Seifi Ghasemi is officially out as Air Products CEO, parting ways with the Lehigh Valley industrial gas giant after more than 10 years, unable to escape pressure from activist investors who sought ...
Industrial gases manufacturer Air Products said on Tuesday it has named former Linde executive Eduardo Menezes as its CEO and will succeed Seifi Ghasemi effective Feb. 7, amid pressure from activist ...
Seifi Ghasemi is out as the CEO of Air Products and Chemicals less than 2 weeks after losing control of the board at the ...
The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the ...
The provider of essential industrial gasses and chemicals said Tuesday that Eduardo Menezes has been appointed CEO, effective Feb. 7, and will join the board. He was previously an executive vice ...
UBS analyst Joshua Spector increased the price target for Air Products & Chemicals Inc. (NYSE:APD) to $385 from the previous ...
More recently, the company has garnered attention due to activist involvement. Paul Hilal's Mantle Ridge has acquired a stake exceeding $1 billion in APD, sparking speculation about potential changes ...
Air Products boss, Seifi Ghasemi has been ousted as Chair of the US industrial gas major after its shareholders elected board nominees from activist investor Mantle Ridge, but he will remain CEO for ...
Mantle Ridge — run by Paul Hilal, who is among the new board members — has been pushing for changes at Air Products, including the replacement of Ghasemi and improvements to the company’s ...
Change is coming for Air Products and Chemicals after the industrial gas company lost a boardroom fight with the activist ...
Air Products and Chemicals shareholders on Thursday handed victory to an activist investor who had pushed the industrial gases company to replace its 80-year-old chief, by electing three new directors ...
It looks like Air Products’ CEO could be on the way out after a shareholder vote on board of directors seats went the way of activist investor Mantle Ridge, which has been pushing for a change in ...