Air Products’ (AP) Board of Directors recently announced an amended employment agreement with AP’ chairman, president and CEO, Seifi Ghasemi. The new agreement extends Ghasemi’s term through September 30, 2025.

Ghasemi was named chairman, president and CEO of AP in 2014. In November 2017, AP entered into an amended and restated employment agreement with Ghasemi through September 30, 2022.

Commenting on the Board’s action, Chad Deaton, lead director, said, “Under Seifi’s strong leadership, AP continues to perform at an exceptional level and deliver on its commitments in numerous areas, including financial performance, global growth, inclusion, technology, employee development and shareholder returns, to name a few. The Board understands the importance of maintaining continuity as the company pursues even greater growth globally, and clearly.”