This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

NewMarket Corporation Announces The Pending Retirement Of Warren Huang, President, Afton Chemical

NewMarket Corporation (NYSE:NEU) today announces that C.S. Warren Huang, President of Afton Chemical Corporation, intends to retire on April 1, 2013. Dr. Huang has been with the company for 32 years, and he has served in a number of areas of increasing responsibility over that time period. Included in his roles were Vice President of R&D VP and Managing Director, Asia Pacific; and Senior VP of Fuel Additives. Dr. Huang was instrumental in the creation of Afton Chemical in 2004. Afton Chemical, under his leadership, has seen its sales revenue grow by over 175% during this period, exceeding $2 Billion for the first time in 2011.

Teddy Gottwald, CEO of NewMarket, commented, "I have had the pleasure of working with Warren for more than 20 years. He has excelled in every role he has held. As the only President Afton Chemical has had, his mark is all over Afton. In addition to driving geographic and product line expansion through our Customer Intimacy model, Warren has developed a strong team of leaders at all levels in the company, assuring our continued success. We will miss his outstanding leadership, but his legacy will live on in the hands of an experienced and capable leadership team. We all wish him well in his retirement."

Replacing Warren as President of Afton Chemical will be Robert A. Shama effective January 1, 2013. At such time, Dr. Huang will assume a senior advisory role until his retirement. See our separate announcement for more details.

NewMarket Corporation through its subsidiaries, Afton Chemical Corporation and Ethyl Corporation, develops, manufactures, blends, and delivers chemical additives that enhance the performance of petroleum products. From custom-formulated chemical blends to market-general additive components, the NewMarket family of companies provides the world with the technology to make fuels burn cleaner, engines run smoother and machines last longer.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs