Air Products loses proxy fight to Mantle Ridge, CEO stays for now
4 days ago · For Hilal, who founded Mantle Ridge in 2016, this marked the second time he tangled with Air Products after having been a partner at Pershing Square Capital Management when the hedge fund battled ...
Mantle Ridge secures enough votes for board seats at Air Products ...
4 days ago · Mantle Ridge, run by Paul Hilal, argued that Air Products needs to lay out a succession plan for CEO Seifi Ghasemi, allocate its capital differently and scale back on risky projects.
Air Products' Board Issues Response to Mantle Ridge| News …
Jan 8, 2025 · Air Products’ (NYSE:APD) Board of Directors today issued the following statement in response to Mantle Ridge’s Shareholder letter, issued today: Mantle Ridge is proposing that Air Products be controlled by Mantle Ridge’s hand-picked candidates for CEO and Chairman.
Activist Mantle Ridge Wins Three Board Seats at Air Products
3 days ago · Activist investor Mantle Ridge has won three seats on the board of hydrogen supplier Air Products and Chemicals Inc. Air Products shareholders voted to elect Mantle Ridge nominees Paul Hilal ...
Air Products Letter to Shareholders Correcting Mantle Ridge …
Jan 9, 2025 · Air Products’ Board of Directors sent a letter to shareholders in connection with its upcoming 2025 Annual Meeting of Shareholders, which will be held at 8:30 a.m. U.S. Eastern Time on January 23, 2025.
Mantle Ridge Files Definitive Proxy Statement and Sends Letter to Air …
Dec 10, 2024 · Mantle Ridge Has Identified Four Deeply Experienced and Qualified Nominees Who Bring the Relevant Industry Expertise and Public Company Board Experience to Restore Performance, Fix Capital...
Air Products BOD Issues Letter to Shareholders | News Release
Dec 13, 2024 · Mantle Ridge’s incoherent pivot from praising Air Products’ leaders to calling for their removal within the space of a few weeks underscores its lack of credibility and absence of any real plan to create shareholder value.
Mantle Ridge Scales Back Air Products Board Overhaul, …
Dec 5, 2024 · (Reuters) - Air Products said on Thursday Paul Hilal-backed activist investor Mantle Ridge has withdrawn its proposal to replace the company's entire board and will now go ahead with fewer...
Exclusive-Mantle Ridge Nominates New Board for Air Products, …
Nov 19, 2024 · NEW YORK (Reuters) - Mantle Ridge has nominated nine directors to replace the board at Air Products and Chemicals, with the activist investor pushing the industrial gases maker to name a new CEO,...
Mantle Ridge Issues Shareholder Letter Outlining the Path …
Jan 8, 2025 · Mantle's Ridge's Four Highly Qualified Director Nominees – Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley – Can Help Air Products' Board to Improve Operational Efficiency,...