IHS Chemical Week

People & Business :: People/Executives

Air Products CEO to retire, new directors named to board

9:05 AM MDT | September 26, 2013 | Lindsay Frost

Air Products announced today that its CEO John McGlade will retire in 2014 and the company will name three new independent directors to its board of directors. The company has been under pressure since activist firm Pershing Square Capital Management (New York), a $10-billion hedge fund run by activist investor Bill Ackman, took a 9.8% stake in the company in August for $2.2 billion—making it Air Products' largest shareholder. The board formed a search committee and will commence a search with the help of a leading executive search firm, the company...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa