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NewMarket Corporation (NEU)

NYSE - Nasdaq Real Time Price. Currency in USD
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373.38-8.60 (-2.25%)
As of 12:01PM EDT. Market open.

NewMarket Corporation

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

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full Time Employees2,118

Key Executives

NameTitlePayExercisedYear Born
Mr. Thomas E. GottwaldChairman, Pres & CEO1.71MN/A1961
Mr. Brian D. PaliottiVP & CFO840.03kN/A1977
Mr. Bruce R. Hazelgrove IIIExec. VP & Chief Admin. Officer870.65kN/A1961
Ms. Regina Anne HarmPres of Afton Chemical Corp.1.05MN/A1965
Mr. William J. SkrobaczPrincipal Accounting Officer & ControllerN/AN/A1960
Amounts are as of December 31, 2019 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 USD.

Description

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. 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; and engine oil, driveline, and industrial additives. It also provides engine oil additives comprising driveline additives for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additive comprising products for industrial applications, which include hydraulic fluids, grease, and industrial gear fluids, as well as industrial specialty applications, including turbine oils. In addition, the company offers 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. Additionally, it engages in the antiknock compounds business, as well as contracted manufacturing and services business. The company has operations in the United States, Europe, the Asia Pacific, India, Latin America, Canada, Africa, and the Middle East. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

Corporate Governance

NewMarket Corporation’s ISS Governance QualityScore as of December 8, 2019 is 2. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 1; Compensation: 5.

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.