#United States #Air Products #Board of Directors #Lehigh Valley #Howard Ungerleider

Howard Ungerleider Appointed to Air Products' Board

Air Products, a prominent player in the industrial gases sector, has announced the election of Howard Ungerleider to its Board of Directors effective September 1, 2025. This notable appointment is seen as a strategic move as the company seeks to further enhance its leadership and governance with seasoned professionals in the market.

Background on Howard Ungerleider

Howard Ungerleider brings with him over three decades of extensive experience from the chemicals and specialty materials industries. His previous roles include serving as President and Chief Financial Officer at Dow Inc., where he held significant responsibilities that included financial oversight and operational strategies. Since 2024, he has been an Operating Advisor for Clayton, Dubilier & Rice, a major private equity firm. His wealth of experience includes a variety of leadership positions, such as the Executive Vice President for Advanced Materials at Dow, highlighting a career built on substantial roles that have shaped his expertise in global business and finance leadership.

Air Products' Board Chairman, Wayne T. Smith, emphasized the immense value Ungerleider brings to the table. According to Smith, “Howard is an excellent addition to the Air Products Board, bringing more than three decades of global business and financial leadership experience.” His appointment is expected to align well with Air Products’ commitment to delivering exceptional value through sound operational strategies and disciplined capital management.

The Role of the Board

As part of his responsibilities, Ungerleider will sit on the Audit and Finance Committee, where his financial insights will be instrumental in guiding the company’s fiscal policies and operational audits. Air Products has positioned itself as a leader not just in serving energy and environmental sectors, but also in venturing into low- and zero-carbon energy solutions. The expertise that Ungerleider brings is anticipated to play a pivotal role in enhancing the company's strategic direction, especially in clean hydrogen projects that support sustainability and green energy initiatives.

Air Products at a Glance

Founded over 80 years ago, Air Products (NYSE: APD) has established itself as a world-leading industrial gases company with operations spanning across approximately 50 countries. The company focuses on providing essential industrial gases and related technologies to a wide array of industries, from refining and chemicals to medical and food sectors. In its fiscal 2024 results, Air Products reported revenue of $12.1 billion, underlining its significant market presence with a current market capitalization exceeding $60 billion.

The company is also renowned for its pioneering work in clean hydrogen, having developed and operated some of the largest hydrogen production projects globally. This venture is part of Air Products’ ongoing effort to transition towards environmentally friendly energy solutions, geared towards reducing carbon footprints across various industries.

With Howard Ungerleider joining the ranks of Air Products, stakeholders and employees alike are eager to see how his breadth of experience will influence and shape the company’s trajectory in the competitive industrial landscape, especially as it navigates the challenges and opportunities presented by the evolving energy sector. For more information on Air Products and its commitments to innovation and sustainability, visit airproducts.com.