Wilmingtonbiz logo
Print
Health Care

Pharma Company Names New CEO

By Jenny Callison, posted Jul 8, 2014

A pharmaceutical industry veteran has been tapped to lead Wilmington-based AAIPharma Services Corp., the company announced Tuesday.

Stephan Kutzer will assume the position of CEO of AAIPharma and Wisconsin-based Cambridge Major Laboratories Inc., effective Aug. 1, according to the company’s news release.

Kutzer comes to the merged companies from Lonza, Inc. – part of the Lonza Group, a Swiss chemicals and biotechnology company - where he has served in a variety of roles since 1996, the release stated. Most recently, Kutzer served as chief operating officer of Lonza Inc. as well as chief operating officer and president of several divisions. Prior to that, he had upper management responsibilities at Lonza’s facilities in Bayport, Texas and, earlier, in Lonza Guangzhou Ltd. in China, according to the release.

Kutzer holds a master’s degree in chemical and process engineering and a Ph.D. in engineering sciences (chemical engineering) from the Technical University of Munich, Germany, the release stated.

“Stephan brings valuable leadership experience with over 18 years in the pharmaceutical industry. His diverse background in operations, technical services, API [active pharmaceutical ingredient] development and manufacturing positions him well to take our company to the next level,” Susan Nestegard, acting CEO, said in the release. “He will continue our focus on best in class safety, quality and exceeding customer expectations to achieve our vision of being the Contract Manufacturing and Development Organization (CDMO) of first choice in the pharmaceutical sector.”

Nestegard, a member of the board of directors of American Capital Ltd., parent of AAIPharma and Cambridge Major Labs, has held the acting CEO role since early April, when previous CEO Patrick Walsh stepped down.

Walsh, appointed AAIPharma CEO in September 2010, led significant growth for the company, which included a major acquisition, development of a new 40,000-square-foot technology center at the company’s headquarters near Wilmington International Airport and the merger, in October, with Cambridge Major Laboratories.

Currently, AAIPharma and Cambridge Major Laboratories together provide comprehensive pharmaceutical development and manufacturing services to clients all over the world. The merged company employs almost 800 employees who operate out of seven sites in the U.S. and Europe, according to the release.

Join The Discussion

Similar Stories

In The Current Issue

The Byrd Group Gains Certification

Interim Health Care-The Byrd Group received certification from The Joint Commission, the nation’s oldest and largest standards-setting and accrediting body in health care.

Medical Residents Complete Programs

South East Area Health Education Center (SEAHEC) recently held graduation ceremonies for the latest group of physicians completing the resid...

Apartments Pile On Amenities In New Developments

Wilmington apartment dwellers are finding that today’s apartment complexes are becoming far more than just a place to hang their hats or lay...

Ico topnews Editor's Picks

Film Grant Program Included In Draft State Budget

Jenny Callison - About 13 hours ago Trending News

CastleBranch Represented On Panel At State Technology Conference

Jenny Callison - About 14 hours ago

New Location Gives CrossFit Coastal More Flexing Space

Cece Nunn - About 14 hours ago Trending News

GE Hitachi's Laser Enrichment Activity Powering Down

Jenny Callison - Jul 28, 2014 Trending News
Technology

Cloudwyze

CloudWyze was created to help businesses focus and perform at their optimal level. It is difficult to find and implement the right technology for your company. That’s where we can help. We have exp ...more

Ico trending Trending News

Ico newsinimages News in Pictures

Have a tip, pitch or guest column?  Send us a tip.

Gallery Galleries

Video Videos

Power Breakfast Series - Special Sauce for Economic Development - March. 2014
WilmingtonBiz Expo Keynote - Ken Lowe - Founder HGTV, CEO Scripps Networks - March. 2014

Register to Continue Seeing Wilmington's Best Business Coverage!


There are three ways to register for free.

Sign in with LinkedIn, Facebook or create an account:



Already registered? Login here.

Your free registration includes:

  • Access to 10 articles per month on WilmingtonBiz.com
  • Email updates to stay informed on local business news
  • A mobile optimized website
  • Advanced notification of Business Journal events
  • Management of your digital and print subscriptions
Laptop iphone ipad