AptarGroup, Inc. announced that Chairman of the Board King Harris will be retiring effective May 2, 2018, at the annual meeting of stockholders. The company’s Board of Directors has elected current director George Fotiades to replace Harris as Chairman upon his retirement. Separately, the Board appointed Craig Owens and Jesse Wu to the Board of Directors effective February 1, 2018. Mr. Owens is the former Chief Financial Officer and Administrative Officer of Campbell Soup Company. In addition, he was the Chairman of the company’s Operating Committee. Mr. Wu currently advises private equity firms and previously held senior leadership roles at Johnson & Johnson, including Chairman of Johnson & Johnson China and Worldwide Chairman of the company’s Consumer Healthcare Division.
AptarGroup, Inc. is engaged in designing and manufacturing of drug and consumer product dosing, dispensing and protection technologies. The Company serves various end markets, including pharmaceutical, beauty, food, beverage, personal care and home care. The Company operates through three segments: Aptar Pharma, Aptar Beauty and Aptar Closures. Aptar Pharma segment supplies nasal drug delivery spray pumps and metered dose inhaler valves (MDIs) to the pharmaceutical and healthcare markets worldwide and supplies elastomer for injectable primary packaging components worldwide. The segment also provides services designed to accelerate and de-risk the development and regulatory approvals of drugs using drug delivery devices. The Aptar Beauty segment sells a variety of pumps, airless systems and valves to the fragrance, color cosmetics, facial skincare, personal care and home care markets. Aptar Closures segment primarily sells dispensing closures.