BOC man quits

The president of BOC Gases Americas and chairman and chief executive of BOC Process Plants and Cryostar, Seifi Ghasemi, has quit, industrial gases group, BOC said yesterday. In a statement, Mr Ghasemi said he was leaving because he wanted the chance to run a company in his own right.

"Since joining the BOC Group in 1979, I have steadily moved up the organisation and achieved most of my career objectives. I am, however, of similar age to Danny Rosenkranz, BOC's chief executive, and therefore cannot see an opportunity to move forward and run a company in my own right." BOC said it expected to announce Mr Ghasemi's replacement and "other consequent organisational changes in the near future."