August 17, 2012 Lehigh Valley, Pa.
Air Products (NYSE:APD) announced today that Guillermo Novo will join the company as senior vice president, Electronics, Performance Materials, Strategy and Technology, effective September 14. Novo will be responsible for the company’s Electronics and Performance Materials businesses, Technology organization, and corporate strategy and marketing. He will report to the chairman and CEO and serve on the company’s Corporate Executive Committee.
Novo joins Air Products from the Dow Chemical Company where he has most recently served as group vice president, Dow Coating Materials, a large specialty chemicals business. He began his career with Rohm and Haas in 1986 and over the next 24 years (Rohm and Haas merged with Dow in 2009) progressed through a variety of commercial, marketing, and general management positions, living in South America, the U.S., and Asia. Prior to this recent position, Novo served as vice president for its Polyurethane business. He was named vice president and worldwide director, Process Chemicals and Biocides, in 2006. In this position, Novo was a corporate officer for Rohm and Haas and one of five group executives on their corporate leadership team responsible for driving the overall strategy for the company. Prior to that, he was appointed vice president and worldwide director, Consumer and Industrial Specialties Businesses, in 2002, and vice president of the Latin America region, along with other roles in sales, marketing, and finance.
John McGlade, Air Products’ chairman, CEO and president, said, “Guillermo has repeatedly and successfully faced challenging business situations and has been very successful driving innovation and profitable growth through his strong strategic leadership. He brings to Air Products a breadth of global sales, marketing, and business and technology development experience. He will be an outstanding addition to our senior team as we continue to execute on our 2015 goals for growth, return on capital, and margins.”
A native of Miami, Florida, Novo graduated from the University of Central Florida with a B.S. degree in Industrial Engineering in 1984 and earned an MBA from the University of Michigan in 1986.
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2011, Air Products had sales of approximately $10 billion. 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, 2011.