Air Products announces the retirement of its Executive Vice President and Chief Financial Officer (CFO) Scott Crocco.
With Crocco’s departure on September 30, 2021, Melissa Schaeffer will succeed him as Senior Vice President and CFO, effective August 10, 2021.
Air Products parts ways with Scott Crocco
Schaeffer joined the company in June 2016 as Vice President and Director of Corporate Audit.
Responsible for leading the audit team, she oversaw compliance of the company’s activities.
In addition, Melissa Schaeffer was also responsible for investigations and the Sarbanes Oxley (SOX) compliance program.
In 2020, Schaeffer was appointed to a new position, that of Vice President, Finance-GEMTE, Americas, Middle East and India.
Since then, she has been responsible for decision support based on technology analysis, engineering and project execution.
She is also in charge of finance for equipment sales, plant support, technology and liquefied natural gas equipment.
“The right person with the right skills
According to Air Products CEO Seifi Ghasemi, Schaeffer is appointed “as Air Products continues to win significant growth opportunities around the world”.
Schaeffer “has excellent leadership skills, extensive global experience in various aspects of finance”.
She will ensure the progress of the “global leader in providing solutions to the world’s greatest energy and environmental challenges”.