BNET Industries

Praxair Inc.

(PX) is in the Manufacturing Industry

Market Cap:$25.1B
Last Fiscal Year Sales:$10.7B
  • Public
  • US
Dow Jones Description

Praxair makes the coatings that make the world's industries work. Founded in 1907 and headquartered in Danbury, CT, Praxair Inc (NYSE: PX) manufactures and sells atmospheric, process, and specialty gases and surface coatings. Primarily, it produces oxygen, nitrogen, and argon through several separation processes, and supplies wear- and temperature-resistant metallic and ceramic coatings to customers in healthcare, petroleum, computer chip, carbonation, fiber optic, steel, aerospace, chemicals, and water treatment. The company has revenues of approximately $7.65 billion and employs about 27,300 workers. It operates in North America, South America, Europe, and Asia.

Number of Employees 26,936
Contact Information

39 Old Ridgebury Rd

Danbury, Connecticut 06810

www.praxair.com

(203) 837-2000

NAICS Code Industrial Gas Manufacturing: 325120

Recent Events

  • Praxair China Signs Contract With Tangshan Railway Vehicle To Supply Gases For High-speed Train Production...

    2/03/10 - Joint Venture / Alliance - View Story

  • Praxair Reports Fourth-Quarter and Full-Year 2009 Results

    1/27/10 - Financial Announcement - View Story

  • Praxair PX Increases Quarterly Dividend to $0.45; Yield 2.4%

    1/27/10 - Stock Split / Dividend - View Story

  • Marathon's Fourth Quarter and Year-End 2009 Financial Results Conference Call to be Available on Company...

    1/19/10 - Joint Venture / Alliance - View Story

  • Praxair to Supply Oxygen and Nitrogen to Valero in Memphis

    1/15/10 - Joint Venture / Alliance - View Story

  • Praxair PX Issues Regional Guidance for 2009

    12/09/09 - Financial Announcement - View Story

  • Praxair Unit Launches Coating Production Cell For Airframe Applications - Quick Facts

    12/07/09 - Product Announcement - View Story

  • Praxair to sell gases to Chinese solar cell maker

    11/23/09 - Financial Announcement - View Story

  • Indian Market To Track Global Cues For Direction

    11/23/09 - Joint Venture / Alliance - View Story

  • Praxair Declares Dividend

    10/28/09 - Stock Split / Dividend - View Story

  • Praxair Quarterly Profit Declines 8%

    10/28/09 - Financial Announcement - View Story

  • Secretary Chu's 'Game-Changing' Push to Capture Carbon

    10/15/09 - New Investment - View Story

  • Praxair listed among top for carbon disclosure

    9/30/09 - Financial Announcement - View Story

  • Praxair 2Q Profit Down 14%; Gives Weak 3Q EPS View

    7/29/09 - Financial Announcement - View Story

  • Praxair Acquires Sermatech International

    7/01/09 - Merger / Acquisition - View Story

  • Praxair Acquires Sermatech International

    7/01/09 - Merger / Acquisition - View Story

  • Praxair Declares Dividend

    4/29/09 - Stock Split / Dividend - View Story

  • Praxair Reports First-Quarter Results

    4/29/09 - Financial Announcement - View Story

  • Praxair Gets Hydrogen Contract with Shell

    4/15/09 - Joint Venture / Alliance - View Story

  • Praxair Acquires Rite Weld Supply, Inc. of Fort Worth, Texas

    5/02/07 - Merger / Acquisition - View Story

News & Analysis

Filter by

business wire and connecticut and praxair inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
G. Jackson Ratcliffe Director
Larry D McVay Director
Domingos H.G. Bulus President, South America
Eduardo Menezes President, Praxair Europe
George P. Ristevski President, Healthcare Services
James J. Fuchs President, Praxair Canada
Joseph S. Cappello President, Praxair Asia
Mark F. Gruninger President, Surface Technologies
Mark Murphy President, Praxair Electronics
Murray G. Covello President, Asia
Randy Kramer President, Europe
Scott Kaltrider President, Praxair Healthcare Services, Inc.
Wayne J. Yakich President, Distribution, Inc.
James S. Sawyer Chief Financial Officer
M. Melissa Buckwalter Chief Information Officer
Melissa M. Buckwalter CIO & Vice President, Finance Services
Ray Roberge Vice President, Chief Technology Officer
Ricardo Malfitano Executive Vice President
Dan Yankowski Vice President, Global Supply Systems
Howard D. Brodbeck Vice President, Procurement & Materials Management
James Breedlove General Counsel, Vice President & Secretary
Janet Coffman Vice President, Marketing Praxair Distribution
Jeffrey P. Standish Vice President, Global Sales
John J. Stevens Vice President, Procurement & Matls
Matthew J White Vice President & Controller
Michael Allan Vice President
Michael R. Lutz Vice President, Production
Nigel D. Muir Vice President, Corp Communications & Public Relations
Richard L. Steinseifer Vice President, Mergers & Acquisitions
Richard P. Kenny Vice President Global Operations Excellence
Robert Fusaro Vice President, Acquisition
S. Mark Seymour Vice President, Tax
Sally A. Savoia Vice President, Human Resources
Scott K. Sanderude Vice President, Marketing
Sunil Mattoo Vice President, Strategic Planning & Marketing
Theodore F. Trumpp Vice President, US East Region
Theodore W. Dougher Vice President, Operations Excellence & Supply Sys
Timothy S. Heenan Vice President, Tax
Bruce Hamilton Director of Human Resources
Bruce Ryman Director, Marketing
Elizabeth T. Hirsch Director, Investor Relations
Joe Cromwell Director of Distributor Marketing
Michael Sinicropi Director, Marketing
Terry Bourgeois Director of Distribution and Applications Engineering
Tom Archie Director, Business
Anne Roby Marketing Manager
Barry McGinley Program Manager, Supply Sys, Global
Bill Bright General Manager, Central California Division
Bob Denyszyn Marketing Manager
Dave Yaeger Senior Manager, Sourcing

