Air Products Forms Management Board to Drive Growth and Energy Transition
Key Ideas
- Air Products announced the formation of a Management Board led by Chairman, President, and CEO Seifi Ghasemi to execute the company's growth strategy focusing on industrial gases business optimization and clean hydrogen advancement.
- The Management Board includes talented senior leaders from across the globe who will directly report to Ghasemi, streamlining the global organization and enhancing project execution capabilities.
- Air Products' base business provides essential industrial gases to various industries while also developing and operating clean hydrogen projects to support the transition to low-carbon energy in transportation and industrial sectors.
- With fiscal 2023 sales of $12.6 billion and a market capitalization of over $50 billion, Air Products aims to drive sustainability, innovation, and environmental benefits through its operations and diverse workforce.
Air Products has announced the establishment of a Management Board with immediate effect to drive the company's growth strategy centered on optimizing its core industrial gases business and advancing clean hydrogen initiatives. Led by Chairman, President, and CEO Seifi Ghasemi, the board comprises talented senior leaders from various regions who will directly report to Ghasemi. The primary objective is to streamline the global organization and enhance project execution capabilities. Ghasemi emphasized the company's commitment to maintaining its position as the safest and most profitable industrial gas company globally.
Air Products, operating for over 80 years, focuses on serving energy, environmental, and emerging markets with a strong emphasis on sustainability. The company's base business involves supplying industrial gases, equipment, and applications expertise to industries like refining, chemicals, metals, and manufacturing. Additionally, Air Products is actively involved in developing and operating clean hydrogen projects to facilitate the transition towards low-carbon energy in transportation and industrial sectors.
With fiscal 2023 sales amounting to $12.6 billion and operations in around 50 countries, Air Products has a market capitalization exceeding $50 billion. The company's workforce of approximately 23,000 employees is dedicated to creating innovative solutions that benefit the environment and promote sustainability. Through its diverse portfolio and commitment to addressing global challenges, Air Products aims to reimagine possibilities and drive positive change in the industry and communities it serves.
Topics
Projects
Sustainability
Innovative Solutions
Environmental
Industrial Gases
Market Capitalization
Project Execution
Global Organization
Senior Leadership
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