Air Products and Chemicals Inc. has recently added Bob Patel and Alfred Stern to its board of directors. This move is seen as a strategic decision in response to pressure from activist investors.
The company has also announced that David Ho and Matthew Paull will not be seeking re-election, creating vacancies for the new board members to join in 2025. These changes are part of Air Products" efforts to strengthen its leadership and address the concerns raised by activist stakeholders.