Air Products Stock Slides After COO Quits, Company Forms New Management Board

Group 1 - The chief operating officer of Air Products & Chemicals, Samir Serhan, has resigned effective immediately as the company forms a new management board [1][2] - A new 12-member management board has been established, led by CEO Seifi Ghasemi, to implement the company's "two-pillar growth strategy" focusing on industrial gases and clean hydrogen [1][2] - Air Products' stock fell approximately 5% following the announcement of the COO's resignation and management changes, trading at $249.46 [2] Group 2 - CEO Ghasemi stated that the management changes aim to streamline and optimize the global organization, reinforcing Air Products' position as the safest and most profitable industrial gas company [2]