Seamless Transition with Scott Croccos Planned Retirement and Melissa Schaeffer Assuming Leadership of Air Products Financial Organization
Lehigh Valley PA – WEBWIRE – Friday, July 9, 2021
Air Products (NYSE:APD) at present launched that Executive Vice President and Chief Financial Officer (CFO) Scott Crocco plans to retire on September 30, 2021 following a favorite, 31-year occupation with the Company and that Melissa Schaeffer will succeed him as Senior Vice President and CFO on August 10, 2021.
The transition will search files from Schaeffer assuming leadership responsibility for diverse parts of Air Products worldwide monetary group―including Controllership, Accounting, Treasury, Tax, Audit, and Shared Alternate Products and companies. Schaeffer will narrate back to Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi.
Commenting on the transition, Ghasemi acknowledged, Taking a check out wait on over the last seven years of my tenure at Air Products, it’s miles unassuming to hunt for the deep and lasting impact Scott has had in riding Air Products to alter into essentially the most a hit industrial gasoline company in the sector. It has been a privilege to work alongside him each day, with his relentless specialise in creating value for our shareholders by means of robust cash flows, strategic capital deployment, and consecutive dividend increases. Most currently, he has led our efforts to location the financing in readiness for the a hit closing of the Jazan gasification and energy venture. Scotts broader trudge over extra than three decades with Air Products, which started with him as a participant in the Profession Pattern Program, displays that the alternatives for proficient, motivated and committed folks are limitless at Air Products.
Now, as Air Products continues to pursue and have main increase alternatives spherical the sector, I am cheerful Melissa is transitioning into the feature. She brings extensive leadership talents; deep, global skills across diverse parts of Finance and industry; and most seriously, a keenness to be the ideally suited and to wait on all americans attain their fat doable. I am confident she is the faithful person with the faithful talents to continue sharp Air Products forward because the worldwide leader offering solutions to the sectors vital energy and environmental challenges, Ghasemi added.
Schaeffer joined Air Products in June 2016 as vice president, chief audit executive, accountable for leading the Companys Audit team, executing proactive compliance monitoring activities, leading investigations, and the Sarbanes Oxley (SOX) compliance program. In 2020, she used to be appointed vice president, FinanceGEMTE, Americas, Center East, and India. This option contains monetary responsibility for the Americas, the Companys largest reporting section, and accountability for monetary controllership, monetary planning, and prognosis-basically basically based resolution enhance of the Expertise, Engineering, Project Execution, Procurement, Manufacturing, Construction and Open-up functions, as correctly as Instruments Gross sales and Plant Enhance, Liquefied Pure Fuel technology and equipment, PRISM® Membrane Systems, Gardner Cryogenics and Rotoflow businesses.
Sooner than joining Air Products, Schaeffer held the location of global director, Inner Audit, at Trinseo. She used to be also employed for 10 years at Ernst & Young, and earlier than that, used to be employed by Siemens, the set she participated in a finance leadership increase program. She holds a stage in Finance and Accounting from Indiana University and an MBA from Villanova University.
About Air Products
Air Products (NYSE: APD) is a world-leading industrial gases company in operation for 80 years. Thinking about serving energy, atmosphere and rising markets, the Company affords main industrial gases, associated gear and functions skills to possibilities in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and meals and beverage. Air Products will doubtless be the worldwide leader in the provision of liquefied natural gasoline project technology and equipment. The Company develops, engineers, builds, owns and operates just a few of the sectors largest industrial gasoline projects, including: gasification projects that sustainably convert plentiful natural sources into syngas for the manufacturing of excessive-value energy, fuels and chemicals; carbon steal projects; and world-scale carbon-free hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2020 sales of $8.9 billion from operations in 50 worldwide locations and has a present market capitalization of about $65 billion. Bigger than 19,000 passionate, proficient and committed employees from diverse backgrounds are driven by Air Products better motive to originate progressive solutions that profit the atmosphere, pork up sustainability and address the challenges going by means of possibilities, communities, and the sector. For added files, talk over with www.airproducts.com or allege us on LinkedIn, Twitter, Fb or Instagram.
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