UPPER MACUNGIE TWP., Pa. -

There will soon be a new man at the helm of Lehigh Valley-based gas company Air Products.

The board of directors announced Wednesday that Seifi Ghasemi has been named the new chairman, president and CEO, effective July 1.

He will succeed John McGlade, who will retire on June 30.

Ghasemi is currently the head of Rockwood Holdings Inc. He was appointed to the board of Air Products in September 2013.

"The opportunity to advance this great company and improve returns is a tremendous privilege," Ghasemi said. "I look forward to working with all stakeholders to take Air Products forward."