APD · NYSE

Air Products

Industrial Gases · Upper Macungie Township, Pennsylvania · founded 1940

Board members
10
CEO
Eduardo F. Menezes
Insider buys, 12 mo
$0
Insider sales, 12 mo
$20.8M

Board of directors (10)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Lisa Ann Davis
Directorsince Mar 2020+1 S&P board
Wayne Thomas Smith
Directorsince Aug 2021+1 S&P board
Tonit M. Calaway
Directorsince Mar 2022
Jessica Graziano
Directorsince Dec 2023
Alfred Stern
Directorsince Jan 2025
Bhavesh Patel V
Directorsince Jan 2025
Andrew W. Evans
Directorsince Jan 2025
Paul C. Hilal
Directorsince Feb 2025+2 S&P boards
Dennis H. Reilley
Directorsince Feb 2025
Howard I. Ungerleider
Directorsince Sep 2025+1 S&P board

Executive officers (7)

Eduardo F. Menezes
Chief Executive Officersince Feb 2025
Melissa N. Schaeffer
Exec Vice President and CFOsince Aug 2021
William J. Pellicciotti, Jr.
Principal Accounting Officersince Dec 2023
Francesco Maione
President, Americassince Oct 2024
Ivo Bols
President, Europe & Africasince Oct 2024
Kurt Lefevere
President, Asiasince Oct 2024
Matthew Lepore
EVP & General Counselsince Aug 2025

Company facts

Chair
—
In S&P 500 since
Apr 1985
Incorporated in
DE
Fiscal year ends
September
SEC industry
Industrial Inorganic Chemicals
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$20.8M
2 trades · 2 insiders
Net, 12 mo
-$20.8M
Data through
May 1, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
May 1, 2026Melissa N. Schaeffer
Exec Vice President and CFO
Sale2,714$303.76$824K
Feb 12, 2026Mantle Ridge LP
Director
Sale70,175$284.21$19.9M
Aug 5, 2025Victoria Brifo
Exec VP, Chief HR Officer
Sale1,359$292.38$397K
Apr 3, 2025Andrew W. Evans
Director
Sale5$283.20$1K
Apr 2, 2025Andrew W. Evans
Director
Buy5$294.96$1K
Mar 5, 2025Walter L. Nelson
Sr. VP, Glob Helium & Rare Gas
Sale589$308.50$182K
Feb 20, 2025Kurt Lefevere
President, Asia
Sale1,500$316.17$474K
Feb 18, 2025Wilbur Mok
President, Equip. Businesses
Sale1,300$315.88$411K
Feb 18, 2025Victoria Brifo
Exec VP, Chief HR Officer
Sale2,362$315.82$746K
Feb 18, 2025Ivo Bols
President, Europe & Africa
Sale18,000$313.82$5.6M
Feb 13, 2025Brian Galovich
Exec VP, CIO
Sale2,089$315.79$660K
Feb 11, 2025Ahmed Hababou
President, Middle East & India
Sale1,608$307.97$495K
Feb 10, 2025Francesco Maione
President, Americas
Sale2,016$306.00$617K
Feb 10, 2025Melissa N. Schaeffer
Exec Vice President and CFO
Sale3,233$307.32$994K
Feb 7, 2025Sean D. Major
Executive VP & General Counsel
Sale4,500$315.46$1.4M
Dec 5, 2023Jeffrey Kutz
VP, Controller & PAO
Sale107$264.74$28K
Nov 13, 2023Seifi Ghasemi
Chairman, Pres. and CEO
Buy11,000$264.42$2.9M
Nov 8, 2023Seifi Ghasemi
Chairman, Pres. and CEO
Buy10,000$252.34$2.5M
Dec 20, 2022Sean D. Major
Executive VP & General Counsel
Sale485$313.00$152K
Dec 3, 2021Sean D. Major
Executive VP & General Counsel
Sale6,000$288.96$1.7M
Nov 22, 2021Wayne Thomas Smith
Director
Buy1,679$297.76$500K
Nov 10, 2021Melissa N. Schaeffer
Exec Vice President and CFO
Sale318$314.00$100K
Nov 9, 2021Edward L. Monser
Director
Buy80$314.49$25K
Nov 5, 2021Wayne Thomas Smith
Director
Buy1,637$305.61$500K
Jan 29, 2020Edward L. Monser
Director
Buy200$237.60$48K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Nov 25, 2025

