secwatch.observer — SEC 8-K summary
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Issuer:     Air Products & Chemicals, Inc. (APD)
CIK:        0000002969
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0001193125-25-020026
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Air Products names Eduardo F. Menezes as CEO effective Feb 7, 2025; Ghasemi departs
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- Eduardo Menezes appointed CEO effective Feb 7, 2025; succeeds Seifi Ghasemi after 10+ years.
- Menezes was Linde EVP for EMEA with $8B+ sales, 18,000 employees; prior senior roles at Praxair.
- Wayne T. Smith named Chairman, Dennis H. Reilley named Vice Chairman of the board.
- Menezes base salary $1.27M, annual incentive target 145% of base, equity award $9.888M.
- Ghasemi receives severance per Amended and Restated Employment Agreement dated May 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2969/000119312525020026/0001193125-25-020026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2969/000119312525020026/d812080d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-020026

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