Lincoln Electric Holdings Inc. announced that Vincent K. Petrella, executive vice president, chief financial officer and treasurer, will be succeeded by current executive vice president, finance, Gabriel Bruno, effective April 22, 2020. Petrella will continue to serve as executive vice president to assist the executive team with the transition of the finance and corporate strategy organization until his retirement later this year.
Gabriel Bruno is chief financial officer for Lincoln Electric.
Petrella joined Lincoln Electric in 1995 and held various finance positions with the company before being appointed chief financial officer and treasurer in 2004. During his 25-year tenure, he has been instrumental in shaping the company’s global financial and accounting, audit, strategy, investor relations and mergers and acquisitions functions, as well as driving the organization towards best-in-class financial performance.
“The board of directors and our executive team thank Vince for his significant contributions to Lincoln Electric and congratulate him on an exceptional career,” said Christopher L. Mapes, chairman, president and CEO. “As CFO, his leadership, financial stewardship and strategic acumen contributed to Lincoln Electric’s success through a period of tremendous growth, technological advancement, profit improvement and value creation for our shareholders. We all wish him a happy retirement and appreciate his support in ensuring a smooth transition.”
Vincent K. Petrella will continue to serve as executive vice president to assist the executive team with the transition of the finance and corporate strategy organization until his retirement later this year.
“It’s been an honor to serve all of the stakeholders of Lincoln Electric and I am proud of what we have accomplished as a company,” Petrella said. “With Gabe as my successor, I am confident in the transition and Gabe’s ability to help drive the company’s continued success.”
“Gabe is an outstanding executive whose leadership across diverse functions provides deep organizational knowledge to help advance our Higher Standard 2025 Strategy and capitalize on the opportunities ahead of us that will generate value for our stakeholders,” Mapes stated.
Bruno joined Lincoln Electric in 1995 and has held numerous leadership positions in finance, information technology and human resources, including corporate controller, chief information officer, chief human resources officer and, most recently, executive vice president, finance. Bruno has overseen the global finance function and external financial reporting and has worked extensively with global teams to drive strategic initiatives across various functions and geographies. Prior to Lincoln Electric, Bruno worked in the audit practice of PricewaterhouseCoopers. He received his accounting degree from John Carroll University.
Related Glossary Terms
- shaping
shaping
Using a shaper primarily to produce flat surfaces in horizontal, vertical or angular planes. It can also include the machining of curved surfaces, helixes, serrations and special work involving odd and irregular shapes. Often used for prototype or short-run manufacturing to eliminate the need for expensive special tooling or processes.