NewMarket Management
Management criteria checks 2/4
NewMarket's CEO is Teddy Gottwald, appointed in Mar 2004, has a tenure of 20.83 years. total yearly compensation is $3.20M, comprised of 37.3% salary and 62.7% bonuses, including company stock and options. directly owns 4.39% of the company’s shares, worth €201.04M. The average tenure of the management team and the board of directors is 3.3 years and 16 years respectively.
Key information
Teddy Gottwald
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 37.3% |
| CEO tenure | 20.8yrs |
| CEO ownership | 4.4% |
| Management average tenure | 3.3yrs |
| Board average tenure | 16yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$431m |
| Jun 30 2024 | n/a | n/a | US$410m |
| Mar 31 2024 | n/a | n/a | US$398m |
| Dec 31 2023 | US$3m | US$1m | US$388m |
| Sep 30 2023 | n/a | n/a | US$398m |
| Jun 30 2023 | n/a | n/a | US$350m |
| Mar 31 2023 | n/a | n/a | US$317m |
| Dec 31 2022 | US$2m | US$1m | US$279m |
| Sep 30 2022 | n/a | n/a | US$206m |
| Jun 30 2022 | n/a | n/a | US$194m |
| Mar 31 2022 | n/a | n/a | US$180m |
| Dec 31 2021 | US$2m | US$1m | US$190m |
| Sep 30 2021 | n/a | n/a | US$240m |
| Jun 30 2021 | n/a | n/a | US$284m |
| Mar 31 2021 | n/a | n/a | US$254m |
| Dec 31 2020 | US$3m | US$1m | US$270m |
| Sep 30 2020 | n/a | n/a | US$253m |
| Jun 30 2020 | n/a | n/a | US$225m |
| Mar 31 2020 | n/a | n/a | US$277m |
| Dec 31 2019 | US$3m | US$1m | US$254m |
| Sep 30 2019 | n/a | n/a | US$267m |
| Jun 30 2019 | n/a | n/a | US$257m |
| Mar 31 2019 | n/a | n/a | US$236m |
| Dec 31 2018 | US$2m | US$1m | US$234m |
Compensation vs Market: Teddy's total compensation ($USD3.20M) is above average for companies of similar size in the German market ($USD2.04M).
Compensation vs Earnings: Teddy's compensation has increased by more than 20% in the past year.
CEO
Teddy Gottwald (63 yo)
20.8yrs
Tenure
US$3,195,097
Compensation
Mr. Thomas E. Gottwald, also known as Teddy, has been the Chief Executive Officer and President at NewMarket Corporation since March 3, 2004 and serves as its Chairman of the Board since July 29, 2014. Mr....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 20.8yrs | US$3.20m | 4.39% € 201.0m | |
| Executive VP & Chief Administrative Officer | no data | US$1.78m | 2.4% € 109.9m | |
| Executive VP & General Counsel | 4.5yrs | US$1.22m | 0.019% € 881.5k | |
| President of Afton Chemical Corporation | 2yrs | US$1.54m | 0.058% € 2.6m | |
| VP & CFO | no data | no data | 0.010% € 477.6k | |
| Principal Accounting Officer & Controller | 2yrs | no data | 0.0062% € 284.4k | |
| Secretary | 4.5yrs | no data | no data |
3.3yrs
Average Tenure
48.5yo
Average Age
Experienced Management: UG9's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 31yrs | US$3.20m | 4.39% € 201.0m | |
| Director | 63yrs | US$96.25k | 9.73% € 445.6m | |
| Independent Director | 9.4yrs | US$207.17k | 0.020% € 926.8k | |
| Lead Independent Director | 16yrs | US$204.67k | 0.040% € 1.8m | |
| Independent Director | 21.7yrs | US$205.92k | 0.038% € 1.7m | |
| Independent Director | 2.9yrs | US$192.17k | 0.0075% € 342.1k | |
| Independent Director | 1.3yrs | no data | 0.0020% € 92.5k |
16.0yrs
Average Tenure
63yo
Average Age
Experienced Board: UG9's board of directors are seasoned and experienced ( 16 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 09:39 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
NewMarket Corporation is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Dmitry Silversteyn | Buckingham Research Group Inc. |
| Laymon Vencil | CRT Capital Group |