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Investors Question Leadership at Air Products and Chemicals Inc. as Mantle Ridge Demands Board Overhaul

January 08, 2025
Mantle Ridge, a major shareholder of Air Products and Chemicals Inc. (APD), has written a critical letter to the company's board, calling for a full overhaul. The letter questions the leadership of the current CEOs and emphasizes the need to restore integrity in order for the company to recover and return to prosperity.

Mantle Ridge believes that a change in leadership is necessary for APD to regain investor confidence and bring positive change. The shareholder letter highlights concerns about the current CEOs' management decisions and lack of strategic direction.

Despite these challenges, experts recommend retaining Air Products stock in your portfolio. The company has a strong track record and a solid cash flow, which provides stability in uncertain market conditions. Additionally, APD has reported mixed Q4 results with gains in EPS, though revenue fell short of expectations.

For a more accurate forecast of APD's stock movement, professionals at Stocks Prognosis are recommended. They provide expert analysis and predictions to help investors make informed decisions. Investing in APD could be a beneficial long-term strategy, given the company's potential for recovery and growth.
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