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Air Products' Board of Directors Appoints Eduardo F. Menezes CEO
APDAir Products and Chemicals(APD) Prnewswire·2025-02-04 14:00

Core Viewpoint - Air Products announces the appointment of Eduardo F. Menezes as the new CEO, succeeding Seifi Ghasemi, who has served the company for over 10 years [1][5][3] Leadership Changes - Wayne T. Smith has been named Chairman of the Board, and Dennis H. Reilley has been appointed Vice Chairman [2] - The new leadership team will collaborate closely with Mr. Menezes to advance the company's objectives [2] New CEO Profile - Eduardo Menezes brings over 35 years of experience in the industrial gases sector, having held senior roles at Linde plc and Praxair [3] - His previous role as EVP at Linde plc involved overseeing operations in more than 40 countries, generating over 8billioninsales[3]MenezesholdsanM.B.A.andadegreeinchemicalengineering,equippinghimwiththenecessaryexpertiseforhisnewrole[4]ContributionsofSeifiGhasemiSeifiGhasemihasbeenrecognizedforhisleadershipandcontributionstoAirProductsoverthepastdecade,focusingonprofitabilityandgrowth[5]Underhisleadership,thecompanyachievedsignificantadvancementsandsuccess,attributedtotheeffortsofitsdedicatedemployees[5]CompanyOverviewAirProductsisaleadingindustrialgasescompanywithover80yearsofoperation,focusingonenergy,environmental,andemergingmarkets[10]Thecompanyreportedfiscal2024salesof8 billion in sales [3] - Menezes holds an M.B.A. and a degree in chemical engineering, equipping him with the necessary expertise for his new role [4] Contributions of Seifi Ghasemi - Seifi Ghasemi has been recognized for his leadership and contributions to Air Products over the past decade, focusing on profitability and growth [5] - Under his leadership, the company achieved significant advancements and success, attributed to the efforts of its dedicated employees [5] Company Overview - Air Products is a leading industrial gases company with over 80 years of operation, focusing on energy, environmental, and emerging markets [10] - The company reported fiscal 2024 sales of 12.1 billion and operates in approximately 50 countries, with a market capitalization exceeding $65 billion [11]