FX.co ★ Mantle Ridge Secures Support From Glass Lewis For Board Nominees At Air Products

Mantle Ridge LP, along with its affiliated entities, holds a substantial $1.3 billion stake in the outstanding common shares of Air Products and Chemicals, Inc. (APD). The firm has recently announced that Glass Lewis & Co., an independent proxy advisory organization, has advised Air Products shareholders to support the election of Mantle Ridge's proposed director nominees. These nominees include Andrew Evans, Paul Hilal, Tracy McKibben, and Dennis Reilley, for the Company's Board of Directors at the 2025 Annual Shareholders' Meeting, scheduled for January 23, 2025. Furthermore, Mantle Ridge highlighted that Glass Lewis suggested shareholders "WITHHOLD" their votes for Air Products' director nominees: Charles Cogut, Lisa Davis, Seifollah Ghasemi, and Edward Monser.