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DUNCAN H. MELDRUM, PhD
Air Products and Chemicals, Inc.

Duncan Meldrum is the Chief Economist for Air Products and Chemicals, Inc., a $5.5 billion industrial gas and chemicals company serving customers in over 30 countries. As Chief Economist, he assesses the impact of the economic environment on the company's performance for the executive management team and develops global economic assumptions for the company's operating plans. He provides operating groups with pricing assistance, contract support and market analyses. He also serves as the company's economics spokesperson.

Meldrum joined the company in 1979 as an analyst in the management sciences department, became manager of the applied economics and statistics group in 1983, and senior economist in 1984. He assumed his present position in the Corporate Development Office in 1992. Prior to joining Air Products, Meldrum served on active duty in the U.S. Navy as an aviator and operations research specialist.

He received a B.S. degree from the U.S. Naval Academy in 1973, a M.S. degree in Operations Research from the U.S. Naval Postgraduate School in 1974, and a Ph.D. in Economics from Lehigh University in 1992.

Meldrum was elected President of the National Association for Business Economics (NABE) for the year beginning September 2003. He has published a number of articles in Business Economics, the professional journal of the association, covering topics such as country risk analysis and the practice of business economics at an industrial firm.

He is a member of the Advisory Committee to the U.S. Census Bureau. He serves on the Board of Directors of the APCI Federal Credit Union and the nonprofit Parkette National Gymnastics Center. His other professional associations include the Conference of Business Economists, the National Business Economic Issues Council, and the American Economics Association. He is married and has four children and one grandchild.

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