legal matters . She also leads the Company ’ s environmental , health and safety organization . Prior to joining Lincoln Electric , she served as an associate at Thompson Hine LLP and Keating , Muething & Klekamp LLP . She received her J . D . from the University of Cincinnati - College of Law and received a B . B . A . in accounting from the University of Cincinnati .
About Lincoln Electric
Lincoln Electric is the world leader in the design , development and manufacture of arc welding products , robotic arc welding systems , plasma and oxy-fuel cutting equipment and has a leading global position in the brazing and soldering alloys market . Headquartered in Cleveland , Ohio , Lincoln has 48 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 and its products and services , visit the Company ’ s website at : http :// www . lincolnelectric . com .
TN JANUARY 2017