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Eminence grit

18 June 2014 By Christopher Swann

A $1.7 bln boost to Air Products’ value suggests he picked new CEO Seifi Ghasemi wisely. A similar bump after putting Apple whiz Ron Johnson in charge at J.C. Penney, though, soon cratered. Ghasemi’s unit-pruning skills should make him a better fit – and improve Ackman’s record.

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