Activist investor Mantle Ridge wins three board seats in proxy fight with Air Products (APD) amid pressure for CEO succession ...

Mantle Ridge LP, which, together with its affiliates (collectively, "Mantle Ridge"), beneficially owns approximately $1.3 billion of the outstanding common shares of Air Products and Chemicals, Inc.

Air Products (NYSE:APD) +2.5% in Monday's trading as proxy advisory firm ISS recommended shareholders elect three of activist investor Mantle Ridge's four director candidates to the company's ...

The company said it "strongly disagrees with ISS' opinion." Mantle Ridge said Air Products needs to lay out a succession plan for its octogenarian CEO, who has served at the helm for a decade ...

Mantle Ridge LP, which, together with its affiliates, beneficially owns approximately $1.3B of the outstanding common shares of Air Products ...

Air Products (APD) sent a letter to shareholders highlighting reasons to support its board nominees, stating that the company “strongly disagrees” with ISS’ opinion published today.” ...

Activist investor Mantle Ridge on Monday won support from a second proxy advisory firm as it battles for board seats at ...

The company warns that adopting ISS' recommendation could negatively impact the company and its shareholders. Air Products, which maintains a GOOD financial health score and has sustained dividend ...