Mantle Ridge secures enough votes for board seats at Air Products, sources say
Activist investor Mantle Ridge has secured enough support from Air Products and Chemicals investors to win several seats on the industrial gases company's board of directors, two people familiar with the matter said on Wednesday.
Air Products CEO unseated from board; Activist investors win 3 seats
Mantle Ridge owns about $1.3 billion (or about 1.8%) in common shares of Air Products stock. It had waged a months-long campaign, calling for major changes at the industrial gas company, which is headquartered in Upper Macungie Township.
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It looks like Air Products’ CEO could be on the way out after a shareholder vote on board of directors seats went the way of ...
Change is coming for Air Products and Chemicals after the industrial gas company lost a boardroom fight with the activist ...
Air Products (NYSE:APD) +1.7% in Friday's trading after saying it will separate the CEO and Chair roles and appoint a new ...
(Reuters) - Air Products and Chemicals laid out a more specific timeline on Friday for when its CEO will leave the industrial gases company, as investors began casting votes for directors in a ...
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