Air Products and Chemicals: Age Is The Wrong Number By Which To Judge A CEO
The United States is having a senior moment. As the country’s oldest president, at age 82, is followed by the second-oldest, an octogenarian
Air Products CEO ousted from board in power struggle, but will remain in interim capacity
Shareholders at Air Products voted not to reelect Chairperson Seifi Ghasemi to the Lehigh Valley Fortune 500 company’s board of directors, though Ghasemi is expected to remain CEO for an unspecified time.
Mantle Ridge Wins Three Air Products Board Seats as CEO Ghasemi Unseated
Mantle Ridge has been pushing for changes at Air Products, including the replacement of Seifi Ghasemi as chairman and CEO and improvements to the company’s strategy and capital allocation.
Air Products loses boardroom fight
Change is coming for Air Products and Chemicals after the industrial gas company lost a boardroom fight with the activist investment firm Mantle Ridge. This site uses cookies to enhance your user experience. By continuing to use this site you are agreeing to our COOKIE POLICY.
Mantle Ridge Secures Enough Votes for Board Seats at Air Products, Sources Say
Mantle Ridge, run by Paul Hilal, argued that Air Products needs to lay out a succession plan for CEO Seifi Ghasemi, allocate its capital differently and scale back on risky projects. The investment firm urged investors to elect its four candidates to the nine-member board.
Activist Wins Three Board Seats at Air Products, Including the CEO’s
Activist investor Mantle Ridge has secured three board seats and effectively ousted the chief executive of Air Products and Chemicals after a shareholder vote. Paul Hilal’s firm last year [built a mor
Boardroom Bloodbath: Activist Investor Ousts Air Products CEO in Power Struggle
Mantle Ridge shakes up Air Products (APD), securing board seats and pushing for a CEO change--what's next for the $71B giant?
Activist Mantle Ridge Wins Three Board Seats at Air Products
Activist investor Mantle Ridge has won three seats on the board of hydrogen supplier Air Products and Chemicals Inc.
LAST CHANCE TO VOTE: MANTLE RIDGE ASKS AIR PRODUCTS AND CHEMICALS, INC. SHAREHOLDERS TO CAST THEIR VOTE FOR CHANGE AND A BETTER FUTURE
Mantle Ridge LP, which, together with its affiliates (collectively, "Mantle Ridge"), beneficially owns approximately $1.3 billion of the outstanding common shares of Air Products and Chemicals, Inc.
Morning Call PA17d
A battle is developing for control of Lehigh Valley Fortune 500 company
At least two activist hedge funds have expressed dissatisfaction with industrial gas giant Air Products’ plan to find a successor to CEO Seifi Ghasemi. Mantle Ridge LP said in December that it ...
Air Products Reports Preliminary Voting Results from 2025 Annual Meeting of Shareholders
Welcomes Andrew Evans, Paul Hilal, Bob Patel, Dennis Reilley and Alfred Stern LEHIGH VALLEY, Pa., Jan. 23, 2025 /PRNewswire/ -- Air Products (NYSE: APD) today ...