Air Products rejects Mantle Ridge’s CEO overhaul proposal amid ...
1 day ago · Air Products has rejected shareholder Mantle Ridge’s proposal to appoint a new CEO and Board of Directors after the investment firm suggested Eduardo Menezes as a replacement CEO. Following Mantle Ridge’s proposal, the industrial gas giant was forced to issue a statement rejecting an overhaul in the CEO and Board of Directors.
Air Products Sends Letter to Shareholders Correcting Mantle …
1 day ago · √ Eduardo Menezes does not possess any public company CEO or board experience. Mantle Ridge admits in its December 10, 2024 letter to Air Products' shareholders that Mr. Menezes was passed over ...
Air Products' Board Issues Response to Mantle Ridge| News Release
2 days ago · News Center Leadership ... Mantle Ridge’s choice for CEO is Eduardo Menezes, who has never been a public company CEO, only had responsibility for one region when he worked at Linde, and, as acknowledged by Mantle Ridge, was passed over for CEO at Linde. ... Mantle Ridge has made outlandish claims that Messrs. Reilley and Menezes are ...
Activist investor pushes for new leadership, board overhaul at Air ...
1 day ago · The letters mark the latest exchange between the company and Mantle Ridge, which holds a $1.3B stake in Air Products and is proposing to replace Ghasemi as CEO with former Linde executive Eduardo ...
Air Products Board Rejects Mantle Ridge's CEO Pick, Defends $44B …
1 day ago · Air Products' (NYSE:APD) Board of Directors has issued a response to Mantle Ridge's shareholder letter, strongly opposing their proposed leadership changes. The Board criticizes Mantle Ridge's nominees, particularly Dennis Reilley for Chairman and Eduardo Menezes for CEO, citing concerns about their qualifications and experience.. The Board highlights that Reilley hasn't held a management ...
Former Linde executives team up with Mantle Ridge in push for …
Oct 15, 2024 · Dennis Reilley and Eduardo Menezes are teaming up with Hilal's investment firm Mantle Ridge LP which has built a stake of more than $1 billion in Air Products, said the people who are...
Activist investor makes its case for a shakeup at Air Products
4 days ago · News. Alerts & Free Apps; Lehigh Valley ... it has put forth Eduardo Menezes as a CEO candidate to replace Seifi Ghasemi, who has been at the helm of Air Products since 2014. Menezes was most ...
Mantle Ridge Reveals CEO Pick, Board Nominees in Major Air …
3 days ago · This proxy contest by Mantle Ridge represents a significant activist challenge to Air Products' current leadership. With a $1.3 billion stake, Mantle Ridge's campaign to replace four board members and the CEO signals deep concerns about operational performance. The selection of Eduardo Menezes as the proposed CEO candidate, backed by endorsement from a former Praxair executive, suggests a ...
Exclusive: Mantle Ridge nominates new board for Air Products, …
Nov 19, 2024 · Mantle Ridge wants to replace the company's CEO and has named Eduardo Menezes, a former executive vice president for Europe, Middle East and Africa at Linde, as a suitable candidate.
Air Products nominates two for board following activist investor ...
Nov 18, 2024 · Mantle Ridge could nominate directors including former Linde executives Dennis Reilley and Eduardo Menezes as challengers to the Air Products (APD) board, while DE Shaw will not put forward its...