AptarGroup Inc. announces promotion of Ralph Poltermann to vice president - risk management.CRYSTAL LAKE, Ill.--(BUSINESS WIRE)--May 15, 1995--AptarGroup Inc. (NYSE NYSE See: New York Stock Exchange :ATR ATR Achilles tendon reflex, see Ankle reflex ) announced the promotion of Ralph Poltermann to vice president - risk management. In this new capacity, Poltermann will be responsible for AptarGroup's North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. 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 Spinoff A new, independent company created through selling or distributing new shares for an existing part of another company. Notes: Spinoffs may be done through a rights offering. 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 aerosol (âr`əsōl,–sŏl): see colloid. aerosol System of tiny liquid or solid particles evenly distributed in a finely divided state through a gas, usually air. 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 New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol ATR. CONTACT: AptarGroup Inc., Crystal Lake Steve Hagge, 815/477-0424 or Edelman Worldwide, Chicago Gary Strong, 312/280-7000 |
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