Linde Names CEO Sanjiv Lamba as Chairman, Succeeds Retiring Steve Angel; Appoints Sean Durbin as COO

Linde (NASDAQ:LIN) is one of the best NASDAQ stocks to buy according to hedge funds. On September 29, Linde announced that its Board of Directors has appointed Sanjiv Lamba, the current Chief Executive Officer, to the additional role of Chairman of the Board, effective January 31, 2026. Lamba will succeed Steve Angel, who plans to retire from Linde’s Board on the same date.

The Board believes this combined leadership structure, with Lamba serving as both CEO and Chair, is the most effective model for the company at this time. Steve Angel will retire after 25 years of distinguished service to Linde and its predecessor company. His tenure included serving as Chairman since 2022, Chief Executive Officer from 2018 to 2022, and Chairman and Chief Executive Officer of Praxair from 2007 to 2018.

In conjunction with these Board-level changes, Linde also announced the appointment of Sean Durbin as Chief Operating Officer, effective October 1. Durbin, who has been with Linde for more than 30 years, most recently served as Executive Vice President of Linde North America since September 2023.

Linde (NASDAQ:LIN) operates as an industrial gas company in the US, China, Germany, the UK, Australia, Mexico, Brazil, and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.