Board of Directors

Name (plus bio) Position
Robert L. Wood Board of Directors
H. Mitchell Watson Jr. Board of Directors
C. Frederick Fetterolf Audit Committee Chairman
Ira D. Hall Board of Directors
Wayne D. Smith Chair, Governance & Nominating Committee
Raymond W. Leboeuf Board of Directors
Stephen F. Angel Chairman
Patrick M. Clark Board of Directors
Claire W. Gargalli Chair, Finance & Pension

Retired Chairman of the Board, President and Chief Executive Officer

Organization Position Status
Hubbell Incorporated Board of Directors Current
Csf Technology Board of Directors Current
Praxair Inc. Director Current
Hubbell Incorporated Chief Executive Officer Former
Hubbell Incorporated President Former
Praxair Inc. Director Executive Session Former
Praxair Inc. Chairman Former

Organization Position Status
Tracer Research Director, Principal, Edgewater Energy Partners, Llc Current
Callon Petroleum Company Director Current
Tracer Research Director Current
Chicago Bridge & Iron Co. N.V. Board of Directors Current
Praxair Inc. Director Current
Amoco Corporation Former
Texas Tech University Degree Former

Organization Position Status
Coleman Everest Chairman, President and Chief Executive Officer Current
Biolab Inc President and Chief Executive Officer of the Company Current
Roadtrip Grill Chairman, President and Chief Executive Officer Current
Fish'n Canada Chairman, President and Chief Executive Officer, Chemtura Corporation Current
Anderol, Inc. President and Chief Executive Officer of the Company Current
Jarden Corporation Executive Compensation Committee Charter Current
Rite-Weld Supply Inc. Board of Directors Current
Indugas N.V Board of Directors Current
Anderol, Inc. Board of Directors Current
Rodgers Welding Supply Board of Directors Current
Tracer Research Board of Directors Current
The American Chemistry Council, Inc. Board Member Current
Praxair Inc. Board of Directors Current
Tafa Incorporated Board of Directors Current
Jarden Corporation Director Current
Cilbras' Cylinders Board of Directors Current
Csf Technology Board of Directors Current
Chemtura Corporation Chairman, President and Chief Executive Officer Former
Coleman Exponent Chairman, President and Chief Executive Officer Former
The Dow Chemical Company group president Former
Perstorp Inc. Business Group President Former
Engineering-Plastics Corporation Business Vice President Former
Polyurethanes Business Vice President Former
American Plastics Council Chairman Former
Big Brothers, Inc. Chairman of the Board Former

Former President, Sigma Group of America (a consulting company) from 1992 to 2005. Mr. Watson was President & Chief Executive Officer of ROLM Company (a telecommunications joint venture of IBM and Siemens AG) from 1989 to 1992. Prior to that, he served as Vice President, Marketing for IBM. Mr. Watson also is a director of Community Health Systems, Inc., chairman-emeritus of Helen Keller International, and chairman of the Brevard Music Center.

Organization Position Status
Praxair Inc. Board of Directors Current
Community Health Systems, Inc. Board of Directors Current

Organization Position Status
Praxair Inc. Audit Committee Chairman Current
Union Carbide Corporation Board of Directors Current
Aluminum Company of America (ALCOA) President Former
Alcoa, Inc. President Former
Aluminum Company of America (ALCOA) Chief Operating Officer Former
Aleris International, Inc. Audit Committee Chairman Former
Aleris International, Inc. Board of Directors Former
Allegheny Technologies Incorporated Board of Directors Former

Organization Position Status
Indugas N.V Chairman Current
OCE Imagistics Inc. Board of Directors Current
Rite-Weld Supply Inc. Board of Directors Current
The Pepsi Bottling Group, Inc. Board of Directors Current
Rodgers Welding Supply Board of Directors Current
Cilbras' Cylinders Board of Directors Current
Praxair Inc. Board of Directors Current
Wilson Welding & Medical Gases Board of Directors Current
Tafa Incorporated Board of Directors Current
Tracer Research Board of Directors Current
Ameriprise Financial, Inc. Director Current
Csf Technology Board of Directors Current
Texaco General Manager of Alliance Management Former
The Executive Leadership Council Chairman of the Board Former
Stanford University B.S. in electrical engineering and an MBA Former
Praxair Inc. member Former

