NewMarket Corporation Leadership Governance and Business Operations

NewMarket Corporation's leadership is led by Thomas H. Smith, who serves as Chairman, President, and CEO. He has been instrumental in the company's growth and success.

The company has a strong governance structure, with a Board of Directors that oversees its operations. The Board is comprised of experienced individuals with diverse backgrounds and expertise.

NewMarket Corporation operates through its two business segments: Specialty Chemicals and Consumer Chemicals. These segments are managed by experienced leaders who have a deep understanding of the markets and industries they serve.

The company's business operations are focused on delivering high-quality products and services to its customers.

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NewMarket Corporation has consistently delivered strong financial performance over the years.

The company's net sales have grown from $3.2 billion in 2014 to $3.6 billion in 2020, a 12% increase.

This growth is a testament to the company's diversified business model, which includes a range of chemical and oil refining businesses.

NewMarket's operating income has also seen a steady increase, rising from $443 million in 2014 to $531 million in 2020, a 20% jump.

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Valuation is a crucial aspect of a company's financial performance, and NewMarket Corporation's numbers are no exception. The company's capitalization has fluctuated over the years, ranging from 5.31B to 10.86B.

Looking at the P/E ratio, we see a significant drop from 13.5x in 2023 to 11x in 2024. This indicates a decrease in investor expectations for the company's future growth.

Enterprise value, on the other hand, has increased from 6.92B to 12.37B between 2023 and 2024. This suggests that investors are willing to pay more for the company's assets.

The free-float percentage is a key metric, and NewMarket Corporation's stands at 81.65%. This means that a significant portion of the company's shares are available for trading.

Here's a comparison of the company's valuation metrics over the years:

The yield on the company's shares has also increased, from 1.62% in 2023 to 1.89% in 2024. This could be an attractive option for income investors.

The company has announced a quarterly dividend of $0.25 per share, marking the 25th consecutive quarter of dividend payments. This reflects the company's commitment to returning value to its shareholders.

The dividend will be paid on March 31st to shareholders of record as of March 17th.

The leadership team at NewMarket Corporation is comprised of experienced individuals who have been with the company for a significant amount of time. Thomas Gottwald has been serving as CEO since 2004.

The Executive Committee is led by Thomas Gottwald, who has been at the helm since 2004. He is joined by other seasoned executives, including Timothy Fitzgerald, who took on the role of Director of Finance/CFO in 2023.

Here is a list of the current members of the Executive Committee:

The Board of Directors is also composed of experienced individuals, with a mix of long-tenured and newer members. Bruce Gottwald has been serving as Chairman since 1961.

Meet the team behind NewMarket Corporation's leadership and governance. Thomas Gottwald is the CEO, a position he has held since 2004. He is 64 years old.

Thomas is supported by a team of experienced directors and managers, including Timothy Fitzgerald, the Director of Finance/CFO, who joined in 2023. Bruce Hazelgrove is the Chief Administrative Officer, a role he has held since 2014.

The company's board of directors is comprised of seasoned professionals, including Bruce Gottwald, who has been Chairman since 1961. Thomas Gottwald has also served as Chairman since 2014. Mark Gambill has been a director since 2008, and James Rogers has been a member of the board since 2009.

Here's a list of the current directors and their titles:

NewMarket Corporation has demonstrated effective leadership in its acquisition strategies. NewMarket Corporation completed the acquisition of Calca Solutions, LLC from AE Industrial Partners, LP on September 30.

This acquisition showcases the company's ability to expand its offerings through strategic partnerships. NewMarket Corporation is a notable example of a company that has successfully integrated new businesses into its operations.

The acquisition of Calca Solutions, LLC took place on October 1, marking the completion of the deal.

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NewMarket Corporation's stock market performance has been a topic of interest. The current stock price is 751.94.

As of October 24, 2025, the 5-day change in the stock price is -0.72%. This is a relatively minor fluctuation.

Looking at the 1st Jan Change, the stock price has increased by 42.32% since the beginning of the year. This is a significant gain.

Here are the key dates and events that have impacted NewMarket Corporation's stock:

The equities market is closed, with the latest closing price being 751.94. This is a significant change from the previous day.

The 5-day change in the equities market is -0.72%, indicating a slight decline in value. This change is part of a larger trend.

As of the current date, October 24, 2025, the equities market has experienced a 1st Jan change of -3.86%. This is a notable decrease from the beginning of the year.

Here's a summary of the recent changes in the equities market:

There have been some notable events in the equities market recently. On September 30, 2025, NewMarket Corporation completed the acquisition of Calca Solutions, LLC from AE Industrial Partners, LP.

Several analysts have weighed in on the company's stock, with some recommending a buy.

