IHS Chemical Week

Chemical Week Magazine :: Viewpoint

Change in the Air

7:01 AM MDT | August 1, 2014

Early indications from the new Air Products CEO, Seifi Ghasemi, are that he will attempt to turn the company around by improving basic blocking and tackling rather radically changing course (p. 13). Ghasemi promises a detailed look at strategy by mid-September. He has, however, distilled what he calls the “elements of success” into four guiding principles: emphasizing cash generation, improving capital allocation, focusing on improving per share stock value, and decentralizing decision making. He also said on a 23 July investor call that he would...

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