Quaker Houghton Appoints Joseph Berquist as CEO and President

Core Viewpoint - Quaker Houghton has appointed Joseph Berquist as the new Chief Executive Officer and President, succeeding Andy Tometich, effective immediately [1][2]. Leadership Transition - The Board of Directors expressed gratitude to Andy Tometich for his three years of leadership, highlighting his valuable outside perspective [2]. - The Board aims to have a CEO with in-depth knowledge of the industry, which is expected to drive shareholder value through organic growth and acquisitions [2]. - Joseph Berquist has a long history with Quaker Houghton, having joined in 1997 and held various leadership roles, including Chief Strategy Officer and Executive Vice President, Chief Commercial Officer [2][3]. Company Background - Quaker Houghton is recognized as the global leader in industrial process fluids, operating in over 25 countries and serving advanced industries such as steel, aluminum, automotive, and aerospace [3]. - The company employs approximately 4,400 individuals, including chemists and engineers, to provide innovative and sustainable solutions to its customers [3].