Organization Position Status
Forstmann Little & Co. Partner Current
Nashville Health Care Council Chairman Current
Citadel Broadcasting Company Chairman Current
Americanhospitals.Com Chairman Current
Praxair Inc. Chair, Governance & Nominating Committee Current
Nashville Health Care Council Director Current
LifeCare Management Services LLC Board of Directors Current
Council Ventures, LP Board of Directors Current
Almost Family, Inc. Director Current
Community Health Systems, Inc. Chief Executive Officer Former
Humana Inc. President Former
Community Health Systems, Inc. President Former
Humana Inc. Chief Operating Officer Former
Community Health Systems, Inc. Chairman Former
Community Health Systems, Inc. Board Member Former
Humana Inc. Board Member Former
Citadel Broadcasting Company Director Former
Praxair Inc. Board of Directors Former
Auburn University Master of Science Former
Trinity University Master of Science In Healthcare Administration Former
Auburn University Bachelor of Science Former

Organization Position Status
PPG Industries, Inc. Board of Directors Current
Business.com, Inc. board member Current
ITT Corporation Board of Directors Current
Praxair Inc. Board of Directors Current
Massachusetts Mutual Life Insurance Company Board of Directors Current
PPG Industries, Inc. Chairman & CEO Former
PPG Industries, Inc. president Former
PPG Industries, Inc. Chief Operating Officer Former
PPG Industries, Inc. executive vice president Former
Praxair Inc. Director Former
PPG Industries, Inc. Director Former
University of Illinois M.B.A. Former

Chief Executive Officer of Praxair, Inc. since January 1, 2007, and Chairman since May 1, 2007. Before becoming the Chief Executive Officer, Mr. Angel served as President & Chief Operating Officer since March 1, 2006, and served as Executive Vice President from 2001 to 2006. Prior to joining Praxair in 2001, Mr. Angel was General Manager for the General Electric Company Industrial Systems Power Equipment business from 1999 to 2001, and was General Manager, Marketing and Sales, for GE’s Transportation Systems business from 1996 to 1999. Mr. Angel is on the Board of the U.S.-China Business Council and the Business Roundtable. He is a member of the board of the American Chemistry Council.

Organization Position Status
Praxair Inc. President & Chief Executive Officer Current
Praxair Inc. Chairman Current
Praxair Inc. President & COO Former

Domingos Bulus was named president of Praxair South America in 2003, responsible for Praxair’s business in nine countries. Bulus joined Praxair’s Brazil-based subsidiary, White Martins, in 1984 as a production engineer, and subsequently held supervisory and managerial positions in the industrial gases applications group. In 1990 he was named manager of the Belo Horizonte region in Brazil, and two years later became manager of the Brazilian central region. In 1995 he became general manager in Colombia, and the following year was named executive director of the Andean Treaty region (Bolivia, Colombia, Peru and Venezuela). He moved to Singapore as president of Praxair Asia in 2001. A native of Brazil, Bulus earned a mechanical engineering degree from Gama Filho University, Rio de Janeiro, and a master’s degree in human resources from Amana Key, Sao Paulo. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. President, South America Current

Eduardo Menezes was appointed president of Praxair Europe in 2007. He is responsible for the growth, profitability and return on capital of Praxair’s businesses in Spain, Germany, Italy, Benelux, France and Portugal. Menezes joined the company in 1986 as an equipment engineer at S.A. White Martins, a Praxair subsidiary based in Brazil. After holding positions in the on-site business group, he was named marketing manager for process gases systems in 1991. Two years later, he became national marketing and sales manager for the chemical and refining industries. In 1995 he transferred to Tonawanda, New York, as worldwide business manager for gasification and worldwide plant sales in Praxair’s Global Supply Systems organization. In 1998 he was appointed president, Praxair Puerto Rico, and in 2000 he became vice president, U.S. West Region, for North American Industrial Gases. In 2003, he was named vice president and general manager-U.S. for Praxair Distribution, Inc., a cylinder-gases subsidiary. He became managing director of Praxair’s business in Mexico in 2004. Menezes holds a chemical engineering degree from Federal University of Rio de Janeiro, and a master’s degree in business administration from the State University of New York.

