PORT WASHINGTON, N.Y., Aug. 15, 2011 (GLOBE NEWSWIRE) -- Aceto Corporation (Nasdaq:ACET), a global leader in the marketing and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products and specialty chemicals today announced that Nicholas Shackley has been named International Senior Vice President-Active Pharmaceutical Ingredients.
Prior to Aceto, Mr. Shackley has had a 25 year professional career starting in England with the former British company ICI Specialties. He then transferred to the USA and joined Zeneca Specialties which was the predecessor company of Avecia Inc for 8 years, primarily in executive sales and business development roles. In 2004 he joined Cambrex where he continued to take leadership positions in Sales, Marketing & Business Development in both Pharma and Biopharma capacities. For the past 3 years, Nicholas has had P&L responsibility with BASF for their Pharmaceutical Ingredients and Service Business Unit as their Vice President-North America. Nicholas holds a Chemical Engineering degree from the Imperial College of London.
Commenting on the announcement, Albert Eilender, Chairman and CEO of Aceto said, "With our focus on accelerating growth in supplying quality ingredients for the pharmaceutical market on an international basis, we are delighted to have Nick join the Company in this leadership role. He is assuming responsibility for what has been a robust core activity for the Company and we are anticipating that with his more expansive and diverse set of experiences, we will be able to enlarge our base of business in this most dynamic facet of the pharmaceutical markets. Nick will report directly to Vincent Miata, President and COO."
ABOUT ACETO
Aceto Corporation, incorporated in 1947, is a global leader in the marketing and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products and specialty chemicals.. With business operations in ten countries, Aceto distributes over 1,100 chemical compounds used principally as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical consuming industries. Aceto's global operations, including a staff of 26 in China and 12 in India are distinctive in the industry and enable its worldwide sourcing and regulatory capabilities. (ACET-F)