May 25, 2011 Lehigh Valley, Pa.
Susan K. Carter, executive vice president and chief financial officer of KBR, Inc., has been elected to Air Products’ (NYSE: APD) board of directors.
Commenting on the board election, Air Products Chairman, President and Chief Executive Officer John E. McGlade stated that Carter “will add significant value to the company through her strong financial background, as well as her global knowledge and experience in strategic markets for Air Products, such as power and energy.”
Carter, 52, has served as chief financial officer of KBR, a $10 billion global engineering, construction and services company, since 2009. During her career, Carter has held various senior financial management positions at Crane Co., DeKalb Corporation and Honeywell International Inc. Prior to joining KBR, Carter held the position of vice president, Finance and chief accounting officer at Cummins, Inc. in 2002, and executive vice president and chief financial officer of Lennox International, Inc. in 2004.
Carter holds a B.S. degree in accounting from Indiana University and an M.B.A. from Northern Illinois University. She is a Certified Public Accountant and former board member of Lyondell Chemical Company.
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. 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, 2010.