NewMarket Management
Management criteria checks 3/4
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 $209.63M. 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
Is NewMarket (NYSE:NEU) Using Too Much Debt?
Dec 28
Take Care Before Diving Into The Deep End On NewMarket Corporation (NYSE:NEU)
Dec 12Do NewMarket's (NYSE:NEU) Earnings Warrant Your Attention?
Oct 17NewMarket: Accelerating EBITDA After M&A Completion
Oct 08Here's Why NewMarket (NYSE:NEU) Can Manage Its Debt Responsibly
Sep 01A Piece Of The Puzzle Missing From NewMarket Corporation's (NYSE:NEU) Share Price
Aug 12We Ran A Stock Scan For Earnings Growth And NewMarket (NYSE:NEU) Passed With Ease
Jul 11NewMarket Corporation: Surprisingly Strong Start Of The Year Despite Expensive Acquisition
Jun 20NewMarket (NYSE:NEU) Seems To Use Debt Quite Sensibly
May 11Lacklustre Performance Is Driving NewMarket Corporation's (NYSE:NEU) Low P/E
Apr 26Here'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 02CEO 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 below average for companies of similar size in the US market ($USD6.65M).
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% $ 209.6m | |
| Executive VP & Chief Administrative Officer | no data | US$1.78m | 2.4% $ 114.6m | |
| Executive VP & General Counsel | 4.5yrs | US$1.22m | 0.019% $ 919.1k | |
| President of Afton Chemical Corporation | 2yrs | US$1.54m | 0.058% $ 2.7m | |
| VP & CFO | no data | no data | 0.010% $ 498.0k | |
| Principal Accounting Officer & Controller | 2yrs | no data | 0.0062% $ 296.5k | |
| Secretary | 4.5yrs | no data | no data |
3.3yrs
Average Tenure
48.5yo
Average Age
Experienced Management: NEU'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% $ 209.6m | |
| Director | 63yrs | US$96.25k | 9.73% $ 464.7m | |
| Independent Director | 9.4yrs | US$207.17k | 0.020% $ 966.4k | |
| Lead Independent Director | 16yrs | US$204.67k | 0.040% $ 1.9m | |
| Independent Director | 21.7yrs | US$205.92k | 0.038% $ 1.8m | |
| Independent Director | 2.9yrs | US$192.17k | 0.0075% $ 356.7k | |
| Independent Director | 1.3yrs | no data | 0.0020% $ 96.4k |
16.0yrs
Average Tenure
63yo
Average Age
Experienced Board: NEU'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 | 2025/01/17 08:04 |
| End of Day Share Price | 2025/01/17 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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 8 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 | Davenport & Company |