Mantle Ridge Issues Shareholder Letter: Restoring Integrity is Necessary for Air Products and Chemicals, Inc. to Recover and Return to Prosperity
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Mantle Ridge has issued a shareholder letter criticizing Air Products and Chemicals, Inc. for omissions and misleading statements regarding its performance and strategy. They call for a shareholder-led board refreshment to address issues under CEO Seifi Ghasemi's leadership.
January 06, 2025 | 12:15 pm
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Mantle Ridge criticizes Air Products and Chemicals, Inc. for misleading statements and poor performance under CEO Seifi Ghasemi, advocating for a board refreshment.
The shareholder letter from Mantle Ridge highlights significant concerns about the leadership and strategic direction of Air Products and Chemicals, Inc. This public criticism could lead to negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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