Business Services Industry

AptarGroup Inc. announces promotion of Ralph Poltermann to vice president - risk management

Business Wire, May 15, 1995

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--May 15, 1995--AptarGroup Inc. (NYSE:ATR) announced the promotion of Ralph Poltermann to vice president - risk management.

In this new capacity, Poltermann will be responsible for AptarGroup's North American insurance programs and the coordination of company insurance coverages worldwide. He will also be directly responsible for the North American treasury operations, as well as coordinating the company's treasury, cash management functions and foreign currency hedging on a worldwide basis.

Poltermann joined AptarGroup in 1982 as accounting manager for Seaquist Dispensing, a division of AptarGroup, and was promoted to controller of the division in 1984. In 1987 he became manager of finance and materials at Seaquist Pumps, another AptarGroup subsidiary. In September 1992 Poltermann was transferred to AptarGroup's headquarters as group finance and insurance manager. In this most recent capacity, Poltermann was part of the management team responsible for Aptar's successful spinoff from Pittway Corp. in April 1993.

``It gives me great pleasure to announce Ralph's promotion,'' said Ervin J. LeCoque, chairman and chief executive officer of AptarGroup. ``Ralph has been a significant contributor to the growth and overall success of both Seaquist and AptarGroup.''

AptarGroup Inc. is a leading international manufacturer, designer and marketer of pumps, aerosol valves and dispensing closures for personal care, fragrance, cosmetic, pharmaceutical, household and food products. AptarGroup is headquartered in Crystal Lake, and had 1994 worldwide sales of $474 million. The company's stock is traded on the New York Stock Exchange under the symbol ATR.

CONTACT: AptarGroup Inc., Crystal Lake

Steve Hagge, 815/477-0424

or

Edelman Worldwide, Chicago

Gary Strong, 312/280-7000

COPYRIGHT 1995 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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