NewMarket Announces the Retirement of Its Vice President and Chief Financial Officer and the Appointment of Successor
NewMarket (NYSE: NEU) has announced that William J. Skrobacz will step down as Vice President and Chief Financial Officer on December 31, 2024, with plans to retire in 2025. Skrobacz has been with the company for over 13 years, serving in various finance and accounting roles. Timothy K. Fitzgerald, currently the company's Treasurer and Finance Director, will succeed Skrobacz as VP and CFO effective January 1, 2025.
Fitzgerald, 47, has been with NewMarket for about 10 years and has over 20 years of finance and accounting experience. CEO Teddy Gottwald expressed gratitude for Skrobacz's leadership and excitement about Fitzgerald's appointment, citing his strong financial background and focus on team building.
NewMarket operates through subsidiaries Afton Chemical, Ethyl , and American Pacific , developing and manufacturing chemical additives and specialty materials for various industries.
NewMarket (NYSE: NEU) ha annunciato che William J. Skrobacz si dimetter脿 da Vice Presidente e Direttore Finanziario il 31 dicembre 2024, con l'intenzione di andare in pensione nel 2025. Skrobacz 猫 stato con l'azienda per oltre 13 anni, ricoprendo diversi ruoli nel settore finanziario e contabile. Timothy K. Fitzgerald, attualmente Tesoriere e Direttore Finanziario dell'azienda, succeder脿 a Skrobacz come VP e CFO a partire dal 1 gennaio 2025.
Fitzgerald, 47 anni, 猫 con NewMarket da circa 10 anni e ha oltre 20 anni di esperienza nel settore finanza e contabilit脿. Il CEO Teddy Gottwald ha espresso gratitudine per la leadership di Skrobacz e entusiasmo per la nomina di Fitzgerald, citando il suo solido background finanziario e l'attenzione alla costruzione di team.
NewMarket opera tramite le filiali Afton Chemical, Ethyl e American Pacific, sviluppando e producendo additivi chimici e materiali speciali per vari settori.
NewMarket (NYSE: NEU) ha anunciado que William J. Skrobacz renunciar谩 como Vicepresidente y Director Financiero el 31 de diciembre de 2024, con planes de jubilarse en 2025. Skrobacz ha estado con la compa帽铆a por m谩s de 13 a帽os, desempe帽谩ndose en varios roles de finanzas y contabilidad. Timothy K. Fitzgerald, actualmente Tesorero y Director de Finanzas de la compa帽铆a, suceder谩 a Skrobacz como VP y CFO a partir del 1 de enero de 2025.
Fitzgerald, de 47 a帽os, ha estado con NewMarket durante aproximadamente 10 a帽os y tiene m谩s de 20 a帽os de experiencia en finanzas y contabilidad. El CEO Teddy Gottwald expres贸 su agradecimiento por el liderazgo de Skrobacz y su entusiasmo por el nombramiento de Fitzgerald, destacando su s贸lida experiencia financiera y su enfoque en la construcci贸n de equipos.
NewMarket opera a trav茅s de las subsidiarias Afton Chemical, Ethyl y American Pacific, desarrollando y fabricando aditivos qu铆micos y materiales especializados para diversas industrias.
雺措旒(雺挫殨 歃濌秾瓯半灅靻: NEU)鞚 William J. Skrobacz臧 2024雲 12鞗 31鞚检棎 攵靷灔 瓴 斓滉碃 鞛 毂呾瀯鞛(CFO)鞐愳劀 氍茧煬雮 2025雲勳棎 鞚韲错暊 瓿勴殟鞚措澕瓿 氚滍憸頄堨姷雼堧嫟. Skrobacz電 須岇偓鞐 13雲 鞚挫儊 攴茧頃橂┌ 雼れ枒頃 鞛 氚 須岅硠 歆侅眳鞚 毵§晿鞀惦媹雼. Timothy K. Fitzgerald電 順勳灛 須岇偓鞚 鞛 鞚挫偓鞚挫瀽 鞛 甏毽瀽搿, 2025雲 1鞗 1鞚茧秬搿 Skrobacz鞚 頉勳瀯鞙茧 攵靷灔 瓴 CFO毳 毵￡矊 霅╇媹雼.
Fitzgerald鞚 47靹鸽, 雺措旒撿棎靹 鞎 10雲 攴茧頄堨溂氅 20雲 鞚挫儊鞚 鞛 氚 須岅硠 瓴巾棙鞚 臧歆瓿 鞛堨姷雼堧嫟. CEO Teddy Gottwald電 Skrobacz鞚 毽崝鞁棎 雽頃 臧愳偓鞚 霚混潉 鞝勴晿瓿, Fitzgerald鞚 鞛勲獏鞐 雽頃 旮半寑毳 響滍槃頃橂┌ 攴胳潣 霙办柎雮 鞛 氚瓣步瓿 韺 牍岆敥鞐 雽頃 歆戩鞚 臧曥“頄堨姷雼堧嫟.
雺措旒撿潃 Afton Chemical, Ethyl 氚 American Pacific 鞛愴殞靷ゼ 韱淀暣 鞖挫榿霅橂┌, 雼れ枒頃 靷办梾鞚 鞙勴暣 頇旐暀 觳皜鞝 氚 韸轨垬 鞛毳 臧滊皽 氚 鞝滌“頃╇媹雼.
