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 dimetterà da Vice Presidente e Direttore Finanziario il 31 dicembre 2024, con l'intenzione di andare in pensione nel 2025. Skrobacz è 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, succederà a Skrobacz come VP e CFO a partire dal 1 gennaio 2025.
Fitzgerald, 47 anni, è con NewMarket da circa 10 anni e ha oltre 20 anni di esperienza nel settore finanza e contabilità. 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 renunciará como Vicepresidente y Director Financiero el 31 de diciembre de 2024, con planes de jubilarse en 2025. Skrobacz ha estado con la compañía por más de 13 años, desempeñándose en varios roles de finanzas y contabilidad. Timothy K. Fitzgerald, actualmente Tesorero y Director de Finanzas de la compañía, sucederá a Skrobacz como VP y CFO a partir del 1 de enero de 2025.
Fitzgerald, de 47 años, ha estado con NewMarket durante aproximadamente 10 años y tiene más de 20 años de experiencia en finanzas y contabilidad. El CEO Teddy Gottwald expresó su agradecimiento por el liderazgo de Skrobacz y su entusiasmo por el nombramiento de Fitzgerald, destacando su sólida experiencia financiera y su enfoque en la construcción de equipos.
NewMarket opera a través de las subsidiarias Afton Chemical, Ethyl y American Pacific, desarrollando y fabricando aditivos químicos y materiales especializados para diversas industrias.
뉴마켓(뉴욕 증권거래소: NEU)은 William J. Skrobacz가 2024년 12월 31일에 부사장 겸 최고 재무 책임자(CFO)에서 물러나 2025년에 은퇴할 계획이라고 발표했습니다. Skrobacz는 회사에 13년 이상 근무하며 다양한 재무 및 회계 직책을 맡았습니다. Timothy K. Fitzgerald는 현재 회사의 재무 이사이자 재무 관리자로, 2025년 1월 1일부로 Skrobacz의 후임으로 부사장 겸 CFO를 맡게 됩니다.
Fitzgerald은 47세로, 뉴마켓에서 약 10년 근무했으며 20년 이상의 재무 및 회계 경험을 가지고 있습니다. CEO Teddy Gottwald는 Skrobacz의 리더십에 대해 감사의 뜻을 전하고, Fitzgerald의 임명에 대한 기대를 표현하며 그의 뛰어난 재무 배경과 팀 빌딩에 대한 집중을 강조했습니다.
뉴마켓은 Afton Chemical, Ethyl 및 American Pacific 자회사를 통해 운영되며, 다양한 산업을 위해 화학 첨가제 및 특수 재료를 개발 및 제조합니다.
NewMarket (NYSE: NEU) a annoncé que William J. Skrobacz démissionnera de son poste de vice-président et directeur financier le 31 décembre 2024, avec des projets de retraite en 2025. Skrobacz est avec l'entreprise depuis plus de 13 ans, occupant divers rôles dans les finances et la comptabilité. Timothy K. Fitzgerald, actuellement trésorier et directeur financier de l'entreprise, succédera à Skrobacz en tant que vice-président et directeur financier à compter du 1er janvier 2025.
Fitzgerald, 47 ans, est chez NewMarket depuis environ 10 ans et possède plus de 20 ans d'expérience en finance et en comptabilité. Le PDG Teddy Gottwald a exprimé 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'équipe.
NewMarket opère par l'intermédiaire de ses filiales Afton Chemical, Ethyl et American Pacific, développant et fabriquant des additifs chimiques et des matériaux spéciaux pour diverses industries.
NewMarket (NYSE: NEU) hat angekündigt, dass William J. Skrobacz am 31. Dezember 2024 als Vice President und Chief Financial Officer zurücktreten wird, mit Plänen, 2025 in den Ruhestand zu gehen. Skrobacz ist seit über 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-jährige Fitzgerald ist seit etwa 10 Jahren bei NewMarket und verfügt über mehr als 20 Jahre Erfahrung in der Finanz- und Rechnungswesenbranche. CEO Teddy Gottwald äußerte Dankbarkeit für Skrobacz' Führung und Begeisterung über Fitzgeralds Ernennung und hob dessen starke finanzielle Expertise und den Fokus auf Teambildung hervor.
NewMarket operiert über Tochtergesellschaften wie Afton Chemical, Ethyl und American Pacific und entwickelt sowie produziert chemische Additive und Spezialmaterialien für 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: “Bill 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.”
Mr. Gottwald continued, “the entire NewMarket family of companies are fortunate to have had Bill’s dedicated leadership for these many years.”
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’s Treasurer and Finance Director in January of 2024.
Mr. Gottwald commented, “I 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.”
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: https://www.businesswire.com/news/home/20241002812243/en/
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)?
