Write to Ed Frankl at Dow Jones NewswiresĬopyright (c) 2021 Dow Jones & Company, Inc. Linde is due to report third-quarter earnings on Oct. In addition, the company declared a dividend of $1.06 per share for the fourth quarter, payable on Dec. The company also added a sustainability committee, responsible for board oversight of policies related to greenhouse-gas reduction goals and decarbonization, such as clean hydrogen and carbon capture. Separately, Linde's board elected as new directors former Siemens CEO Joe Kaeser and Alberto Weisser, the former boss of Bunge Ltd. Reitzle is leaving Linde after nearly 20 years at the company. "I'm confident that under Sanjiv's leadership, Linde will maintain our high-performance culture, aggressively implement our new sustainability goals and leverage the many growth opportunities we have in front of us," Mr. Operating under the Linde brand, the company has established a vision to be the best performing global industrial gases. This name change reflects the company’s evolution following the merger of Praxair, Inc. Angel has been Linde's CEO since October 2018, having led the merger of Linde and U.S.-based Praxair. subsidiary, Praxair Inc., will begin operating under the Linde name, effective September 1.
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in 2012, it has raised its dividend every year, thanks to solid free cash flow. "Linde is exceptionally well-positioned to capitalize on profitable growth opportunities in several end markets, including electronics, healthcare and clean energy," Mr. Moreover, since Linde merged with Praxair, Inc. Lamba, a Linde veteran of more than 30 years, is the company's current chief operating officer, having been appointed in October 2020. Industrial Gas news covering North America including Airgas, Linde, Air Products, Praxair, Matheson, Taylor-wharton and more. Angel taking over from Wolfgang Reitzle as the multinational chemical company's new chairman.īoth appointments are effective March 1, 2022, the Guildford, England-based company said. Linde PLC on Monday appointed Sanjiv Lamba to succeed Steve Angel as chief executive, with Mr.