AptarGroup Inc. needs to find a new leader as current CEO Stephen Hagge will retire by the end of the year.
The Crystal Lake, Ill.-based company said Hagge, who has been with the company for 35 years, will remain a director.
“It's not an easy decision to retire from such a great company like Aptar. I'll be 65 at the end of the year, I have good health, and I'm happy to be moving on to the next phase of my life where I can spend more time with my family,” Hagge said in a statement.
“I expect a smooth transition once a successor has been named,” he continued.
AptarGroup supplies dispensing systems for the beauty, personal care, home care, prescription drug, consumer health care, injectables, food and beverage markets