LEHIGH VALLEY, Pa.,
Nov. 19, 2020 /PRNewswire/
-- Air Products (NYSE:APD) today announced that Margaret G. McGlynn has elected to retire from
the Company's Board of Directors, effective November 23, 2020 following
15 years of dedicated service.
Ms. McGlynn's decision to retire comes as she ends a full,
15-year term as an independent director on Air Products' Board, as
Air Products has a term limit of 15 years for directors in its
Corporate Governance Guidelines. Most recently, she served as a
member of the Company's Board's Corporate Governance and Nominating
Committee and its Management Development and Compensation
Committee.
Ms. McGlynn's contributions to the Air Products Board—including
extensive experience in global marketing, government relations,
public policy, mergers and acquisitions, and talent
management—derived from her prior leadership of the Global Vaccine
and Infectious Disease Division of Merck & Co., Inc.; her role
as president and chief executive officer of the International AIDS
Vaccine Initiative; and her service on several boards of
directors.
Commenting on Ms. McGlynn's decision to retire, Air Products
Chairman, President and Chief Executive Officer Seifi Ghasemi, said, "On behalf of the Board,
our management team and our more than 19,000 employees, I want to
thank Margie for 15 years of distinguished service on the Board,
during which she has contributed significant human resources,
governance and other expertise. Speaking personally, I am grateful
for Margie's guidance over the past six years as we have pursued
our strategic Five-Point Plan and made Air Products the best
performing industrial gas company in the world. We wish Margie
happiness and 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.
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SOURCE Air Products