Organization Position Status
Praxair Inc. President, Praxair Europe Current
Praxair Mexico S.A. De C.V. Managing Director Current

George Ristevski was named president, Praxair Distribution, Inc., in 2007, responsible for Praxair’s cylinder-gases business in the U.S. and Canada. Ristevski joined Praxair in 1995 as director, corporate financial planning and analysis, responsible for evaluation of the performance of worldwide business units, project-based support, and financial analysis. In 1997 he transferred as finance director to Praxair Distribution, and was named vice president and controller for Praxair, Inc. in 2000. Since 2002, he has been president of Praxair Healthcare Services, Inc. He has a bachelor of science degree in mechanical engineering from Brown University and a master’s degree in business administration from Northwestern University. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. President, Healthcare Services Current
Praxair Healthcare Services President Former
Praxair Inc. Vice President, Healthcare Former
Praxair Inc. Finance Director Distribution Former
Praxair Inc. Controller Former
Electronic Data Systems Corporation NA Former
Northwestern University MBA Former
Brown University Bachelor of Science In Mechanical Engineering Former

Jim Fuchs became a senior vice president of Praxair, Inc. in 2006. He also is president of North American Industrial Gases, Praxair's largest business unit, and president of Praxair Canada, positions he has held since 2001. Fuchs joined the company in 1974 as technical sales representative in Toronto, Canada. He became a product manager in 1977 before being named area sales manager in 1980. Following assignments as business manager for oil field services; region manager, Western Canada; and general sales manager, he was appointed business manager for industrial gases in 1988. He became general manager, On-Site Business, in 1994 for the U.S. and was named managing director, Industrial Gases, Canada in 1995. He moved to Asia in 1996 as vice president, Praxair Asia, and was appointed president, Praxair Asia, in 1998. Fuchs is chairman of the U.S. Compressed Gas Association and a member of the board of the National Association of Manufacturers. A native of Regina, Canada, Fuchs earned a bachelor of science degree in electrical engineering from the University of Saskatchewan. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. President, Praxair Canada Current
Praxair Inc. Senior Vice President Former
Praxair Inc. General Manager, on-Site Business Former
Praxair Inc. Managing Director, Industrial Gases, Canada Former
Praxair Inc. Business Manager, Industrial Gases Former
Praxair Inc. Technical Sales Representative, Toronto, Canada Former
University of Saskatchewan Bachelor of Science Degree In Electrical Engineering Former

Joe Cappello was named president of Praxair Asia in 2008. He is responsible for the growth and profitability of Praxair’s businesses in China, India, South Korea and Thailand. Cappello joined Praxair in 1996 as director of investor relations and was named director, carbon dioxide, in 1999. In 2001 he assumed responsibility for the global helium and rare gases business and subsequently led the Praxair Services and AMKO businesses. He was named vice president, Business Management, for North American Industrial Gases in 2006, responsible for product management and pricing in the merchant market, on-site product management, competitor swaps and carbon dioxide sourcing. Cappello earned a bachelor of science degree in accounting from Montclair State College.

Organization Position Status
Praxair Inc. President, Praxair Asia Current

Mark Gruninger was named president of Praxair Surface Technologies, a global supplier of high-performance surface coatings, in 2006. Gruninger joined Praxair Surface Technologies in 1987 as a senior project engineer and led engineering and technology programs in advanced materials. He subsequently held positions as associate technology director, business manager for polishing products and vice president, Specialty Products. In 2002, he was appointed vice president of Praxair Electronics, with global responsibility for products and services supplied to the semiconductor industry. He became vice president, South Region, for the North American Industrial Gases business unit in 2005, responsible for Praxair’s business in a seven-state region which includes the company’s largest pipeline complex, along the Texas Gulf Coast A native of Martinsville, New Jersey, Gruninger earned bachelor’s, master's and doctorate degrees in ceramic engineering from Rutgers University. He also holds a master's of science degree in management from Purdue University. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com

Organization Position Status
Praxair Inc. President, Surface Technologies Current
Praxair Inc. Vice President, Specialty Products Former
Praxair Inc. Associate Technology Director Former
Praxair Inc. Business Manager, Polishing Products Former
Praxair Inc. Senior Project Engineer Former
Rutgers University Master's Degrees In Ceramic Engineering Former
Purdue University Master's of Science Degree In Management Former

Organization Position Status
Praxair Electronics Logistics President Current
Praxair Inc. President, Praxair Electronics Current

Murray Covello was appointed vice president, Global Operations Excellence and Development, in 2008. He is responsible for Praxair’s procurement, safety and health, environment, global productivity improvement, and sustainable development functions. Covello joined the company in 1981 as a project/process engineer in Sarnia, Ontario, Canada, and became a customer service engineer in 1985. Following assignments in engineering, customer service, operations management and business analysis, he joined the on-site team in 1993 was named national sales/business manager for the on-site business in 1998. In 1999, he was named managing director for Praxair Canada. He transferred to the U.S. as vice president, Operations & Services, for North American Industrial Gases in 2002. In 2005, he moved to Shanghai as president of Praxair Asia. A native of Calgary, Alberta, Canada, Covello earned a bachelor’s degree in applied science in mechanical engineering from the University of Toronto and a master’s degree in business administration from York University. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. President, Asia Current
Praxair Inc. Vice President, Operations & Services, for North American Former
Praxair Inc. Managing Director, Canada Former
Praxair Inc. Sales, Business Manager, on-Site Business Former
York University MBA Former
University of Toronto Bachelor’S Degree Former

