NewMarket Corporation (UG9.F)

478.00 -8.00 (-1.65%) At close: 08:02AM CEST

NewMarket Corporation

330 South Fourth Street
Richmond, VA 23219-4350
United States
804 788 5000
https://www.newmarket.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full Time Employees: 2,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Thomas E. Gottwald	Chairman, President & CEO	1.77M	N/A	1961
Mr. William J. Skrobacz	VP & CFO	599.44k	N/A	1960
Mr. Bruce R. Hazelgrove III	Executive VP & Chief Administrative Officer	963.67k	N/A	1961
Mr. Bryce Dickinson Jewett III	VP & General Counsel	862.28k	N/A	1975
Mr. Brian D. Paliotti	President of Afton Chemical Corporation	996.17k	N/A	1977
Ms. Gail C. Ridgeway	Principal Accounting Officer & Controller	N/A	N/A	1975
Ms. Anne-Marie Anderson	Secretary	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the marketing of antiknock compounds, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

Corporate Governance

NewMarket Corporation’s ISS Governance QualityScore as of October 1, 2024 is 3. The pillar scores are Audit: 4; Board: 5; Shareholder Rights: 2; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.