Mantle ridge releases investor presentation highlighting need for change at air products and chemicals, inc.
Details years of operational underperformance, capital allocation missteps, poor project execution, and succession planning failures explains how air products' decade of board-led "refreshment" only deepened entrenchment and further eroded governance safeguards; current search for new subordinate to seifi ghasemi is perpetuation of status quo explains how air products can achieve long-term potential through shareholder-led board reconstitution and bona fide ceo succession plan offers compelling leadership "dream team" of industrial gas experts dennis reilley and eduardo menezes mantle ridge believes that under better stewardship and leadership, air products would today be worth over $425 per share, with a long runway of double-digit annual compounding into the future mantle ridge's four highly qualified director nominees – andrew evans, paul hilal, tracy mckibben, and dennis reilley – bring ideal mix of industrial gas, capital-intensive heavy industry, capital allocation and energy transition industry expertise as well as public company board leadership experience to fill critical needs on air products' board urges shareholders to vote the blue proxy card "for" mantle ridge's four highly qualified director nominees and "withhold" on the company nominees charles cogut, lisa a. davis, seifollah "seifi" ghasemi and edward l.
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