Leading proxy advisory firm glass lewis recommends air products and chemicals, inc. shareholders vote "for" all four mantle ridge director nominees andrew evans, paul hilal, tracy mckibben, and dennis reilley
Glass lewis finds a "compelling" case for change at air products following "years of poor performance fueled by a spate of high-cost, low-visibility strategic expeditions pointedly departing from apd's core risk profile" report notes board has overseen a "faulty succession effort" and that certain of the company's "quantitative rebuttals heavily tax analytical veracity" glass lewis recognizes "mantle ridge's copious dissection of apd's track record" is "much more decisive" than air products' perspective on company's strategic pivot states that mantle ridge has "provided shareholders with a clear, credible and proportionate alternative backed by suitably experienced, independent candidates" while air products has a "functionally vacant succession framework slated to leave ceo seifi ghasemi in an indefinite position of influence" recommends shareholders vote "withhold" on seifi ghasemi and three other company nominees opposed by mantle ridge – charles cogut, lisa a. davis, and edward l.
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