Air Products Announces Executive Changes
September 28 2009 - 3:48PM
PR Newswire (US)
LEHIGH VALLEY, Pa., Sept. 28 /PRNewswire-FirstCall/ -- Air Products
(NYSE: APD) has made the following executive changes, effective
October 2009: Alexander W. Masetti has been appointed vice
president, Continuous Improvement, responsible for expanding and
institutionalizing Air Products' overall continuous improvement
activity, including capabilities such as Six Sigma and Lean.
Masetti joined Air Products in 1981 as an engineer in the company's
Career Development Program and subsequently held management
positions within the Process Gas Division. He has served as vice
president for the company's joint venture with San Fu Chemical
Company in Taipei, Taiwan; vice president for the company's Daido
Air Products Electronics joint venture in Osaka, Japan; and
director of Investor Relations. He most recently held the position
of vice president, Tonnage Gases North America. Masetti received a
B.S. degree in mechanical engineering from Lafayette College in
1981 and an M.B.A. from Lehigh University in 1986. Wilbur W. Mok
has been appointed vice president, North America Tonnage Gases,
succeeding Masetti. He will be responsible for leading, directing
and growing the North America Tonnage Gases business for existing
pipeline, franchise and on-site offerings and business
relationships. Mok joined Air Products in 1986 as a financial
analyst and subsequently held a variety of domestic and
international engineering, commercial and management positions. He
has served as president, Air Products China, and most recently held
the position of Asia region president. Mok received a B.S. degree
in electrical engineering from Northwestern University in 1984 and
an M.B.A. in finance from the University of Chicago in 1986.
Michael A. Olivares has been appointed vice president,
International. An expansion of his current role as vice president,
Latin America/South Africa, he now will have responsibility for the
continued growth and profitability of all of Air Products' major
international joint ventures and partnerships. Olivares joined Air
Products in 1978 as a participant in the company's Career
Development Program and held positions in engineering and
operations. Olivares has served in a variety of management roles,
including general manager for Air Products Puerto Rico and general
manager for the company's Bangkok Industrial Gas Ltd. joint venture
in Thailand. Olivares received a B.S. degree in mechanical
engineering from Drexel University in 1978 and an M.B.A. from
Temple University in 1991. Complete biographies and downloadable
photos are available in Air Products' Press Room at
http://www.airproducts.com/PressRoom/Biographies/ExecutiveBiographies.htm.
Air Products (NYSE:APD) serves customers in industrial, energy,
technology and healthcare markets worldwide with a unique portfolio
of atmospheric gases, process and specialty gases, performance
materials, and equipment and services. Founded in 1940, Air
Products has built leading positions in key growth markets such as
semiconductor materials, refinery hydrogen, home healthcare
services, natural gas liquefaction, and advanced coatings and
adhesives. The company is recognized for its innovative culture,
operational excellence and commitment to safety and the
environment. Air Products had fiscal 2008 revenues of $10.4
billion, operations in over 40 countries, and 21,000 employees
around the globe. For more information, visit
http://www.airproducts.com/. ***NOTE: This release may contain
forward-looking statements. Actual results could vary materially,
due to changes in current expectations. DATASOURCE: Air Products
CONTACT: Media, Debbie Bauer, +1-610-481-8061, ; Investors, Nelson
Squires, +1-610-481-7461, Web Site: http://www.airproducts.com/
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