Organization Position Status
Praxair Inc. President, Europe Current
Praxair Inc. Senior Vice President, Sales Former
Praxair Inc. Director, Global Account Management Former
Cleveland State University Bachelor of Arts Degree Former

Organization Position Status
Praxair Healthcare Services President Current
Praxair Inc. President, Praxair Healthcare Services, Inc. Current

Organization Position Status
Praxair Inc. President, Distribution, Inc. Current
Praxair Inc. Vice President, Business Operations Former
Praxair Inc. Regional Sales Director, U.S. Merchant Gases Former
Praxair Inc. Manager , Information Systems Former
Praxair Inc. Worldwide Controller, Praxair Surface Technologies Former
Praxair Inc. Business Analyst, Information Systems Former
The University of Western Ontario Bachelor of Science Degree In Biology Former
University of Windsor Bba Former

Jim Sawyer became executive vice president and chief financial officer of Praxair, Inc. in 2006. He had been senior vice president and chief financial officer since 2003. He is responsible for the company’s finance, audit, treasury, accounting, tax, information technology and investor relations functions. He also oversees Praxair Surface Technologies, a subsidiary that produces high-performance coatings for the aircraft-engine and other markets. Sawyer joined the company in 1985 and became assistant treasurer the following year. In 1986, he was named manager of capital markets planning and three years later became area treasurer for Europe. He was appointed assistant treasurer for Praxair in 1992, vice president and treasurer in 1994, and vice president and chief financial officer in 2000. A native of Greenwich, Connecticut, Sawyer holds a bachelor of science degree in geology and environmental sciences from Wesleyan University, and a master's degree in business administration from the Sloan School of Management at Massachusetts Institute of Technology. He is a member of the Conference Board’s Senior Financial Officers Council and the Financial Executives Institute. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Chief Financial Officer Current
Financial Executives Institute Member Current
Aspen Aerogels, Inc. Board of Directors Current
Financial Executives Institute Board Member Current
Praxair Inc. President Former
Praxair Inc. Executive Vice President Former
Praxair Inc. Manager, Capital Markets Planning Former
Praxair Inc. Treasurer, Europe Former
Union Carbide Corporation Former
Praxair Inc. Treasurer Former
MIT Sloan School of Management MBA Former
Wesleyan University Bachelor Science Degree Former

Jim Fuchs became a senior vice president of Praxair, Inc. in 2006. He also is president of North American Industrial Gases, Praxair's largest business unit, and president of Praxair Canada, positions he has held since 2001. Fuchs joined the company in 1974 as technical sales representative in Toronto, Canada. He became a product manager in 1977 before being named area sales manager in 1980. Following assignments as business manager for oil field services; region manager, Western Canada; and general sales manager, he was appointed business manager for industrial gases in 1988. He became general manager, On-Site Business, in 1994 for the U.S. and was named managing director, Industrial Gases, Canada in 1995. He moved to Asia in 1996 as vice president, Praxair Asia, and was appointed president, Praxair Asia, in 1998. Fuchs is chairman of the U.S. Compressed Gas Association and a member of the board of the National Association of Manufacturers. A native of Regina, Canada, Fuchs earned a bachelor of science degree in electrical engineering from the University of Saskatchewan. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Chief Information Officer Current
Praxair Inc. Vice President, Financial Services Former
Praxair Inc. Director, Financial Services, American Industrial Gases Former
Praxair Inc. Controller, Helium Business Former
University of Nebraska Bachelor Science Degree In Business Administration Former

Organization Position Status
Praxair Inc. CIO & Vice President, Finance Services Current

Organization Position Status
Praxair Electronics Logistics CTO & Corp Vice President Current
Praxair Inc. Vice President, Chief Technology Officer Current

Ricardo Malfitano was appointed executive vice president of Praxair in 2006. He is responsible for Praxair’s businesses in South America and Asia as well as for the electronics and healthcare businesses and the company’s packaged gases business in the U.S. and Canada. He also provides leadership for safety and environmental compliance, Global Operational Excellence, Global Supply Systems and Procurement. Malfitano joined White Martins, Praxair’s Brazil-based subsidiary, in 1978 and held a variety of positions before being named division manager, Medical Gases, in 1989 and then general manager, Industrial Gases, in 1992. He transferred to Praxair’s headquarters in the U.S. in 1993 to lead a reengineering effort aimed at improving Praxair's sales and marketing effectiveness. In 1994 he was named director of the global semiconductor materials business. Two years later he returned to Brazil as executive director, Industrial Gases. He moved back to the U.S. in 1998 as president, North American Industrial Gases, Praxair’s largest business unit. In 2001 Malfitano was appointed chief executive officer of White Martins, and president, Praxair South America. He became senior vice president of Praxair, Inc. in 2003. A native of Rio de Janeiro, Malfitano earned a degree in metallurgical engineering from Catholic University in Rio de Janeiro. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Executive Vice President Current
Praxair Inc. President, South America Former

