John Jones, Air Products chairman and chief executive officer, will retire as CEO on October 1, 2007, after 35 years. The Board of Directors has appointed John McGlade, currently president and chief operating officer, to succeed Jones as CEO. McGlade also has been elected a director of the company effective immediately. Jones will continue as Chairman of the Board until March 31, 2008, to provide for an orderly transition of responsibilities. Jones has been responsible for company operations since becoming president in 1998 and CEO and chairman in 2000.
