CONSHOHOCKEN, Pa., May 2024 – Quaker Houghton (NYSE: KWR) has officially announced the appointment of Tom Coler as Executive Vice President and Chief Financial Officer, effective June 10, 2024. Tom Coler will take over from Shane Hostetter, who has been in the role since 2021 and is set to leave the company for new opportunities after ensuring a smooth transition until August 4, 2024.
Andy Tometich, CEO and President of Quaker Houghton, expressed his confidence in Coler’s capabilities, noting, “Tom is an experienced financial executive with expertise in driving growth and leading transformation. He has demonstrated success as a CFO as well as in various financial leadership roles at both public and private companies. I am confident Tom will be an excellent partner to build on the momentum in our business, accelerate our growth and continue to generate long-term shareholder value.”
Tometich also extended gratitude to Shane Hostetter for his significant contributions over his tenure, enhancing the company’s financial foundation and advancing strategic initiatives that have unlocked growth potential.
Tom Coler brings a wealth of experience in corporate finance, financial planning and analysis, and corporate development. Before his new role at Quaker Houghton, he served as Executive Vice President and Chief Financial Officer at Savage Companies. His prior roles include Vice President of Finance at H.B. Fuller Corporation and various senior financial positions at Polaris Industries, Ecolab Corporation, and Boston Scientific. Coler holds designations as a Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA).
About Quaker Houghton: Quaker Houghton is a global leader in industrial process fluids, serving the world’s most advanced companies across the steel, aluminum, automotive, aerospace, and other sectors. With operations in over 25 countries and a workforce of approximately 4,400, the company is dedicated to enhancing industrial processes through innovative and sustainable solutions. Headquartered in Conshohocken, Pennsylvania, Quaker Houghton continues to lead in its field while maintaining a focus on safety and environmental sustainability.
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