Praxair, Inc. : Praxair Announces Promotions of Menezes, Telez -- Executive Vice President Ricardo Malfitano Announces Retirement
January 25, 2012 at 08:44 am EST
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Praxair Announces Promotions of Menezes, Telez -- Executive
Vice President Ricardo Malfitano Announces Retirement
DANBURY CT, January 25, 2012 -- Steve Angel, chairman and
chief executive officer of Praxair (NYSE: PX), has
announced that Eduardo Menezes has been promoted to
executive vice president and will continue to lead the U.S.
Industrial Gases businesses, Praxair Mexico and Praxair
Canada businesses. Scott Telesz has also been promoted to
executive vice president and will now lead Praxair Asia in
addition to Praxair Europe/Russia, Praxair Surface
Technologies, Middle East, Strategic Planning and Global
Procurement & Materials Management.
These promotions are effective on March 1, 2012, following
the retirement of executive vice president Ricardo
Malfitano.
"Eduardo and Scott are proven leaders who will continue to
drive our global expansion and deliver outstanding results
for the pany," said Angel. "Ricardo has been a dynamic
leader at Praxair for many years and we will miss him. We
wish him all the best in his retirement."
Menezes has been president of Praxair's largest business
unit, North American Industrial Gases, since 2010 and was
elected senior vice president in 2011. He joined the pany
at White Martins, a Praxair subsidiary based in Brazil, in
1986, and has held positions of increasing responsibility
including managing director of Praxair's business in Mexico
and president of Praxair Europe. Menezes holds a chemical
engineering degree from Federal University of Rio de
Janeiro and an MBA from State University of New York.
Telesz was appointed senior vice president of Praxair and a
member of the executive leadership team in 2010. He is
responsible for Praxair's gases business in Europe, India
and the Middle East, Praxair Surface Technologies,
healthcare markets and the pany's Global Procurement and
Materials Management group. Prior to joining Praxair,
Telesz was with SABIC Innovative Plastics where he managed
the pany's $2.5 billion global resins business. Prior to
that, he held a variety of general management positions
with General Electric and McKinsey. Telesz earned a degree
in electrical engineering from Duke and an MBA from Harvard
Business School.
Praxair, Inc. is the largest industrial gases pany in North
and South America, and one of the largest worldwide, with
2011 sales of approximately $11 billion. The pany produces,
sells and distributes atmospheric, process and specialty
gases, and high-performance surface coatings. Praxair
products, services and technologies are making the planet
more productive by bringing efficiency 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.
Media Contact: Sue
Neumann, (203) 837-2311
Investor Relations Contact: Kelcey Hoyt, (203)
837-2118
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