Dan Yankowski was named vice president, Global Supply Systems, in 2005. He is responsible for the design, construction and supply of plants and systems that produce atmospheric and process gases to Praxair regional businesses worldwide, and for sale of equipment to third parties. Yankowski began his career with the company as a plant engineer in 1980. Following assignments in production and customer service, he was named plant manager in Alabama in 1989. Two years later, he became on-site business/sales manager in Houston, Texas, and, in 1995, was named project business manager in the Equipment and Engineering Services group in Tonawanda, New York. He transferred to Rio de Janeiro as executive director, engineering, in 1996, and assumed the position of vice president, global process gases, back in Tonawanda in 1998. Following an assignment as global vice president, Chemicals and Refining, he was named vice president, South Region, for North American Industrial Gases in 2000. Yankowski holds a bachelor of science degree in mechanical engineering from Pennsylvania State University. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President, Global Supply Systems Current
Praxair Inc. Executive Director, Engineering Former
Praxair Inc. Project Business Manager Equipment and Engineering Services Group Former
Praxair Inc. Plant Engineer Former
The Pennsylvania State University Bachelor of Science Degree In Mechanical Engineering Former

Organization Position Status
Praxair Inc. Vice President, Procurement & Materials Management Current
Praxair Inc. General Manager, Primary Metals, North America Former
Praxair Inc. Sales, Business Manager Primary Metals Former
Lehigh University Bachelor’S Degrees Former
Praxair Inc. Region Engineer, Merchant Sales Former

Jim Breedlove was named senior vice president, general counsel and corporate secretary of Praxair in 2006. He joined Praxair as vice president, general counsel and corporate secretary in 2004. Before that, Breedlove was senior vice president and general counsel at GE Equipment Services in Stamford, Conn. He joined a division of General Electric Capital Corp. in 1992 as vice president and chief general counsel with global responsibility for legal and environmental affairs. He was also responsible for acquisitions, litigation management, antitrust compliance and employment law. He was promoted to senior vice president and general counsel in 1994. From 1990 to 1992, Breedlove served as assistant to the Attorney General in the U.S. Department of Justice in Washington. From 1978 to 1990, he held several positions with Philip Morris Companies, Inc., with responsibility for issues related to the SEC, corporate governance, financing, antitrust and litigation management. He also spent three years with Davis Polk & Wardwell in New York. A native of Danville, Va., Breedlove holds a bachelor of arts degree in history from Harvard College, a law degree from Harvard Law School and a master's degree in business administration from the Harvard Business School. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. General Counsel, Vice President & Secretary Current

Organization Position Status
Praxair Inc. Vice President, Marketing Praxair Distribution Current

Organization Position Status
Praxair Inc. Vice President, Global Sales Current
Praxair Inc. Sales Director, U.S. Eastern Region Former
Praxair Inc. Manager, Market Planning Former
The University of Houston MBA Former
Louisiana State University Bachelor’S Degree In Accounting Former

Organization Position Status
Praxair Inc. Vice President, Procurement & Matls Current

Organization Position Status
Csf Technology Vice President & Controller Current
Praxair Inc. Vice President & Controller Current

Mike Allan joined Praxair as vice president and treasurer in 2000. Previously, Allan had brief assignments in the venture capital and internet industries. From 1992 to 1997, he was vice president and treasurer of James River Corporation (now Fort James), a $6.3-billion global consumer paper products company in Richmond, Virginia. Before joining James River, he spent 16 years with The Toronto Dominion Bank in various senior positions, including managing director of communications finance in both Toronto and New York. Allan holds a bachelor of arts degree in economics from Bowdoin College. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President Current
Praxair Inc. Treasurer Current
James River Corporation Vice President Former
The Toronto-Dominion Bank Managing Director, Communication Finance Former
James River Corporation Treasurer Former
Bowdoin College Bachalor, Arts Degree In Economics Former

Organization Position Status
Praxair Inc. Vice President, Production Current

Nigel Muir was appointed vice president, Communications & Public Relations, in February 1994. He is responsible for the direction and strategic alignment of all Praxair communications worldwide, including external, internal, financial and marketing communications. He is also President of The Praxair Foundation. Before joining Praxair, he was head of Public Relations for British Petroleum in London, U.K., for three years and director of Public Affairs for BP America, Inc. in Cleveland, Ohio, for six years. Prior to that, he had held senior public affairs positions at Westinghouse Electric Corp., United Technologies Corp., Pan American World Airways and Qantas Airways. A native of Sydney, Australia, Muir studied at London University, U.K., and is a graduate of the Executive Management School, University of California, Berkeley. He is a Fellow of the Royal Geographical Society, and a member of the PR Seminar and Arthur W. Page Society. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President, Corp Communications & Public Relations Current

