Jan 8, 2025 · Air Products’ (NYSE:APD) Board of Directors today issued the following statement in response to Mantle Ridge’s Shareholder letter, issued today: Mantle Ridge is proposing that Air Products be controlled by Mantle Ridge’s hand-picked candidates for CEO and Chairman.

Jan 9, 2025 · Air Products’ Board of Directors sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders, which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025.

Dec 17, 2024 · Mantle Ridge Believes That Under Better Stewardship and Leadership, Air Products Would Today be Worth over $425 Per Share, with a Long Runway of Double-Digit Annual Compounding into the...

Oct 4, 2024 · Activist investor Mantle Ridge has a $1 billion-plus stake in industrial gas supplier Air Products and Chemicals, according to a person familiar with the matter. Mantle Ridge, run by...

Dec 13, 2024 · Mantle Ridge’s incoherent pivot from praising Air Products’ leaders to calling for their removal within the space of a few weeks underscores its lack of credibility and absence of any real plan to create shareholder value.

Dec 10, 2024 · Shareholders have the extraordinary opportunity to restructure the Company’s underperforming Board into a far stronger one, and in doing so, give Air Products a chance to reset to a far healthier course of consistent, low-risk, high-return growth, just like its competitors.

Dec 5, 2024 · Air Products said on Thursday Paul Hilal-backed activist investor Mantle Ridge has withdrawn its proposal to replace the company's entire board and will now go ahead with fewer than half of...

Jan 8, 2025 · Mantle's Ridge's Four Highly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – Can Help Air Products' Board to Improve Operational Efficiency,...

Nov 19, 2024 · NEW YORK (Reuters) - Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals, with the activist investor pushing the industrial gases maker to name a new CEO,...

Jan 9, 2025 · Mantle Ridge admits in its December 10, 2024 letter to Air Products' shareholders that Mr. Menezes was passed over for an "able alternative" as CEO of Linde. √ Further, Mr. Menezes has been...