Air Products Activist Investor Mantle Ridge Introduces 4 Director Nominees, CEO Candidate

MT Newswires Live01-08 00:16

Air Products and Chemicals (APD) activist investor Mantle Ridge on Tuesday introduced four director nominees to the company's board and its proposed chief executive candidate, Eduardo Menezes, through a series of video interviews.

Mantle Ridge, which said it owns $1.3 billion in Air Products shares, urged investors to vote for its nominees "to enhance Air Products' performance and create the long-term value that shareholders deserve."

Air Products issued a statement Tuesday saying its board is undertaking "a rigorous CEO succession plan."

"The board has clearly articulated a CEO succession plan to ensure a smooth transition between [Seifi] Ghasemi and his successor and has committed to providing an announcement of a new president and related timeline for CEO succession no later than March 31," the company said.

Air Products didn't immediately respond to a request for comment from MT Newswires regarding Mantle Ridge's statement.

The company's shares were more than 3% higher in recent trading.

Price: 290.21, Change: +6.97, Percent Change: +2.46

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2501781485?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-08 00:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2501781485","market":"sg","top_or_hot":-1,"title":"Air Products Activist Investor Mantle Ridge Introduces 4 Director Nominees, CEO Candidate","media":"MT Newswires Live","content":"<html><body><p> Air Products and Chemicals (APD) activist investor Mantle Ridge on Tuesday introduced four director nominees to the company's board and its proposed chief executive candidate, Eduardo Menezes, through a series of video interviews.</p><p>Mantle Ridge, which said it owns $1.3 billion in Air Products shares, urged investors to vote for its nominees \"to enhance Air Products' performance and create the long-term value that shareholders deserve.\"</p><p>Air Products issued a statement Tuesday saying its board is undertaking \"a rigorous CEO succession plan.\"</p><p>\"The board has clearly articulated a CEO succession plan to ensure a smooth transition between [Seifi] Ghasemi and his successor and has committed to providing an announcement of a new president and related timeline for CEO succession no later than March 31,\" the company said.</p><p>Air Products didn't immediately respond to a request for comment from MT Newswires regarding Mantle Ridge's statement.</p><p>The company's shares were more than 3% higher in recent trading.</p><p>Price: 290.21, Change: +6.97, Percent Change: +2.46</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Air Products Activist Investor Mantle Ridge Introduces 4 Director Nominees, CEO Candidate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAir Products Activist Investor Mantle Ridge Introduces 4 Director Nominees, CEO Candidate\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-08 00:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Air Products and Chemicals (APD) activist investor Mantle Ridge on Tuesday introduced four director nominees to the company's board and its proposed chief executive candidate, Eduardo Menezes, through...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4101","symbol_name":"工业气体","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2501781485","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2501781485","pubTimestamp":1736266578,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Air Products and Chemicals  activist investor Mantle Ridge on Tuesday introduced four director nominees to the company's board and its proposed chief executive candidate, Eduardo Menezes, through a series of video interviews.Mantle Ridge, which said it owns $1.3 billion in Air Products shares, urged investors to vote for its nominees \"to enhance Air Products' performance and create the long-term value that shareholders deserve.\"Air Products issued a statement Tuesday saying its board is undertaking \"a rigorous CEO succession plan.\"\"The board has clearly articulated a CEO succession plan to ensure a smooth transition between [Seifi] Ghasemi and his successor and has committed to providing an announcement of a new president and related timeline for CEO succession no later than March 31,\" the company said.Air Products didn't immediately respond to a request for comment from MT Newswires regarding Mantle Ridge's statement.The company's shares were more than 3% higher in recent trading.Pric","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4101":"工业气体","APD.AU":"APN Property Group Ltd","LU1670628061.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) INC","LU1894683348.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) INC","BK4550":"红杉资本持仓","APD":"空气化工","BK4588":"碎股","LU1894683264.USD":"AMUNDI FUNDS US EQUITY RESEARCH VALUE \"A2\" (USD) ACC","LU1670627923.USD":"M&G (LUX) NORTH AMERICAN DIVIDEND \"A\" (USD) ACC","AIRI":"Air Industries Group","BK4187":"航天航空与国防","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","BK4585":"ETF&股票定投概念","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC"},"translate_title":"空气产品公司激进投资者Mantle Ridge介绍4名董事提名人、首席执行官候选人","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AIRI":1,"APD.AU":1,"APD":0.9},"content_text":"Air Products and Chemicals (APD) activist investor Mantle Ridge on Tuesday introduced four director nominees to the company's board and its proposed chief executive candidate, Eduardo Menezes, through a series of video interviews.Mantle Ridge, which said it owns $1.3 billion in Air Products shares, urged investors to vote for its nominees \"to enhance Air Products' performance and create the long-term value that shareholders deserve.\"Air Products issued a statement Tuesday saying its board is undertaking \"a rigorous CEO succession plan.\"\"The board has clearly articulated a CEO succession plan to ensure a smooth transition between [Seifi] Ghasemi and his successor and has committed to providing an announcement of a new president and related timeline for CEO succession no later than March 31,\" the company said.Air Products didn't immediately respond to a request for comment from MT Newswires regarding Mantle Ridge's statement.The company's shares were more than 3% higher in recent trading.Price: 290.21, Change: +6.97, Percent Change: +2.46","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2501781485"}