Air Products and Chemicals, Inc. Announces Management Changes
July 09, 2021 at 09:00 am EDT
Share
Air Products announced that Executive Vice President Scott Crocco plans to retire on September 30, 2021 following a distinguished, 31-year career with the Company and that Melissa Schaeffer will succeed him as Senior Vice President and CFO on August 10, 2021. The transition will see Schaeffer assuming leadership responsibility for various aspects of Air Products' worldwide financial organization?including Controllership, Accounting, Treasury, Tax, Audit, and Shared Business Services. Schaeffer will report to Air Products' Chairman, President and Chief Executive Officer Seifi Ghasemi. Prior to joining Air Products, Schaeffer held the position of global director, Internal Audit, at Trinseo. She was also employed for 10 years at Ernst & Young, and prior to that, was employed by Siemens, where she participated in a finance leadership development program.
Air Products & Chemicals, Inc. specializes in the design, manufacturing and marketing of gases. The activity is organized around 4 families of products:
- bulk gases: industrial gases (oxygen, nitrogen and argon), hydrogen and helium, medical and specialty gases delivered by tankers or tube trailers, in cylinders or through small on-site gas generation plants for metal, glass, chemical processing, food processing, healthcare, steel, petroleum and natural gas industries;
- tonnage gases: industrial gases (hydrogen, carbon monoxide, nitrogen and oxygen) supplied via large on-site facilities or pipeline systems, principally for customers in the petrochemical, chemical, and metallurgical industries;
- performance chemicals;
- cryogenic and gas processing equipment: for air separation, hydrocarbon recovery and purification, natural gas liquefaction, and helium distribution.
Net sales are distributed geographically as follows: the United States (41.5%), China (15.8%), and other (42.7%).