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 ...

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 ...

For months, Mantle Ridge founder Paul Hilal, the board nominees and industry executive Eduardo Menezes crisscrossed the country to press their case with mutual funds, pension funds and other ...

The appointment by Air Products of former Linde executive Eduardo Menezes as CEO marks a notable change of direction for the ...

Paul Hilal’s firm last year built a more than $1 billion stake in the industrial gas manufacturer and was pushing for the departure of CEO Seifi Ghasemi. Three of Mantle Ridge’s four proposed ...

Activist investor Mantle Ridge has won three board seats at Air Products & Chemicals in a shareholder vote that also saw the ouster of the industrial gas maker's chairman and lead independent director ...

ISS backed Mantle Ridge's founder Paul Hilal, former industry executive Dennis Reilley and Andrew Evans. The report also urged investors to withhold their votes from CEO Seifi Ghasemi, lead ...

Hedge fund Mantle Ridge's Paul Hilal is urging shareholders to replace Ghasemi and three other board members. Proxy advisory firm Institutional Shareholder Services expressed concerns with 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 ...

Activist investor Mantle Ridge has won three seats on the board of hydrogen supplier Air Products and Chemicals Inc. Air Products shareholders voted to elect Mantle Ridge nominees Paul Hilal ...