LEHIGH VALLEY, Pa., Nov. 1, 2016 /PRNewswire/ -- Air Products (NYSE: APD) today announced that it has appointed Dr. Samir J. Serhan executive vice president, leading the company's Technology, Engineering and Manufacturing functions, excluding HyCO (hydrogen and carbon monoxide). He also will have profit and loss responsibility for the Liquefied Natural Gas technology and equipment, PRISM® Membrane Systems, and Gardner Cryogenics businesses. Serhan will be appointed as an executive officer of the company. He will be based in Allentown, Pennsylvania.
Commenting on the appointment, Air Products Chairman, President and Chief Executive Officer Seifi Ghasemi said, "I am very pleased that Samir is joining Air Products. Samir brings an extraordinary combination of business development, engineering, project execution, operations, technology and commercial skills, along with international experience and leadership qualities that will help us move forward as we execute against our strategic Five-Point Plan."
Serhan joins Air Products from Praxair, Inc. where, since 2014, he was president, Global HyCO. Prior to that, Serhan worked for 14 years in leadership positions in the U.S. and Germany for The Linde Group, culminating in his role as managing director, Linde Engineering. He began his career at Parsons Corporation where he held various leadership positions. Serhan also served as an adjunct professor at Temple University and The Pennsylvania State University.
Serhan holds a doctorate in engineering mechanics from Virginia Tech. He has published over 40 papers in conferences and journals.
About Air Products
Air Products (NYSE: APD) is a world-leading Industrial Gases company in operation for over 75 years. The Company's core industrial gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world's leading supplier of liquefied natural gas process technology and equipment. The Company's Performance Materials Division serves the polyurethanes, cleaning and coatings, and adhesives industries.
The Company had fiscal 2016 sales of $9.5 billion and has a current market capitalization of approximately $30 billion. Approximately 17,000 employees in 50 countries strive to make Air Products the world's safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. For more information, visit www.airproducts.com.
NOTE: This release may contain 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 reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company's Form 10K for its fiscal year ended September 30, 2015.
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SOURCE Air Products