Quaker Houghton Appoints Tom Coler As CFO, Effective June 10, 2024, Succeeding Shane Hostetter
Quaker Houghton ((", the Company", , NYSE:KWR) announced today that it has appointed Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024. Mr. Coler succeeds Shane Hostetter, who has held the role since 2021 and will be leaving the Company to pursue other opportunities. Mr. Hostetter will remain at the company through August 4, 2024, to ensure an orderly transition.
Andy Tometich, Chief Executive Officer and President, commented, "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."
Mr. Tometich added, "On behalf of the Board of Directors and management team, I want to thank Shane for his meaningful contributions which have benefitted all aspects of our business throughout his 13-year tenure with the Company. While at Quaker Houghton, Shane has improved our strong financial foundation, advanced our strategic initiatives, and helped to further unlock our growth potential. We wish him continued success in his future endeavors."