Linde Appoints Sanjiv Lamba as Chief Operating Officer

Rhea-AI Summary

Linde plc (NYSE:LIN) has appointed Sanjiv Lamba as its new Chief Operating Officer, effective January 1, 2021. Lamba, who has been with Linde for 31 years in various roles including EVP APAC, will oversee multiple regional segments including the Americas, APAC, and EMEA, as well as Linde Engineering and Lincare. CEO Steve Angel expressed confidence in Lamba's ability to leverage digital initiatives and drive growth in healthcare, electronics, and clean energy.

Positive

• Sanjiv Lamba's appointment may bring fresh perspectives and strengthen leadership.
• Lamba's experience with digitalization initiatives could enhance operational efficiency and drive growth in key sectors.

Negative

• Concerns about continuity and transition as Lamba takes over a significant operational role.
• Potential experience gaps given the leadership change, which might affect strategic implementation.

GUILDFORD, UK / ACCESSWIRE / October 26, 2020 / Linde plc (NYSE:LIN; FWB:LIN) today announced that its Board of Directors has appointed Mr. Sanjiv Lamba to serve as the company's Chief Operating Officer effective January 1st, 2021. In this role, Mr. Lamba will be responsible for the regional operating segments of the Americas, APAC, and EMEA, as well as Linde Engineering, Lincare, and certain global functions, initiatives, and businesses. Mr. Lamba will report directly to Linde's CEO, Mr. Steve Angel, and relocate to Danbury, CT.

Prior to being named COO, Mr. Lamba served in several roles including EVP APAC, Head of Regional Business units - South & South East Asia, and various financial roles during his 31 years with Linde.

Commenting on today's announcement, Steve Angel said "Today's announcement is a reflection of the confidence I and the Board have in Sanjiv's ability to continue to drive Linde's performance by leveraging digitalization initiatives across every aspect of our business and capitalizing on opportunities for future growth including healthcare, electronics, and clean energy. Please join me in congratulating Sanjiv on his new and important role".

About Linde

Linde is a leading global industrial gases and engineering company with 2019 sales of $28 billion (€25 billion). We live our mission of making our world more productive every day by providing high-quality solutions, technologies, and services which are making our customers more successful and helping to sustain and protect our planet.

The company serves a variety of end markets including chemicals & refining, food & beverage, electronics, healthcare, manufacturing, and primary metals. Linde's industrial gases are used in countless applications, from life-saving oxygen for hospitals to high-purity & specialty gases for electronics manufacturing, hydrogen for clean fuels, and much more. Linde also delivers state-of-the-art gas processing solutions to support customer expansion, efficiency improvements, and emissions reductions.

For more information about the company and its products and services, please visit www.linde.com.

Investor Relations
Juan Pelaez
Phone: +1 203 837 2213
Email: juan.pelaez@linde.com

Media Relations
Anna Davies
Phone: +44 1483 244705
Email: anna.davies@linde.com

SOURCE: Linde plc via EQS Newswire

View source version on accesswire.com:
https://www.accesswire.com/612287/Linde-Appoints-Sanjiv-Lamba-as-Chief-Operating-Officer

FAQ

Who has been appointed as the new COO of Linde?

Sanjiv Lamba has been appointed as the new COO of Linde, effective January 1, 2021.

What will Sanjiv Lamba's responsibilities be as COO?

As COO, Lamba will manage the regional segments of the Americas, APAC, and EMEA, along with Linde Engineering and Lincare.

What is the expected impact of Lamba's appointment on Linde's growth?

Lamba is expected to leverage digitalization initiatives and capitalize on growth opportunities in healthcare, electronics, and clean energy.