NewMarket Management
Management criteria checks 3/4
NewMarket's CEO is Teddy Gottwald, appointed in Mar 2004, has a tenure of 20.08 years. total yearly compensation is $3.20M, comprised of 37.3% salary and 62.7% bonuses, including company stock and options. directly owns 3.85% of the company’s shares, worth $197.04M. The average tenure of the management team and the board of directors is 3.8 years and 18.1 years respectively.
Key information
Teddy Gottwald
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 37.3% |
| CEO tenure | 20.1yrs |
| CEO ownership | 3.8% |
| Management average tenure | 3.8yrs |
| Board average tenure | 18.1yrs |
Recent management updates
Recent updates
Lacklustre Performance Is Driving NewMarket Corporation's (NYSE:NEU) Low P/E
Apr 26
Here's Why We Think NewMarket (NYSE:NEU) Is Well Worth Watching
Mar 28NewMarket (NYSE:NEU) Is Paying Out A Larger Dividend Than Last Year
Mar 12NewMarket (NYSE:NEU) Is Paying Out A Larger Dividend Than Last Year
Feb 26Is NewMarket (NYSE:NEU) Using Too Much Debt?
Jan 18NewMarket: A Strong 2023 But Not Enough Details On A Recent Acquisition
Jan 11NewMarket Corporation's (NYSE:NEU) Shares Not Telling The Full Story
Dec 31We Ran A Stock Scan For Earnings Growth And NewMarket (NYSE:NEU) Passed With Ease
Nov 25Here's What NewMarket's (NYSE:NEU) Strong Returns On Capital Mean
Oct 18Does NewMarket (NYSE:NEU) Have A Healthy Balance Sheet?
Sep 29NewMarket Corporation: Showing Why It's A Winner
Sep 07Should You Be Adding NewMarket (NYSE:NEU) To Your Watchlist Today?
Aug 18Estimating The Fair Value Of NewMarket Corporation (NYSE:NEU)
Jul 31Capital Investment Trends At NewMarket (NYSE:NEU) Look Strong
Jul 16NewMarket (NYSE:NEU) Has A Pretty Healthy Balance Sheet
Jun 25NewMarket (NYSE:NEU) Knows How To Allocate Capital
Apr 14NewMarket (NYSE:NEU) Seems To Use Debt Quite Sensibly
Mar 27NewMarket (NYSE:NEU) Will Pay A Dividend Of $2.10
Feb 27NewMarket declares $2.10 dividend
Feb 23NewMarket GAAP EPS of $9.26, revenue of $682.56M
Jan 31Returns On Capital Signal Tricky Times Ahead For NewMarket (NYSE:NEU)
Dec 15We Think NewMarket (NYSE:NEU) Is Taking Some Risk With Its Debt
Nov 22NewMarket (NYSE:NEU) Is Due To Pay A Dividend Of $2.10
Oct 31NewMarket GAAP EPS of $6.32, revenue of $696.05M
Oct 24NewMarket: Promises From Management Could Pump The Stock Price Up
Oct 03There Are Reasons To Feel Uneasy About NewMarket's (NYSE:NEU) Returns On Capital
Sep 13NewMarket (NYSE:NEU) Is Paying Out A Dividend Of $2.10
Aug 08NewMarket GAAP EPS of $6.54, revenue of $723.64M
Aug 02Does NewMarket (NYSE:NEU) Have A Healthy Balance Sheet?
Jul 26Here's What's Concerning About NewMarket's (NYSE:NEU) Returns On Capital
Apr 16These 4 Measures Indicate That NewMarket (NYSE:NEU) Is Using Debt Extensively
Mar 29NewMarket (NYSE:NEU) Is Reinvesting At Lower Rates Of Return
Jan 12NewMarket (NYSE:NEU) Has Announced That It Will Be Increasing Its Dividend To US$2.10
Nov 01NewMarket (NYSE:NEU) Seems To Use Debt Quite Sensibly
Oct 31Capital Allocation Trends At NewMarket (NYSE:NEU) Aren't Ideal
Aug 26NewMarket's (NYSE:NEU) Dividend Will Be Increased To US$2.10
Aug 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| Sep 30 2018 | n/a | n/a | US$176m |
| Jun 30 2018 | n/a | n/a | US$177m |
| Mar 31 2018 | n/a | n/a | US$187m |
| Dec 31 2017 | US$3m | US$1m | US$190m |
Compensation vs Market: Teddy's total compensation ($USD3.20M) is below average for companies of similar size in the US market ($USD8.28M).
Compensation vs Earnings: Teddy's compensation has increased by more than 20% in the past year.
CEO
Teddy Gottwald (62 yo)
20.1yrs
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 | 20.1yrs | US$3.20m | 3.85% $ 197.0m | |
| VP & CFO | 1.3yrs | US$973.64k | 0.014% $ 725.9k | |
| Executive VP & Chief Administrative Officer | no data | US$1.78m | 2.43% $ 124.6m | |
| VP & General Counsel | 3.8yrs | US$1.22m | 0.019% $ 984.5k | |
| President of Afton Chemical Corporation | 1.3yrs | US$1.54m | 0.057% $ 2.9m | |
| Principal Accounting Officer & Controller | 1.3yrs | no data | 0.0062% $ 317.4k | |
| Treasurer | 12.5yrs | no data | 0.049% $ 2.5m | |
| Secretary | 3.8yrs | no data | no data |
3.8yrs
Average Tenure
62yo
Average Age
Experienced Management: NEU's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 30.3yrs | US$3.20m | 3.85% $ 197.0m | |
| Director | 62.3yrs | US$95.00k | 11.98% $ 613.3m | |
| Independent Director | 8.7yrs | US$207.17k | 0.018% $ 931.7k | |
| Lead Independent Director | 15.3yrs | US$199.99k | 0.038% $ 2.0m | |
| Independent Director | 20.9yrs | US$205.92k | 0.035% $ 1.8m | |
| Independent Director | 2.2yrs | US$192.17k | 0.0054% $ 278.5k |
18.1yrs
Average Tenure
67yo
Average Age
Experienced Board: NEU's board of directors are seasoned and experienced ( 18.1 years average tenure).