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Air Products & Chemicals Inc. Message Board

  • eastmoorbartender eastmoorbartender Nov 24, 2012 7:37 PM Flag

    When is APD's tired,obsolete and incompetent CEO going to retire?

    This stock has been an under performer since The Happy One took over and wanted to build
    a plant on every empty acre that APD owned.Bye,bye free cash flow
    The current CEO was a prime mover in the move into Health Care which involved miserable
    acquisitions.This was #$%$ running businesses they did not understand.
    Is it too late?
    Can we bring back Ed Donley,Dex Baker or the Poole's?

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    • The upper echelons have become too incestuous. And even some of the previous top dogs were not that good. Remember the $600M fiasco with Stearns Rogers ?. Was it Dex at the helm then ?. I did an apprenticeship with APD back in the 50's, when Dex was the London office manager. I remember him being totaly profit driven, and uncaring about any employee. Len Poole loved him. I have owned APD stock on and off since then, but would never dream of working for them again. What this company needs is a total cleanout of top management, I would love to see a buyout from Airgas or similar, then you would see progress on all fronts !

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