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Air Products logoAir Products APD

Air Products said on August 18, 2025 its board of directors elected Howard Ungerleider as a director, effective September 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Air Products said on August 18, 2025 its board of directors elected Howard Ungerleider as a director, effective September 1, 2025.

  2. The company said the board determined Ungerleider to be an independent director under New York Stock Exchange listing standards and the Company's Corporate Governance Guidelines, and assigned him to serve as a member of the Audit and Finance Committee, effective September 1, 2025.

  3. Air Products said Ungerleider, 56, is an Operating Advisor at Clayton, Dubilier & Rice and previously served as President of Dow Inc. and its predecessors from 2018 to 2023 and as Chief Financial Officer from 2014 to 2023.

  4. The company said Ungerleider will receive compensation and be subject to indemnification consistent with the Company's normal arrangements for non-employee directors, there are no arrangements or understandings in connection with his election, and neither he nor his immediate family members is a party to any transaction required to be reported under Item 404(a) of Regulation S-K. The press release stated he is a member of the boards of directors of American Airlines Group Inc. and Kyndryl Holdings Inc.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Election of Howard Ungerleider as Director

Air Products said on August 18, 2025 its board of directors elected Howard Ungerleider as a director, effective September 1, 2025.

Source · Based on the filing body and exhibits

Independent Director Status and Audit and Finance Committee Assignment

The company said the board determined Ungerleider to be an independent director under New York Stock Exchange listing standards and the Company's Corporate Governance Guidelines, and assigned him to serve as a member of the Audit and Finance Committee, effective September 1, 2025.

Source · Based on the filing body and exhibits

Ungerleider's Career and Current Position

Air Products said Ungerleider, 56, is an Operating Advisor at Clayton, Dubilier & Rice and previously served as President of Dow Inc. and its predecessors from 2018 to 2023 and as Chief Financial Officer from 2014 to 2023.

Source · Based on the filing body and exhibits

Compensation, Related Parties and Other Board Memberships

The company said Ungerleider will receive compensation and be subject to indemnification consistent with the Company's normal arrangements for non-employee directors, there are no arrangements or understandings in connection with his election, and neither he nor his immediate family members is a party to any transaction required to be reported under Item 404(a) of Regulation S-K. The press release stated he is a member of the boards of directors of American Airlines Group Inc. and Kyndryl Holdings Inc.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.