Air Products and Chemicals, Inc. Announces Executive Changes
October 10, 2023 at 04:17 pm EDT
Share
On October 3, 2023, Jeffrey J. Kutz, Vice President, Corporate Controller and Principal Accounting Officer of Air Products and Chemicals, Inc. (the Company) informed the Company of his decision to retire effective December 18, 2023. William J. Pellicciotti will join the Company as Controller and Chief Accounting Officer on October 25, 2023 and will succeed Mr. Kutz as the Company's principal accounting officer effective upon Mr. Kutz's retirement. Mr. Pellicciotti, age 44, has served as Senior Vice President, Controller and Chief Accounting Officer of Advance Auto Parts, Inc. since January 2022. Mr. Pellicciotti previously served as Vice President, Controller North America for The Kraft Heinz Company from October 2020 and in a variety of roles with increasing responsibility at Colgate-Palmolive Company, including as Finance Director SEC Reporting, Accounting Policy and
SOX Compliance from 2019 to 2020, Division Finance Director Asia Pacific Division, based in Hong Kong, from 2018 to 2019, Center Lead and Finance Director for Colgate Business Services, based in Poland, from 2013 to 2017, and Associate Director Corporate Audit, from 2009 to 2013. Mr. Pellicciotti began his career as an accountant at CliftonLarsonAllen, LLP, a professional services firm, and subsequently served as a manager at PricewaterhouseCoopers LLP. Mr. Pellicciotti holds a B.A. in Accounting and is a certified public accountant.
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%).