Organization Position Status
Praxair Inc. Vice President Current
Praxair Inc. Board of Directors Current
Praxair Inc. Controller Former
Raychem Financial, Management Positions Former
Santa Clara University MBA Former
San Jose State University Bachelor of Science Degree In Business Administration Former

Rick Steinseifer was named vice president, Mergers and Acquisitions, for Praxair, Inc. in 2005. He has primary responsibility for the implementation of all merger, acquisition, divestiture and joint- venture transactions for the company, its affiliates and subsidiaries. Steinseifer joined Praxair in 1996 as director of financial services for Praxair’s largest business unit, North American Industrial Gases. In 2001, he was named director of acquisitions for Healthcare and, in 2003, his role was expanded to vice president, business development. Prior to joining Praxair, Steinseifer held positions as vice president, controller and director, international business development, during his six years at Liquid Carbonic, the industrial gases division of CBI Industries. Prior to that, he spent eight years with GE Medical Systems and four years with J.I. Case Company in financial management positions. Steinseifer earned a bachelor of arts degree in accounting from Carthage College in Kenosha, Wisconsin, and completed the GE Financial Management Program. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President, Mergers & Acquisitions Current
Praxair Inc. Director , Acquisitions for Healthcare Former

Organization Position Status
Praxair Inc. Vice President Global Operations Excellence Current
Praxair Inc. Director, Safety and Operations Former
Praxair Inc. Manager,Operations Engineering Former
Praxair Inc. Mechanical Equipment Engineering Group Former
The Pennsylvania State University Bachelor of Science Degree In Mechanical Engineering Former

Organization Position Status
Praxair Inc. Vice President, Acquisition Current

Organization Position Status
Praxair Inc. Vice President, Tax Current

Sally Savoia was named vice president, Human Resources, for Praxair in 2002. Savoia joined the company in 1981, holding positions in marketing, operations and quality before being named business manager, merchant gases, North America, in 1989. In 1993, she was named associate director, Investor Relations, and the following year became director of Praxair's worldwide re-engineering and quality programs. She was named vice president and general manager, Helium and Rare gases, in 1996 and became vice president, Healthcare, in 1998. A native of Connecticut, Savoia earned a bachelor's degree in chemistry from Mount Holyoke College and a master's degree in business administration from Harvard University. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President, Human Resources Current
Praxair Inc. General Manager, Helium and Rare Gases Former
Praxair Inc. Director, Worldwide Re, Engineering and Quality Programs Former
Praxair Inc. Business Manager, Merchant Gases, North America Former
Praxair Inc. Marketing, Operations Positions Former
Harvard University MBA Former
Mount Holyoke College Bachelor's Degree In Chemistry Former

Organization Position Status
Praxair Inc. Vice President, Marketing Current

Sunil Mattoo was named vice president, strategic planning and marketing in 1999. Mattoo joined Praxair in 1995 as vice president, Marketing, and took on responsibility for strategic planning in 1997. Before joining Praxair, Mattoo was director of marketing at AlliedSignal, Morristown, New Jersey. Prior to that, he was a strategy and marketing consultant with McKinsey & Co. in Chicago and Stockholm. He also has held marketing management positions with Unisys AB in Sweden and Ericsson Information Systems in Denmark. A native of India, Mattoo earned a bachelor’s degree in economics from the University of Delhi. He also holds a master's degree in business administration from the University of Lucknow, India, and a master’s of science degree in business systems analysis and design from London City University in the United Kingdom. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Vice President, Strategic Planning & Marketing Current
McKinsey & Company, Inc. Strategy and Marketing Consultant Former
University of Delhi Bachelor’S Degree In Economics Former

Organization Position Status
Praxair Inc. Vice President, US East Region Current

Organization Position Status
Praxair Inc. Vice President, Operations Excellence & Supply Sys Current

Tim Heenan was named vice president, Tax, in 2007, with worldwide responsibility for Praxair’s global, regional and local tax strategies and maintenance of sound tax policy and practices. Heenan joined Praxair in 2004 from Ernst & Young where he last served as a senior manager specializing in the development and implementation of international tax strategies for multinationals based both in the U.S. and outside the U.S. He holds a bachelor of science degree from Siena College, a master's degree in accounting from the State University of New York and a law degree from Albany Law School.

Organization Position Status
Praxair Inc. Vice President, Tax Current

Organization Position Status
Praxair Inc. Director of Human Resources Current
Girl Scouts of The Connecticut Valley Board of Directors Current
Union Carbide Corporation Human Resources Director Former

Organization Position Status
Praxair Inc. Director, Marketing Current

Organization Position Status
Praxair Inc. Director, Investor Relations Current

is an honor graduate of Farleigh Dickinson University, Rutherford, N.J. with a BS Degree in Business Management. He also holds certificates from NYU Graduate School and The Wharton School. He joined union Carbide in 1959 as a creative copywriter; held positions in communication and marketing, and is currently the Director of Distributor Marketing for Praxair. He has authored a number of articles for industry publications and has been a frequent presenter at NWSA meetings, most recently on the subject of electronic commerce and his experiences on the WWW where he operates two sites: Nana's Attic and Cromwell Creative.