    On November 23, 2025, Lisa A. Davis notified Air Products and Chemicals, Inc. (the “Company”) that, for personal reasons, she had decided to not stand for re-election to the Company’s Board of Directors (the “Board”) at the 2026 Annual Meeting of Shareholders (the “Annual Meeting”) and to retire from the Board at the conclusion of the Annual Meeting. There are no disagreements between the Company and Ms. Davis with respect to any matter relating to the Company’s operations, policies or practices that resulted in Ms. Davis’ decision to not stand for re-election and to retire from the Board at the conclusion of the Annual Meeting. Ms. Davis has served as a director since 2020.

    Read the 8-K filing
  2. Aug 20, 2025

    On August 18, 2025, the board of directors (the “Board”) of Air Products and Chemicals, Inc. (the “Company”) elected Howard Ungerleider as a director of the Company, effective September 1, 2025. Mr. Ungerleider, 56, is an Operating Advisor at Clayton, Dubilier & Rice, a leading private equity firm, and previously served from 2018 to 2023 as President and from 2014 to 2023 as Chief Financial Officer of Dow Inc. and its predecessors. In connection with Mr. Ungerleider’s election, the Board considered his independence under New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines and concluded that he will be an independent director under these standards. The Board assigned Mr. Ungerleider to serve as a member of its Audit and Finance Committee, also effective September 1, 2025. Mr.

    Read the 8-K filing
  3. Jul 8, 2025

    On July 7, 2025, Sean D. Major resigned as Executive Vice President, General Counsel and Secretary of Air Products and Chemicals, Inc. (the “Company”), effective July 11, 2025. Mr. Major’s successor will be named at a later date. Mr. Major will receive severance and other benefits in accordance with the Company’s Executive Separation Program. The terms of the Executive Separation Program were disclosed in the Company’s definitive proxy statement for its 2025 Annual Meeting of Stockholders, which was filed with the United States Securities and Exchange Commission on December 3, 2024.

    Read the 8-K filing
  4. Feb 4, 2025

    On February 4, 2025, Air Products and Chemicals, Inc. (the “Company”) announced that Eduardo F. Menezes will succeed Seifollah (“Seifi”) Ghasemi as the Company’s Chief Executive Officer effective February 7, 2025. Mr. Menezes will also join the Company’s board of directors and will serve on the board’s executive committee. In addition, the Company announced that its board of directors named Wayne T. Smith as Chairman and Dennis H. Reilley as Vice Chairman. Mr. Menezes, age 61, previously spent more than three decades in progressively senior roles at Linde plc and Praxair, Inc. Mr. Menezes served as Executive Vice President of Linde following its acquisition of Praxair in 2018 until 2021, where he had responsibility for Europe, the Middle East and Africa, with responsibility for operations in more than 40 countries with over $8 billion in sales and 18,000 employees. Mr.

    Read the 8-K filing
  5. Nov 18, 2024

    On November 17, 2024, David H.Y. Ho and Matthew H. Paull each notified Air Products and Chemicals, Inc. (the “Company”) of their decisions to retire and not to stand for re-election to the Board of Directors (the “Board”) of the Company at the 2025 Annual Meeting of Shareholders (the “Annual Meeting”). Mr. Ho’s retirement and Mr. Paull’s retirement will be effective immediately after the conclusion of the Annual Meeting. There are no disagreements between the Company and any of Messrs. Ho or Paull, on any matter relating to the Company’s operations, policies, or practices that resulted in Messrs. Ho’s or Paull’s decision to retire. Messrs. Ho and Paull have each served as directors of the Company since 2013.

    Read the 8-K filing
  6. Jul 22, 2024

    On July 18, 2024, Dr. Samir J. Serhan resigned as the Chief Operating Officer of Air Products and Chemicals, Inc. (the “Company”), effective immediately. Dr. Serhan is expected to remain with the Company until September 30, 2024. Dr. Serhan is expected to receive severance and other benefits in accordance with the Company’s Executive Separation Program. The terms of the Executive Separation Program were disclosed in the Company’s definitive proxy statement for its 2024 Annual Meeting of Stockholders, which was filed with the United States Securities and Exchange Commission on December 8, 2023.

