Patrick Hanley - NewMarket Independent Director

NEU Stock  USD 541.05  1.14  0.21%   

Director

Mr. Patrick D. Hanley is an Independent Director of the Company. He is nonexecutive Chairman of Gallium Technologies, LLC until January 2016, having previously served as President and Chief Executive Officer of Gallium Technologies until January 2011. Mr. Hanley also previously served as Senior Vice PresidentFinance and Accounting of UPS Ground Freight, Inc., formerly Overnite Corporation, and also as Director, Senior Vice President and Chief Financial Officer of Overnite Corporationrationration. Mr. Hanley also previously served in managerial positions at Union Pacific Resources Group, Union Pacific Corporation and Ford Motor Company. From 2010 through 2016, Mr. Hanley also served on the board of directors of Xenith Bankshares, Inc. Other directorship Old Dominion Freight Line, Inc., where he serves on the audit and compensation committees. Mr. Hanley brings to the Board of Directors insight and knowledge into the management of public companies as well as accounting, finance and Securities and Exchange Commission reporting experience. since 2004.
Age 76
Tenure 20 years
Address 330 South Fourth Street, Richmond, VA, United States, 23219-4350
Phone804 788 5000
Webhttps://www.newmarket.com

NewMarket Management Efficiency

The company has Return on Asset of 0.1374 % which means that on every $100 spent on assets, it made $0.1374 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.3699 %, implying that it generated $0.3699 on every 100 dollars invested. NewMarket's management efficiency ratios could be used to measure how well NewMarket manages its routine affairs as well as how well it operates its assets and liabilities. At this time, NewMarket's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.18 in 2024, whereas Return On Capital Employed is likely to drop 0.14 in 2024. At this time, NewMarket's Non Current Liabilities Total is comparatively stable compared to the past year. Change To Liabilities is likely to gain to about 61.7 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 268 M in 2024.
NewMarket has 733.6 M in debt with debt to equity (D/E) ratio of 1.61, which is OK given its current industry classification. NewMarket has a current ratio of 2.7, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for NewMarket to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Cynthia ArnoldCabot
62
Ramaswami SeshasayeeQuaker Chemical
72
Donald LandrySensient Technologies
66
Leslie GarberOil Dri
N/A
Paul HindsleyOil Dri
61
Fay WestQuaker Chemical
52
Frank WilsonCabot
62
Christine YanCabot
55
Allan SeligOil Dri
86
Steven WilliamsInnospec
68
Franklin FederMinerals Technologies
70
Alison DeansMinerals Technologies
59
Michael MorrowCabot
65
Essie WhitelawSensient Technologies
72
Michael NemeroffOil Dri
57
Melissa McClainQuaker Chemical
N/A
Sharad JainSensient Technologies
61
Vanessa CraigieCabot
N/A
John RodenH B Fuller
70
Ruth KimmelshueH B Fuller
58
William KirbyCabot
69
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives business. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia. NewMarket Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 2104 people. NewMarket (NEU) is traded on New York Stock Exchange in USA. It is located in 330 South Fourth Street, Richmond, VA, United States, 23219-4350 and employs 2,000 people. NewMarket is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

NewMarket Leadership Team

Elected by the shareholders, the NewMarket's board of directors comprises two types of representatives: NewMarket inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NewMarket. The board's role is to monitor NewMarket's management team and ensure that shareholders' interests are well served. NewMarket's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NewMarket's outside directors are responsible for providing unbiased perspectives on the board's policies.
Bruce Gottwald, Chairman of the Board
Cameron Warner, Treasurer
Phyllis Cothran, Lead Independent Director
Bruce III, Executive Officer
Bryce Jewett, Vice President General Counsel
Patrick Hanley, Independent Director
William Skrobacz, Principal Accounting Officer and Controller
Bruce Hazelgrove, Executive Vice President, Chief Administrative Officer
Brian Paliotti, Chief Financial Officer, Vice President
AnneMarie Anderson, Corporate Secretary
Gail Ridgeway, Principal Controller
M West, Vice President General Counsel, Secretary
Thomas Gottwald, Chairman of The Board, CEO and President and Member of Executive Committee
James Rogers, Independent Director
Ting Xu, Independent Director
Regina Harm, President - Afton Chemical Corporation
Mark Gambill, Independent Director
H Harris, Independent Director
Bryce III, VP Counsel

NewMarket Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NewMarket a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for NewMarket Stock Analysis

When running NewMarket's price analysis, check to measure NewMarket's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.