Organization Position Status
Praxair Inc. Director of Distributor Marketing Current
The Specialty Gas Report Board of Directors Current

Organization Position Status
Praxair Inc. Director, Marketing Current

Organization Position Status
Praxair Inc. Director of Distribution and Applications Engineering Current
Ride for Roswell Event Support Chair Current

Organization Position Status
Praxair Inc. Director, Business Current

Anne Roby became senior vice president, Global Sales, for Praxair, Inc. in 2009. Roby joined Praxair in 1991 as a development associate in the company's R&D organization. She became global marketing manager for chemicals and refining in 1996 and moved to Houston in 1999 to become a pipeline sales and business manager in the North American Industrial Gases business unit. She was named area director in 2004, responsible for commercial activities related to both pipeline and merchant atmospheric products. In 2006, she became vice president of the U.S. South Region, responsible for the growth and profitability of Praxair’s business in a seven-state area that includes many of Praxair’s major chemicals and refining customers. Roby earned a bachelor's degree from Villanova University and a doctorate in chemical engineering from the University of Delaware. She holds four patents for industrial gas applications. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Marketing Manager Current

Barry McGinley was named vice president, Global Procurement and Materials Management, in 2008. He is responsible for creating strategic supplier relationships worldwide in order to continuously improve the quality of equipment and services delivered to Praxair while reducing total costs. He is based in Shanghai, China. McGinley joined Praxair’s Global Supply Systems organization in 1996, initially executing projects in India. He later held project-management positions for standard, cryogenic and hydrogen plant installations. He also directed a low-cost-country sourcing program before taking on the role of director, Global Supply Systems-Europe in 2006. In 2007, he was named director, global project procurement, and relocated to Shanghai. Prior to joining Praxair, McGinley had served in a wide variety of engineering and project management assignments internationally for Mobil Oil Corporation beginning in 1990. McGinley earned a bachelor’s degree in mechanical engineering from Pennsylvania State University and a master’s degree in business administration from the State University of New York at Buffalo. He is a certified project management professional. Praxair is the largest industrial gases company in North and South America, and one of the largest worldwide, with 2008 sales of $10.8 billion. The company produces, sells and distributes atmospheric, process and specialty gases, and high-performance surface coatings. Praxair products, services and technologies bring productivity and environmental benefits to a wide variety of industries, including aerospace, chemicals, food and beverage, electronics, energy, healthcare, manufacturing, metals and others. More information on Praxair is available on the Internet at www.praxair.com.

Organization Position Status
Praxair Inc. Program Manager, Supply Sys, Global Current

Organization Position Status
Praxair Inc. General Manager, Central California Division Current
Praxair Distribution, Inc. General Manager, Central California Division Former
Praxair Distribution, Inc. General Manager, Central California Division Former

Organization Position Status
Praxair Inc. Marketing Manager Current

Organization Position Status
Praxair Inc. Senior Manager, Sourcing Current

Ms. Gargalli is a trustee emeritus of Carnegie Mellon University and Middlebury College and she is also a director of Baker Hughes, Inc., and Virginia National Bank.

Organization Position Status
Tracer Research Executive Session Presiding Director of Praxair Current
Middlebury College Trustee Emeritus Current
Carnegie Mellon University Trustee Emeritus Current
Praxair Inc. Chair, Finance & Pension Current
Baker Hughes Incorporated Board Director Current
Virginia National Bank Board Director Current
Tracer Research Board of Directors Current
Baker Hughes Incorporated Compensation Committee Member Current
Praxair Inc. Director Former
Intermec, Inc. Director Former

Executive News

  • Praxair Issues $400 Million of 1.75% Notes Due 2012

    Business Wire - 11/10/09 - View Story

  • Praxair Issues $600 Million of 4.500% Notes Due August 15, 2019

    Business Wire - 8/11/09 - View Story

  • Praxair Issues $300 Million of Five-Year Bonds

    Business Wire - 3/23/09 - View Story

  • Penske Automotive Group To Purchase Rallye Motors - Quick Facts [PAG]

    RTTNews.com - 11/07/07 - View Story

  • Avnet Finalizes Purchase Of Betronik GmbH - Quick Facts [AVT]

    RTTNews.com - 11/07/07 - View Story

  • Praxair Issues $325M 10-Year Bonds

    AOL.com - 3/10/07 - View Story

  • Praxair Issues $325 Million of Ten-Year Bonds

    Business Wire - 3/08/07 - View Story

  • Praxair Issues $400 Million of Ten-Year Bonds

    Business Wire - 10/30/06 - View Story

advertisement
     PX $81.62 -0.51 (-0.62% )
Average Volume 1,921,860
Shares Outstanding 306.32M
Market Cap 25.0B
Year High 86.07
Year Low 62.46
Earnings Per Share 4.01
P/E Ratio 20.35
Dividend 1.80
Yield 2.21
advertisement