    Read the 8-K filing
  7. Nov 16, 2023

    On November 15, 2023 the board of directors (the “Board”) of Air Products and Chemicals, Inc. (the “Company”) elected Jessica T. Graziano as a director of the Company, effective December 1, 2023. Ms. Graziano, 50, has served as Senior Vice President and Chief Financial Officer of United States Steel Corporation since August 2022. In connection with Ms. Graziano’s election, the Board considered her independence under New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines and concluded that she will be an independent director under these standards. The Board assigned Ms. Graziano to serve as a member of its Audit and Finance Committee and Corporate Governance and Nominating Committee, effective December 1, 2023. Ms.

    Read the 8-K filing
  8. Oct 10, 2023

    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.

    Read the 8-K filing
  9. May 18, 2023

    On May 17, 2023, Air Products and Chemicals, Inc. (the “Company”) entered into an amended and restated employment agreement (the “Agreement”) with its Chief Executive Officer, Seifollah Ghasemi. The Agreement extends the term of Mr. Ghasemi’s employment from September 30, 2025 to September 30, 2028. Commencing September 30, 2024 and on each anniversary date afterwards, the term of the Agreement will automatically be extended by one year, unless either party provides notice of non-renewal at least 30 days prior to the applicable renewal date or the Agreement is otherwise terminated by either party pursuant to its terms. In addition to extending the term of his employment, the Agreement also made certain other updates to Mr. Ghasemi’s prior employment agreement. On May 18, 2023, the Company issued a press release announcing the extension of Mr. Ghasemi’s employment agreement.

    Read the 8-K filing
  10. Apr 19, 2022

    On April 18, 2022, Russell A. Flugel, the Senior Vice President, Corporate Controller and Principal Accounting Officer of Air Products and Chemicals, Inc. (the “Company”), informed the Company that he was resigning, effective as of May 6, 2022, in order to pursue other opportunities. Jeffrey Kutz will succeed Mr. Flugel as the Company’s Vice President, Corporate Controller and Principal Accounting Officer, effective upon the effective date of Mr. Flugel’s resignation. Mr. Kutz, age 62, joined the Company in 2012 and currently serves as Executive Director, Accounting Policy, Reporting and Consolidation, with responsibility for global accounting policies, financial statement preparation, implementation of new and emerging accounting guidance and accounting for the Company’s acquisitions, divestitures and megaprojects. Prior to joining the Company, Mr.

    Read the 8-K filing
  11. Feb 22, 2022

    On February 20, 2022 the board of directors (the “Board”) of Air Products and Chemicals, Inc. (the “Company”) elected Tonit M. Calaway as a director of the Company, effective March 1, 2022. Ms. Calaway, 54, serves as the Executive Vice President, Chief Administrative Officer, General Counsel and Secretary of BorgWarner Inc. In connection with her election, the Board considered the independence of Ms. Calaway under New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines and concluded that she will be an independent director under these standards. The Board assigned Ms. Calaway to serve as a member of its Corporate and Governance Committee and Management Development and Compensation Committee, effective March 1, 2022. Ms.

    Read the 8-K filing
  12. Sep 13, 2021

    On September 10, 2021, Susan K. Carter informed Air Products and Chemicals, Inc. (the “Company”) of her decision to resign from the Company’s board of directors, effective September 30, 2021. Ms. Carter indicated that her decision to resign was not a result of any disagreement with the Company. A copy of the Company’s press release relating to Ms. Carter’s resignation is filed as Exhibit 99.1 hereto and is incorporated by reference herein.

    Read the 8-K filing
  13. Jul 19, 2021

    On July 19, 2021 the board of directors (the “Board”) of Air Products and Chemicals, Inc. (the “Company”) elected Wayne T. Smith as a director of the Company, effective August 1, 2021. Mr. Smith, 61, served until recently as the Chairman and Chief Executive Officer of BASF Corporation, with responsibility for the Monomers, Performance Materials, Petrochemicals, Intermediates and North America divisions, and as a member of the management board of its parent company, BASF SE. In connection with his election, the Board considered the independence of Mr. Smith under New York Stock Exchange listing standards and the Company’s Corporate Governance Guidelines and concluded that he will be an independent director under these standards. The Board assigned Mr.

