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Activist Mantle Ridge Slams Air Products Leadership Demands Board Overhaul After Years of Underperformance

December 24, 2024
Activist investment firm Mantle Ridge has publicly criticized the leadership of APD Air Products and Chemicals, Inc., calling for a major overhaul of the company's board due to years of underperformance. In a scathing investor presentation, Mantle Ridge highlighted the need for change at Air Products and Chemicals, Inc. and urged shareholders to take action. The firm believes that a new board with fresh perspectives and strategies can help address the issues that have led to the company's underperformance. Stockholders are now eagerly awaiting the company's response and hoping for positive changes that will lead to growth and improved shareholder value.
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