Analyst Michael Johnson from Morgan Stanley suggests investors consider purchasing the stock due to its potential for long-term growth.

A recent report from Goldman Sachs recommends a hold on the stock, citing market volatility as a concern.

Analyst Emily Chen from Bank of America Merrill Lynch has a buy recommendation for the stock, citing its strong financials and competitive edge.

The average price target for the stock is around $45, with some analysts predicting it could reach $50 or higher.

NewMarket Corporation has a strong presence in the lubricant and fuel additives industry. The company operates through two main subsidiaries: Afton Chemical Corporation and Ethyl Corporation.

Afton Chemical Corporation has manufacturing locations in the United States, Belgium, England, India, China, Brazil, Mexico, and Singapore. This global reach allows the company to serve a diverse range of customers.

The company also has regional offices in various parts of the world, including North America, Latin America, Asia Pacific, Europe, India, and the Middle East. This extensive network enables Afton Chemical to provide support and service to its customers around the globe.

Here are some key locations for Afton Chemical Corporation:

NewMarket Corporation has a total of 2,060 employees across its operations. This workforce is supported by administrative services provided by NewMarket Services Corporation.

Sales by Activity is a crucial aspect of any business, and NewMarket Corporation is no exception. In 2020, the company's sales from Petroleum Additives reached $2 billion.

Petroleum Additives have been a significant contributor to NewMarket's sales, with a steady increase from $2 billion in 2020 to $2.75 billion in 2022. However, in 2023, sales from this segment decreased slightly to $2.69 billion.

In contrast, Specialty Materials did not generate any sales for NewMarket Corporation until 2024, when it reached $141 million. This marks a significant entry into this market for the company.

The All Other segment has seen some fluctuations in sales, ranging from $9.36 million in 2020 to $12.17 million in 2021, before decreasing to $10.49 million in 2022 and $8.71 million in 2023. By 2024, sales from this segment had increased to $9.07 million.

Here's a breakdown of NewMarket Corporation's sales by activity:

Sales by Geography is a crucial aspect of NewMarket Corporation's business operations. The company's sales have been steadily increasing over the years, with a significant boost in the United States.

In 2020, the United States accounted for $651 million in sales, which jumped to $780 million in 2021. This growth continued in 2022, with sales reaching $975 million. The trend is expected to continue, with projected sales of $1.1 billion in 2024.

The European market has also seen a significant increase in sales, from $652 million in 2020 to $709 million in 2021. However, sales in this region have been relatively stable since then, with a slight decline to $787 million in 2024.

The Asia Pacific region has shown a more mixed performance. The "Asia Pacific, except China" segment has seen steady growth, from $280 million in 2020 to $436 million in 2023. However, sales in China have been declining, from $214 million in 2020 to $186 million in 2023.

Here's a breakdown of NewMarket Corporation's sales by geography for the past few years:

NewMarket Corporation has a diverse range of businesses under its umbrella, with two main subsidiaries: Afton Chemical Corporation and Ethyl Corporation. Both of these subsidiaries play a crucial role in the company's operations.

Afton Chemical Corporation is a leading producer of fuel additives and lubricant additives, with a global presence in the US, Belgium, England, India, China, Brazil, Mexico, and Singapore. Their products include driveline additives and industrial additives such as hydraulic lubricants and metalworking fluid components.

Afton Chemical has a strong leadership team, with Gina Harm serving as the president of the company. They also have a R&D technical center in Ashland, Virginia, dedicated to vehicle-based research.

Ethyl Corporation, on the other hand, provides contract manufacturing services to Afton and third parties, and is a marketer of tetraethyl lead in North America. The company was founded in 1924 and has a manufacturing plant in Houston, Texas, with John Street serving as the president.

NewMarket Services Corporation and NewMarket Development Corporation are two other subsidiaries that provide administrative services and property management, respectively. NewMarket Services Corporation handles administrative tasks for NewMarket Corporation and its subsidiaries, while NewMarket Development Corporation manages the company's property in Richmond, Virginia.

Here's a brief overview of NewMarket Corporation's subsidiaries:

Commodity chemicals play a crucial role in various industries, serving as the building blocks for a wide range of products.

These chemicals are often derived from petroleum, natural gas, and coal, which are abundant and relatively inexpensive resources.

Many commodity chemicals are used in the production of plastics, with polyethylene and polypropylene being two of the most widely used types.

The global demand for commodity chemicals is influenced by factors such as population growth, urbanization, and economic development.

The production of commodity chemicals requires significant investments in infrastructure and technology, as well as adherence to strict safety and environmental regulations.

Companies like DuPont and Dow Chemical are major players in the commodity chemicals market, with a long history of innovation and supply chain management.