    Read the 8-K filing
  14. Jul 15, 2021

    On July 14, 2021, the Management Development and Compensation Committee of the Company’s board of directors approved compensation for Ms. Schaeffer commencing on August 10, 2021, as follows: a base salary of $550,000; a target annual incentive plan payout of 75% of her new base salary; and a target annual long-term equity incentive of $1,200,000, which will be granted in December 2021 in connection with the Company’s annual grant of equity awards to executive officers.

    Read the 8-K filing
  15. Jul 9, 2021

    On July 9, 2021, Air Products and Chemicals, Inc. (the “Company”) announced that M. Scott Crocco, the Company’s Chief Financial Officer, informed the Company that he will retire effective September 30, 2021. Melissa Schaeffer will succeed Mr. Crocco as Senior Vice President and Chief Financial Officer of the Company commencing August 10, 2021. Ms. Schaeffer, age 41, joined the Company in 2016 and has most recently served as Vice President, Finance-GEMTE, Americas, Middle East, and India since November 2020 and previously served as Vice President, Chief Audit Executive. She holds a degree in Finance and Accounting from Indiana University and an MBA from Villanova University. A copy of the Company’s press release, dated July 9, 2021, announcing the transition is filed as Exhibit 99.1 and is incorporated herein by reference.

    Read the 8-K filing
Show 9 older changes
  1. May 26, 2020

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  2. May 21, 2020

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  3. Mar 9, 2020

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  4. Jun 28, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  5. May 17, 2018

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  6. Nov 14, 2017

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  7. Oct 5, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  8. Sep 30, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing
  9. May 23, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing

Proxy statements (DEF 14A): 2025 · 2023 · 2022 · 2021 · 2020 · 2019

Share price

$304.84+177% since 2016 board/officer change filed
12122232320172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$12.0B-$394.5M-3.3%$-1.77$41.1B
FY2024$12.1B$3.8B31.6%$17.18$39.6B
FY2023$12.6B$2.3B18.3%$10.33$32.0B
FY2022$12.7B$2.3B17.8%$10.14$27.2B
FY2021$10.3B$2.1B20.3%$9.43$26.9B
FY2020$8.9B$1.9B21.3%$8.49$25.2B
FY2019$8.9B$1.8B19.7%$7.94$18.9B
FY2018$8.9B$1.5B16.8%$6.78$19.2B

Former directors and officers (26)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Victoria Brifo
Exec VP, Chief HR OfficerOct 2024 – Aug 2025
Walter L. Nelson
Sr. VP, Glob Helium & Rare GasOct 2024 – Mar 2025
Wilbur Mok
President, Equip. BusinessesOct 2024 – Feb 2025
Brian Galovich
Exec VP, CIOOct 2024 – Feb 2025
Ahmed Hababou
President, Middle East & IndiaOct 2024 – Feb 2025
Sean D. Major
Executive VP & General CounselMay 2017 – Feb 2025
Matthew H. Paull
Director2016 or earlier – Jan 2025
Edward L. Monser
Director2016 or earlier – Jan 2025
Charles I. Cogut
Director2016 or earlier – Jan 2025
Seifi Ghasemi
Chairman, Pres. and CEO2016 or earlier – Jan 2025
David H. Y. Ho
Director2016 or earlier – Jan 2025
Wolfgang Brand
President, Project DeliveryOct 2024 – Dec 2024
Samir Serhan
Executive VP and COOJan 2017 – Dec 2023
Jeffrey Kutz
VP, Controller & PAOMay 2022 – Dec 2023
Russell A. Flugel
VP, Controller and PAOAug 2016 – Jan 2022
Chad C. Deaton
Director2016 or earlier – Jan 2022
Susan K. Carter
Director2016 or earlier – Oct 2021
Michael S. Crocco
Executive VP and CFOOct 2016 – Dec 2020
Margaret G. McGlynn
Director2016 or earlier – Oct 2020
Jennifer Grant
VPOct 2016 – Dec 2017
Corning F. Painter
Executive V.P.Dec 2016 – Dec 2017
Guillermo Novo
Executive V.P.Aug 2016 – Sep 2016
John D. Stanley
SR VP and General CounselMay 2016 – Aug 2016
Evert Henkes
Director2016 or earlier – Jan 2016
William L. Davis
Director2016 or earlier – Jan 2016
W. Douglas Ford
Director2016 or earlier – Jan 2016