Air Products loses proxy fight to Mantle Ridge, CEO stays for now
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 and unseating the CEO from the board.
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.
Mantle Ridge gains three seats on Air Products board during shareholder vote
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 leadership in the executive position and on the board.
Mantle Ridge secures enough votes for board seats at Air Products, sources say
Activist investor Mantle Ridge has secured enough support from Air Products and Chemicals investors to win several seats on the industrial gases company's board of directors, two people familiar with the matter said on Wednesday.
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
Mantle Ridge: ISS recommends Air Products investors vote for nominees
Mantle Ridge LP, which, together with its affiliates, beneficially owns approximately $1.3B of the outstanding common shares of Air Products
Air Products elects new board members at annual meeting
LEHIGH VALLEY, Pa. - Industrial gases giant Air Products (NYSE:APD) announced the preliminary results from its Annual Meeting of Shareholders held today. Shareholders have elected a slate of directors to the company's board,
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 CEO ousted from board in power struggle, but will remain in interim capacity
Based on preliminary results released Thursday, Air Products announced the company’s new board of directors which, for the ...
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Air Products CEO unseated from board; Activist investors win 3 seats
Those candidates are Mantle Ridge founder Paul Hilal, as well as Andrew Evans, and Dennis Reilley. A fourth candidate, Tracy McKibben, was not selected. Also, Air Products CEO Seifi Ghasemi and ...
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Investors oust Ghasemi as Air Products Chair amid clean hydrogen challenge
Air Products boss, Seifi Ghasemi has been ousted as Chair of the US industrial gas major after its shareholders elected board ...
Air Products reports preliminary voting results fro 2025 Annual Meeting
Air Products (APD) reported preliminary voting results from its 2025 Annual Meeting of Shareholders held on January 23, 2025. Based on ...
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 ...