UK-based manufacturer of packaging products, Chesapeake has promoted healthcare packaging lead Mike Cheetham as new CEO, since the current chief executive Jerry Kerins has moved to concentrate on the chairman role.
Cheetham has worked at the company for 15 years in both its cartons and plastics businesses and is currently vice president of Chesapeake’s pharmaceutical and healthcare division. He will continue to take direct responsibility for the pharmaceuticals and healthcare division in his new role.
Chesapeake said Kerins had been both chief executive and chairman of the business since April 2009, when the business was bought by a private equity consortium, but will now concentrate on his role as chairman and be based in the US.
Kerins said over the past two years, the company has benefited from an unmatched investment programme which has helped to reinforce the position as a leading supplier in each of the key markets served.
Chesapeake is currently expanding its Newcastle site to house operations from an ageing facility in Bradford that is being closed, in the UK. It has also invested heavily in an upgrade to its Northern Irish pharmaceutical cartons business, recently, reports packagingnews.co.uk.