BNET Industries

Aceto Corp.

Market Cap:$129.8M
Last Fiscal Year Sales:$359.5M
  • Public
  • US
Dow Jones Description

Aceto Corporation, incorporated in 1947, is a global leader in the sourcing, regulatory support, marketing and distribution of chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals and agrochemicals. With a physical presence in ten countries, we distribute over 1,000 pharmaceuticals and chemicals used principally as raw materials in the pharmaceutical, agricultural, color, surface coating/ink and general chemical consuming industries. Our global operations, including a staff of 26 in Shanghai and 12 in India, are unique in our industry and enable our worldwide sourcing and regulatory capabilities. Many of the world's leading companies rely on Aceto to supply the chemicals they use as raw materials and active ingredients in their products. Being in this business for almost 60 years, our experience is unmatched. Acquisitions in recent years have made Aceto a truly global company and one of the largest independent distributors of chemicals for the pharmaceutical, biopharmaceutical, specialty chemicals and agrochemical industries. Among Aceto's greatest strengths are our experienced worldwide staff and their ability to meet individual customer needs. Our marketing, sales and technical professionals are experts in the industries they serve, and have an intimate knowledge of worldwide sources of supply, product applications and technical requirements. This means that customers in a wide range of industries can rely on Aceto to bring the world closer to...

Chairman, CEO, President
Leonard S. Schwartz
Number of Employees 227
Contact Information

1 Hollow Ln

Lake Success, New York 11042-1215

aceto.com

(516) 627-6000

NAICS Code Other Chemical and Allied Products Merchant Wholesalers: 424690

Recent Events

  • Starbucks Net Up; Scripps Networks Sales Rises

    11/06/09 - Financial Announcement - View Story

  • Aceto Corp. Chairman And CEO Leonard Schwartz To Resign - Quick Facts

    10/21/09 - Board Member - Leaving - View Story

  • Aceto Announces Fiscal 2009 Fourth Quarter Results of Operations

    9/13/09 - Financial Announcement - View Story

News & Analysis

aceto corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Vincent Miata President
Douglas Roth Cfo, Secretary, Treasurer
Lane Hollow Senior Vice President
Albert Miseje Vice President
Amy Rogers Assistant Vice President & Director, Transportation
Brian Shapiro Vice President, Human Pharmaceuticals
David Bercher Assistant Vice President
David Petrocine Vice President, Regulatory Affairs
David Rimmler Vice President, Veterinary Pharmaceuticals
Edward Kelly Controller & Assistant Vice President
Jason Levi Assistant Vice President
John Larocca Vice President
Keith Wilkinson Group Vice President
Leonard Lawton Group Vice President
Marlene Felix Assistant Vice President
Raymond Bartone Vice President
Roger Weaving Jr. Vice President
Roy Goodman Group Vice President
Sean Isacsson Assistant Vice President
Terry Steinberg Vice President, Admin
Peter Tomasino General Manager, Sales
Gregory Aceto Partner
Frank Debenedittis Executive Vice President & Director, Global Pharmaceutical Strategy
Michael Sherin Director, Finance Reporting & Compliance
Simone Miller Corp Director, Environ & Regulatory Affairs
Theodore Ayvas Director of Corporate Communications & Investor Relations
Frank Jones Manager, Global Business Dev
Kevin Carraher Manager, HR & Facilities
Stanley H Fischer Director

Board of Directors

Name (plus bio) Position
Leonard S. Schwartz Chairman, CEO, President
Albert L. Eilender Chairman
Hans C. Noetzli Board of Directors
Robert Wiesen Board of Directors
William Britton Board of Directors

Leonard S. Schwartz. Mr. Schwartz has served as Chairman and Chief Executive Officer of the Company since July 1, 1997 and President since July 1, 1996. After joining the Company in 1969, Mr. Schwartz, a chemist by training, developed the Company's industrial chemicals business and had a key role in the management of the Company's subsidiaries.

Organization Position Status
Aceto Corporation Chairman, CEO, President Current
Aceto Corporation Board of Directors Current

Organization Position Status
Aceto Corporation President Current
Aceto Corporation Senior Vice President Current

Organization Position Status
Aceto Corporation Cfo, Secretary, Treasurer Current
Aceto Agricultural Chemicals Corp. CFO & Treasurer Current

Organization Position Status
Aceto Corporation Senior Vice President Current
Aceto Corporation Board of Directors Current

Organization Position Status
Aceto Corporation Vice President Current

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Aceto Corporation Assistant Vice President & Director, Transportation Current

Organization Position Status
Aceto Corporation Vice President, Human Pharmaceuticals Current

Organization Position Status
Aceto Corporation Assistant Vice President Current

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Aceto Corporation Vice President, Regulatory Affairs Current

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Aceto Corporation Vice President, Veterinary Pharmaceuticals Current

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Aceto Corporation Controller & Assistant Vice President Current

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Aceto Corporation Assistant Vice President Current

