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.
The United States is having a senior moment. As the country’s oldest president, at age 82, is followed by the second-oldest, ...
As previously reported, BofA analyst Steve Byrne downgraded Air Products (APD) to Neutral from Buy with an unchanged price target of $350. After ...
Air Products boss, Seifi Ghasemi has been ousted as Chair of the US industrial gas major after its shareholders elected board ...
Change is coming for Air Products and Chemicals after the industrial gas company lost a boardroom fight with the activist ...
Air Products and Chemicals is separating the roles of CEO and chair, as it comes under pressure from an activist investor to lay out a succession plan for the top job.
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.
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 ...
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