Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Rockwood’s Ghasemi To Lead Air Products

by Marc S. Reisch
June 23, 2014 | A version of this story appeared in Volume 92, Issue 25

Seifi Ghasemi, 69, has been named CEO of Air Products & Chemicals effective July 1, succeeding John E. McGlade, 59, who is retiring under pressure from activist investor William A. Ackman. Currently CEO of Rockwood Holdings, Ghasemi was named to the Air Products board in September 2013 at the behest of Ackman, head of Pershing Square Capital Management, which owns nearly 10% of the industrial gas firm’s shares. Ghasemi has been CEO of Rockwood for 13 years. Earlier in his career, Ghasemi spent 18 years at industrial gases firm BOC, now part of Linde, where he had been president of BOC Gases Americas. At Rockwood, Chief Financial Officer Robert J. Zatta will take on the additional role of acting CEO.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.