September 18, 2009, 2009 (FinancialWire) — American Pacific Corp. (NASDAQ: APFC) tsaid that John R. Gibson, its chairman and chief executive officer, will retire as CEO effective December 31 after leading the company for over 12 years. He will be succeeded as CEO by Joseph Carleone, who currently serves as president and chief operating officer.

Gibson will retain his role as chairman. American Pacific said the changes are the result of succession planning begun by the American Pacific board several years ago, and are intended to provide continuity in executing AMPAC’s long-term strategic plans.

Carleone joined AMPAC in October, 2006 as president and COO. He previously served as SVP and chief product officer at Irvine Sensors, a vision systems company. He was president of Aerojet Fine Chemicals when AMPAC acquired the business from GenCorp in November 2005.

Gibson became president and CEO in July 1997. He joined AMPAC in 1992 after a 28 year career at U.S. Steel.

Las Vegas-based American Pacific is a manufacturer of chemicals, specialty chemicals and propulsion products.

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