Linde has today (25th Oct) confirmed that Sanjiv Lamba will succeed Steve Angel as its CEO, effective 1st March (2022).

Having served at the industrial gas giant for more than 30-years, Lamba has held various leadership roles and is currently the company’s Chief Operating Officer, a role he has held since October 2020.

Within this role Lamba is responsible for the regional operating segments of the Americas, APAC, and EMEA, as well as Linde Engineering, Lincare, and certain global functions, initiatives and businesses.

“I am truly honoured to lead this outstanding company into the future,” Lamba said.

“Linde is exceptionally well-positioned to capitalise on profitable growth opportunities in several end markets, including electronics, healthcare and clean energy.”

“I look forward to working with the talented Linde team to continue driving out high-performance culture and create sustainable value for Linde shareholders.”

As of 1st March (2022), Steve Angel, Linde’s current CEO, will become Chairman to succeed Wolfgang Reitzle who will retire after nearly 20 years with the company.

Angel was named CEO of Linde plc in 2018 and successful led the merge of Linde AG and Praxair into the world’s largest global industrial gases and engineering company.

Read more: A new leader crowned: Praxair and Linde to complete $90bn merger of equals

Prior to joining Linde, Angel served as Chairman, President and CEO of Praxair.

“It has been a privilege to lead Linde to become the best performing industrial gases and engineering company in the world,” Angel said.

“As Chairman, I look forward to working with Sanjiv as we further strengthen Linde’s reputation for excellence.”

“I am confident that under Sanjiv’s leadership, Linde will maintain our high-performance culture, aggressively implement our new sustainability goals and leverage the many growth opportunities we have in front of us to create significant shareholder value.”

In December last year (2020), Lamba was the official Opening Keynote for gasworld’s first ever Virtual Event in December last year, when he said, “Beyond the pandemic and into the future, digitisation is going to play our role in every aspect of our business. That’s not going to happen tomorrow, that already started happening yesterday. The pace at which we, and our businesses adapt and adopt, is going to determine how quickly and successfully we manage this transition.”

“This holds true for every enterprise, large or small, so that’s an interesting conversation that you should be having in your business, about how does digitisation impact your business, your entry to the market, your interface to the customer, your back-end distribution and supply chain?”

Read more: Heroes, high hopes and hydrogen

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A succession change like no other?

Analysis by Rob Cockerill, Global Managing Editor

This is an interesting development on so many levels.

The very top leadership roles of these huge Tier One players seldom change hands very often, and particularly so if those companies are performing well. That’s why it’s so fascinating to see succession planning in progress, and I look forward to seeing this changing of the guard when it happens in March.

Lamba’s leadership of the business will come at an exciting, if not transitional, time for the business and the industry as a whole. In fact, it’s arguably the most opportunistic time for the industry and those leaders within it and, equally, the most challenging.

This is a whole new period for the industry. It feels very much as though the industrial and specialty gas ecosystem of today and tomorrow is being re-imagined and reinvigorated before our eyes.

For any of the top executives in the industry, it isn’t going to be just about building footprint, delivering strong margins and carving out new growth drivers as we may have seen in years gone by. This is a time of juggling all of those core goals against a backdrop of megatrends that challenge and stimulate the gases industry.

Huge opportunities exist in decarbonisation and sustainability, with the industry undoubtedly at the forefront of this transition – but those same opportunities come with their own challenges. The industry itself has to decarbonise and move to a new footing…

Read the full column from gasworld Global Managing Editor Rob Cockerill, here.