LEHIGH VALLEY, Pa., Aug. 4, 2022 /PRNewswire/ -- Air Products (NYSE: APD) today announced that Simon Moore, vice president of Investor Relations, Corporate Relations and Sustainability, has elected to retire from Air Products at the end of March 2023 following a distinguished 33-year career with the Company.
A search for Moore's successor has commenced, and the Company will ensure a smooth and seamless transition of responsibilities.
"Simon informed me of his decision to retire at the end of March 2023, and I want to acknowledge and thank him for the continued, vital role he plays leading our engagement with investors, communities, and a variety of sustainability-focused stakeholders," said Seifi Ghasemi, Air Products' Chairman, President and CEO. "As we seek his successor, Simon will continue to provide his deep knowledge and expertise in support of our growth strategy and the many opportunities ahead for Air Products. I am grateful for his hard work, leadership and dedication to creating shareholder value."
"After 33 years with the Company, I can honestly say the combination of Air Products' strong industrial gas base business and its global, first-mover hydrogen projects puts Air Products in a unique position of strength," Moore said. "I remain very excited about Air Products' leadership in driving the Energy Transition – and the tremendous opportunities this continues to create for our employees, investors, customers and many other stakeholders. I look forward to supporting the search for my successor and to a smooth transition process as Air Products carries those strengths forward," he added.
Moore joined Air Products in 1990 as a Merchant Gases sales representative in Los Angeles. In 1995 he transferred to the Company's headquarters to support hydrogen onsite business development, and in 1998 he relocated to Houston, where he was named Tonnage business manager of the West Gulf Coast pipeline system. Moore relocated to Taiwan in 2004 when he was named director, fab development for Electronics and then global director, Electronic Materials, in 2007. He returned to headquarters in 2010 as director, Investor Relations. He became responsible for Corporate Relations in 2016 and Sustainability in 2020.
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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SOURCE Air Products