STOCK TITAN

Susan K. Carter to Leave Air Products' Board Following 10 Years of Dedicated Service

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Air Products (NYSE:APD) announced the departure of Susan K. Carter from its Board of Directors effective September 30, 2021, after 10 years of service. Ms. Carter, a member of both the Audit and Finance Committee and the Management Development and Compensation Committee, has extensive experience in finance and operations. CEO Seifi Ghasemi expressed gratitude for her contributions, highlighting her expertise in various domains, including acquisitions and corporate governance. Air Products, with a market capitalization of about $60 billion, focuses on providing industrial gases and solutions for energy and environmental needs.

Positive
  • Susan K. Carter's decade of service on the Board reflects stability and continuity in leadership.
  • Carter’s expertise in finance and operations has contributed to strategic decision-making at Air Products.
Negative
  • None.

LEHIGH VALLEY, Pa., Sept. 13, 2021 /PRNewswire/ -- Air Products (NYSE:APD) today announced that Susan K. Carter will leave the Company's Board of Directors effective September 30, 2021 following 10 years of dedicated service.

Most recently, Ms. Carter served as a member of the Air Products Board's Audit and Finance Committee and Management Development and Compensation Committee. Over the past decade, she has contributed her significant experience in financial reporting, information technology, accounting, finance and capital management, investor relations and international operations, underpinned by her prior roles as chief financial officer of several global, publicly held companies.

Commenting on Ms. Carter's contributions, Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi, said, "We have benefitted greatly from Sue's broad expertise in finance, as well as operations, acquisitions and divestitures, cross-border investments, capital markets transactions and corporate governance. I want to personally thank Sue for her 10 years of dedicated service on our Board, particularly these last seven years, as we have executed Air Products' strategy and delivered on our higher purpose – providing solutions to the world's significant energy and environmental needs. On behalf of all of our entire team at Air Products, we thank Sue and wish her all the best in the future."

About Air Products

Air Products (NYSE:APD) is a world-leading industrial gases company in operation for 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.

The Company had fiscal 2020 sales of $8.9 billion from operations in 50 countries and has a current market capitalization of about $60 billion. More than 19,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.   

Cision View original content:https://www.prnewswire.com/news-releases/susan-k-carter-to-leave-air-products-board-following-10-years-of-dedicated-service-301375448.html

SOURCE Air Products

FAQ

Who is leaving the Air Products Board of Directors?

Susan K. Carter is leaving the Air Products Board effective September 30, 2021.

How long did Susan K. Carter serve on the Air Products Board?

Susan K. Carter served on the Air Products Board for 10 years.

What is Air Products' market capitalization?

Air Products has a market capitalization of approximately $60 billion.

What committees was Susan K. Carter a part of at Air Products?

She was a member of the Audit and Finance Committee and the Management Development and Compensation Committee.

When did the announcement about Susan K. Carter's departure occur?

The announcement was made on September 13, 2021.

Air Products & Chemicals, Inc.

NYSE:APD

APD Rankings

APD Latest News

APD Stock Data

70.49B
222.31M
0.36%
89.24%
1.97%
Specialty Chemicals
Industrial Inorganic Chemicals
Link
United States of America
ALLENTOWN