8-KLeadership ChangesExhibits & Filings

Air Products & Chemicals, Inc. 8-K Report, Executive Changes (Nov 16, 2023)

Filed November 16, 2023For Securities:APD

Summary

Air Products & Chemicals, Inc. (APD) announced a key addition to its Board of Directors with the election of Jessica T. Graziano, effective December 1, 2023. Ms. Graziano brings significant financial expertise, currently serving as Senior Vice President and Chief Financial Officer of United States Steel Corporation since August 2022. Her appointment is seen as a strategic move to enhance the board's capabilities, particularly in financial oversight. Ms. Graziano has been determined to be an independent director and will serve on both the Audit and Finance Committee and the Corporate Governance and Nominating Committee. This addition is expected to provide valuable perspectives to the company's financial strategy and governance practices. Investors should note that her compensation will align with the company's standard arrangements for non-employee directors.

Key Highlights

  • 1Jessica T. Graziano appointed as a director to the Board of Directors, effective December 1, 2023.
  • 2Ms. Graziano brings extensive financial experience, currently holding the position of SVP and CFO at United States Steel Corporation.
  • 3The Board has determined Ms. Graziano meets independence requirements under NYSE listing standards and the Company's Corporate Governance Guidelines.
  • 4Ms. Graziano will serve on the Audit and Finance Committee and the Corporate Governance and Nominating Committee.
  • 5Her appointment is expected to strengthen the board's financial oversight and governance expertise.
  • 6Compensation for Ms. Graziano as a director will follow the company's standard practices for non-employee directors.
  • 7No undisclosed related-party transactions or arrangements involving Ms. Graziano were reported.

Frequently Asked Questions

Jessica T. Graziano is the newly elected director to Air Products & Chemicals, Inc.'s Board, effective December 1, 2023. She is currently the Senior Vice President and Chief Financial Officer of United States Steel Corporation, a role she has held since August 2022. She is 50 years old.

Effective December 1, 2023, Ms. Graziano will serve as a member of the Board's Audit and Finance Committee and the Corporate Governance and Nominating Committee.

Yes, the Board of Directors has concluded that Ms. Graziano qualifies as an independent director under the New York Stock Exchange listing standards and the Company's Corporate Governance Guidelines.

Ms. Graziano will receive compensation and be subject to indemnification consistent with the Company's normal arrangements for non-employee directors, as detailed in the company's definitive proxy statement for its 2023 annual meeting.