LEHIGH VALLEY, Pa.,
May 26, 2020 /PRNewswire/ -- Air
Products (NYSE: APD) today announced Dr. Samir J. Serhan, executive vice president,
has been appointed chief operating officer of the company.
Seifi Ghasemi, Air Products'
chairman, president and chief executive officer, said, "Samir has
been key to our ability to win and execute the largest and most
complex projects in our company's history. He has also successfully
transformed our Global Engineering, Manufacturing, Technology and
Equipment organization as well as the businesses under his
responsibility. As Air Products continues to provide industrial
gases and applications expertise that improve productivity,
efficiency and environmental performance, we also are deploying
gasification, carbon capture and hydrogen for mobility and energy
transition solutions to help meet the world's needs for clean,
sustainable energy and higher-value end products. I look forward to
Samir's continued leadership across these areas, serving our
customers and creating value for our shareholders."
Dr. Serhan joined Air Products in 2016 as executive vice
president, leading the company's Technology, Engineering, Project
Execution, Procurement, Manufacturing, Construction and Start-up
functions and having profit and loss responsibility for the
Equipment Sales and Plant Support, Liquefied Natural Gas technology
and equipment, PRISM® Membrane Systems, Gardner Cryogenics and
Rotoflow businesses.
In 2018, Dr. Serhan's role was expanded to include the
identification, development and commercial negotiation for all
large projects. In 2019, he assumed full responsibility for the
company's business in the Middle
East. In January 2020, he
assumed reporting responsibility for Americas Operations and HyCO
franchises and stand-alone plants. With his appointment as COO, Dr.
Serhan further assumes full profit and loss responsibility for the
Americas, Air Products' largest operating region, representing 45
percent of total company sales in fiscal 2019.
Commenting on the appointment, Dr. Serhan said, "Each day
affords us new opportunities to help our customers improve their
operations and meet pressing energy and environmental needs around
the world. I am honored to work with our talented and
high-performing Air Products teams around the globe to make this a
reality, and I look forward to progressing the many opportunities
in front of us."
Dr. Serhan brings more than 25 years of industry experience over
his career at Air Products and with previous companies. He holds a
Ph.D. in engineering mechanics from Virginia
Tech.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases
company in operation for nearly 80 years. Focused on serving
energy, environment and emerging markets, the Company provides
essential industrial gases, related equipment and applications
expertise to customers in dozens of industries, including refining,
chemical, metals, electronics, manufacturing, and food and
beverage. Air Products is also the global leader in the supply of
liquefied natural gas process technology and equipment. The Company
develops, engineers, builds, owns and operates some of the world's
largest industrial gas projects, including gasification projects
that sustainably convert abundant natural resources into syngas for
the production of high-value power, fuels and chemicals.
The Company had fiscal 2019 sales of $8.9
billion from operations in 50 countries and has a current
market capitalization of about $50
billion. More than 17,000 passionate, talented and committed
employees from diverse backgrounds are driven by Air Products'
higher purpose to create innovative solutions that benefit the
environment, enhance sustainability and address the challenges
facing customers, communities, and the world. For more information,
visit airproducts.com or follow us on LinkedIn, Twitter,
Facebook or Instagram.
NOTE: This release may contain forward-looking statements
within the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements are
based on management's reasonable expectations and assumptions as of
the date of this release regarding important risk factors. Actual
performance and financial results may differ materially from
projections and estimates expressed in the forward-looking
statements because of many factors not anticipated by management,
including risk factors described in the company's Form 10K for its
fiscal year ended September 30,
2019.
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SOURCE Air Products