Linde Announces New Chief Human Resources Officer: Desiree Bacher to Succeed David Strauss

Thursday, Aug 7, 2025 7:00 pm ET1min read

Linde has announced the retirement of David Strauss, Executive Vice President-Chief Human Resources Officer, on March 31, 2026. Desiree Bacher will succeed him as Senior Vice President-Chief Human Resources Officer on September 1, 2025. The company's stock has a Buy rating with a $525.00 price target and a moderate risk profile due to rising debt levels and economic uncertainties impacting volume sales.

Linde has announced significant executive changes with the retirement of David Strauss, Executive Vice President-Chief Human Resources Officer, effective March 31, 2026. Desiree Bacher will succeed Strauss as Senior Vice President-Chief Human Resources Officer, assuming the role on September 1, 2025. This transition comes amidst a strong analyst consensus on Linde's stock, with a Buy rating and a $525.00 price target [1].

Analysts have been particularly bullish on Linde, with 13 out of 13 analysts rating the stock as a strong buy or buy in the past three months. The average price target for Linde is $518.00, representing a 10.25% upside from its current price of $469.84 [1]. Despite this optimism, analysts have noted key risks, including rising debt levels and economic uncertainties impacting volume sales.

Linde's overall stock score is driven by strong financial performance and positive earnings call highlights, including record EPS and robust backlog growth. However, the company faces moderate risks with limited valuation upside [1].

The retirement of Strauss and the appointment of Bacher are part of Linde's ongoing efforts to adapt to a changing business environment. Bacher's experience and leadership will be crucial in navigating the company's human resources strategy moving forward.

References:
[1] https://www.tipranks.com/stocks/lin/forecast

Linde Announces New Chief Human Resources Officer: Desiree Bacher to Succeed David Strauss

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