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Aceto Corporation Vice President Current

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Aceto Corporation Group Vice President Current

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Aceto Corporation Group Vice President Current

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Aceto Corporation Assistant Vice President Current

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Aceto Corporation Vice President Current

Organization Position Status
Aceto Corporation Vice President Current

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Aceto Corporation Group Vice President Current

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Aceto Corporation Assistant Vice President Current

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Aceto Corporation Vice President, Admin Current

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Aceto Corporation General Manager, Sales Current
Aceto Corporation General Sales Manager Former

Organization Position Status
Aceto Corporation Partner Current
Johnson & Aceto, Llp Partner Current
Vanderbilt University Law School Elliott E. Cheatham Scholar Former

Organization Position Status
Aceto Corporation Executive Vice President & Director, Global Pharmaceutical Strategy Current
Aceto Corporation Senior Vice President Current

Organization Position Status
Aceto Corporation Director, Finance Reporting & Compliance Current

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Aceto Corporation Corp Director, Environ & Regulatory Affairs Current

Organization Position Status
Aceto Corporation Director of Corporate Communications & Investor Relations Current

Organization Position Status
Aceto Corporation Manager, Global Business Dev Current

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Aceto Corporation Manager, HR & Facilities Current

Albert L. Eilender. Mr. Eilender is the sole owner of Waterways Advisory Services, a firm specializing in advising companies on developing and evaluating options relative to mergers, acquisitions and strategic partnerships in the chemical industry. He has more than 30 years of diverse senior level experience in the specialty chemicals and pharmaceutical industry and has had direct financial responsibility for managing businesses up to $300 million in revenues, with significant experience in mergers, acquisitions and joint ventures, both domestically and internationally. He has also served on the boards of numerous industry trade associations during his career.

Organization Position Status
Aceto Corporation Chairman Current

Hans Noetzli, age 65. Mr. Noetzli has served as a Synthetech director since October 2004. Mr. Noetzli has more than 30 years' experience in the fine chemicals industry. He served in many executive functions of the Alusuisse-Lonza Group, a custom manufacturer of active pharmaceutical ingredients, headquartered in Zurich , Switzerland , among them 16 years as Chief Executive Officer of Lonza, Inc. and as a member of the Executive Committee. Mr. Noetzli currently serves on the boards of directors of Aceto Corporation, a publicly owned company involved in the distribution and marketing of pharmaceutical and specialty chemicals, where he is a member of the Audit Committee, and IRIX Pharmaceuticals, Inc., a privately owned developer and manufacturer of active pharmaceutical ingredients. Mr. Noetzli holds a degree in Business Administration from the Basel Business School in Switzerland .

Organization Position Status
Synthetech, Inc. Board of Directors Current
Irix Pharmaceuticals, Inc. Board of Directors Current
Aceto Corporation Board of Directors Current
Irix Pharmaceuticals, Inc. Member Current
Lonza Inc. Chief Executive Officer Former
Swiss American Chamber of Commerce Board of Directors Former

Robert A. Wiesen. Mr. Wiesen is an attorney and partner in the law firm of Clifton Budd & DeMaria. He joined this law firm in 1979 subsequent to his employment with the National Labor Relations Board. He has handled matters for the Company relating to labor and employment law for over twenty years and he has written and lectured on labor law.

Organization Position Status
Clifton Budd & Demaria, Llp Partner Current
Aceto Corporation Board of Directors Current
Clifton Budd & Demaria, Llp Attorney Former
Brooklyn Law School Juris Doctor Degree Former
State University of New York at Buffalo Bachelor of Arts Degree Former

Organization Position Status
Fischer and Burstein President Current
Fischer and Burstein Partner Current
Fortress Global Investigations Corp Chairman Current
American Association for Justice Board of Directors Current
New York State Bar Association Board of Directors Current
Aceto Corporation Director Current
New York State Bar Association Member Current
New York University School of Law J.D. Degree Former

Mr. Britton is the sole owner of TD AIM, LLC through which he is involved in a variety of activities surrounding financial consulting and private equity investing. Mr. Britton is also a Vice Chairman of P and E Capital, Inc. a management company involved in real estate. Previously, Mr. Britton was a Senior Vice President with JP Morgan Chase. He has over 30 years of commercial lending experience ranging from large syndicated financings with Fortune 500 companies to privately owned businesses, with significant experience in private equity related transactions, asset based lending arrangements, leasing and many other forms of secured lending. He is a former Vice President-Finance for the Boy Scouts of America (Manhattan Council) and is on the board of the Rutgers Business School.

Organization Position Status
Aceto Corporation Board of Directors Current
Boyscouts.Com President, Finance Former
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     ACET $5.24 +0.05 (0.96% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 149,874
Shares Outstanding 24.78M
Market Cap 129.8M
Year High 11.7
Year Low 4.86
Earnings Per Share 0.21
P/E Ratio 24.95
Dividend 0.20
Yield 3.82
IndustryTop Rated
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