Obituary: Donald F. Hastings, former Lincoln Electric CEO
Former Lincoln Electric chief executive officer (CEO) Donald F. Hastings passed away on Dec. 27, 2016, at the age of 88. Hastings had a 44-year career at Lincoln Electric. He joined the company in 1953 as a trainee in its welding school after earning a degree in economics from Pomona College and a master’s degree in marketing from Harvard Business School. Hastings held various leadership positions in the organization. In 1986, he was named president and served as CEO and chairman of the board from 1992 to 1997. During his tenure as CEO, Hastings achieved consecutive quarterly sales
Lincoln Electric Invests in Welding Tech Center
Press release - The Lincoln Electric Company, a subsidiary of Lincoln Electric Holdings Inc., announced it is investing approximately $30 million in a new Welding Technology Center on its Euclid, Ohio campus. The Center will focus on the training of welding educators and industry leaders to address the rising demand for welding education and career pathways in welding and advanced manufacturing. Lincoln Electric will also dedicate resources to support welding training for veterans at this facility. Construction is expected to begin in early 2016 with an opening anticipated in 2017 -
