Shareholders elected three new directors Jan. 23, including Paul Hilal, who runs Mantle Ridge, unseating Ghasemi from the board. The power struggle between the Air Products board, which makes ...

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 ...

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 ...

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 ...

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 ...

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 ...

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

company’s annual shareholder meeting show that Mantle Ridge nominees Paul Hilal, Dennis Reilly and Andrew Evans were elected to the board.

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 ...