PARIS--(BUSINESS WIRE)--Regulatory News:

Air Liquide (Paris:AI) announces the appointment of David Prinselaar as Group Vice President, Industrial Direction and member of Air Liquide's Executive Committee, effective December 2, 2024.

Air Liquide also announces that Pascal Vinet, Executive Vice President, will be retiring at the end of the year.

A Dutch and French binational, David Prinselaar has a background in operations, supply chain and business transformation. After completing his Master of Science in Electro-Mechanical engineering from UCL in Belgium, David started his engineering career in Malaysia. He then worked 5 years in management consulting for Celerant based out of their London office. In 2005, he joined Reckitt where several international management roles brought him to work in Europe, North America and South America for 10 years. He joined AkzoNobel in 2015, and was appointed as a member of the Executive Committee as Chief Supply Chain Officer in 2019.

Since 2022, David has been the Chief Operating Officer of Versuni, a global PE owned leader in home appliances.

Commenting on this announcement, François Jackow, Chief Executive Officer of the Air Liquide Group, said: "The Air Liquide Group's management team continues to evolve. I would like to warmly thank Pascal Vinet for his major contributions to the Group's success throughout his career, and wish him all the best in this new chapter of his life. We are pleased to welcome David Prinselaar into our Group. His expertise in driving operational excellence, along with his proven track record in performance delivery and international business acumen will greatly benefit our newly created Industrial Direction. Under his leadership, and by leveraging the scale of our Group, simplifying our organization and decision making, and setting new industrial standards, I am confident that our Industrial Direction will deliver enhanced levels of service and performance to our customers worldwide".

Air Liquide is a world leader in gases, technologies and services for industry and healthcare. Present in 60 countries with 66,300 employees, the Group serves more than 4 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide's scientific territory and have been at the core of the Group's activities since its creation in 1902.

Taking action today while preparing the future is at the heart of Air Liquide's strategy. With ADVANCE, its strategic plan for 2025, Air Liquide is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise. The Group develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies.

Air Liquide's revenue amounted to more than 27.5 billion euros in 2023. Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.

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