NewMarket (NYSE: NEU) a annonc茅 que William J. Skrobacz d茅missionnera de son poste de vice-pr茅sident et directeur financier le 31 d茅cembre 2024, avec des projets de retraite en 2025. Skrobacz est avec l'entreprise depuis plus de 13 ans, occupant divers r么les dans les finances et la comptabilit茅. Timothy K. Fitzgerald, actuellement tr茅sorier et directeur financier de l'entreprise, succ茅dera 脿 Skrobacz en tant que vice-pr茅sident et directeur financier 脿 compter du 1er janvier 2025.
Fitzgerald, 47 ans, est chez NewMarket depuis environ 10 ans et poss猫de plus de 20 ans d'exp茅rience en finance et en comptabilit茅. Le PDG Teddy Gottwald a exprim茅 sa gratitude pour le leadership de Skrobacz et son enthousiasme pour la nomination de Fitzgerald, citant son solide parcours financier et son accent sur le travail d'茅quipe.
NewMarket op猫re par l'interm茅diaire de ses filiales Afton Chemical, Ethyl et American Pacific, d茅veloppant et fabriquant des additifs chimiques et des mat茅riaux sp茅ciaux pour diverses industries.
NewMarket (NYSE: NEU) hat angek眉ndigt, dass William J. Skrobacz am 31. Dezember 2024 als Vice President und Chief Financial Officer zur眉cktreten wird, mit Pl盲nen, 2025 in den Ruhestand zu gehen. Skrobacz ist seit 眉ber 13 Jahren im Unternehmen und hat verschiedene Positionen in der Finanz- und Rechnungswesenabteilung innegehabt. Timothy K. Fitzgerald, der derzeit als Schatzmeister und Finanzdirektor des Unternehmens fungiert, wird Skrobacz ab dem 1. Januar 2025 als VP und CFO nachfolgen.
Der 47-j盲hrige Fitzgerald ist seit etwa 10 Jahren bei NewMarket und verf眉gt 眉ber mehr als 20 Jahre Erfahrung in der Finanz- und Rechnungswesenbranche. CEO Teddy Gottwald 盲u脽erte Dankbarkeit f眉r Skrobacz' F眉hrung und Begeisterung 眉ber Fitzgeralds Ernennung und hob dessen starke finanzielle Expertise und den Fokus auf Teambildung hervor.
NewMarket operiert 眉ber Tochtergesellschaften wie Afton Chemical, Ethyl und American Pacific und entwickelt sowie produziert chemische Additive und Spezialmaterialien f眉r verschiedene Industrien.
- Smooth transition plan for CFO position, ensuring continuity in financial leadership
- Appointment of an internal candidate with 10 years of company experience as the new CFO
- New CFO has over 20 years of finance and accounting experience
- Departure of a long-serving executive who has been with the company for over 13 years
Teddy Gottwald, President & CEO of NewMarket, thanked Mr. Skrobacz for his many years of dedicated service: 鈥淏ill has been a great member of our leadership team, and he has excelled in every role he has had at NewMarket. He helped to build and lead our finance and accounting organization. I am grateful to Bill for all his good work managing our balance sheet during challenging times. He has provided calm, steady leadership throughout his tenure at NewMarket.鈥
Mr. Gottwald continued, 鈥渢he entire NewMarket family of companies are fortunate to have had Bill鈥檚 dedicated leadership for these many years.鈥
The Company also announced that Timothy K. Fitzgerald will succeed Mr. Skrobacz as Vice President and Chief Financial Officer, effective January 1, 2025. Mr. Fitzgerald, age 47, joined the Company approximately 10 years ago as Operations Finance Director, and he has over 20 years of finance and accounting experience. He was appointed as the Company鈥檚 Treasurer and Finance Director in January of 2024.
Mr. Gottwald commented, 鈥淚 am extremely excited about Tim stepping into the CFO role. Throughout his time with our Company, Tim has focused on building teams, developing people, and solid financial planning and analysis. He has a strong financial background, is thorough and well-equipped to lead us into the future. We can look forward to our continued success under his direction.鈥
NewMarket Corporation is a holding company operating through its subsidiaries Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC). The Afton and Ethyl companies develop, manufacture, blend, and deliver chemical additives that enhance the performance of petroleum products. AMPAC is a manufacturer of specialty materials primarily used in solid rocket motors for the aerospace and defense industries. The NewMarket family of companies has a long-term commitment to its people, to safety, to providing innovative solutions for its customers, and to making the world a better place.
View source version on businesswire.com:
William J. Skrobacz
Investor Relations
Phone: 804.788.5555
Fax: 804.788.5688
Email: investorrelations@newmarket.com
Source: NewMarket Corporation
FAQ
When will William J. Skrobacz step down as CFO of NewMarket (NEU)?
Who will succeed William J. Skrobacz as CFO of NewMarket (NEU)?
How long has Timothy K. Fitzgerald been with NewMarket (NEU)?
What is Timothy K. Fitzgerald's current role at NewMarket (NEU)?
