BUZZ-Air Products shareholders elect three Mantle Ridge directors, shares rise
ReutersJan 23, 2025 2:44 PM
Shares of industrial gases company Air Products and Chemicals APD.N up 1.1% at $320.37
APD shareholders elect three of activist investor Mantle Ridge Capital Management's four proposed director candidates to company's nine-member board
Preliminary tallies show Mantle Ridge's founder, Paul Hilal, Andrew Evans and Dennis Reilley have been elected to the board - APD
Shareholders did not elect company's CEO Seifollah Ghasemi or its lead director Edward Monser
Company is expected to announce the news at its annual meeting on Thursday
Shares had risen ~6.6% in 2024
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