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Dennis H. Reilley to retire as CEO of Praxair

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Dennis H. Reilley, chairman and CEO of Praxair, will retire as CEO at the end of 2006. Reilley will continue to act as Praxair’s chairman until he retires on April 30, 2007. Stephen F. Angel, currently Praxair’s president and chief operating officer, will become president and CEO on January 1, 2007. Angel, 51, will also become chairman when Reilley retires.