CONSHOHOCKEN, Pa., Aug. 25, 2015 /PRNewswire/ -- Quaker
Chemical Corporation (NYSE: KWR) today announced that Margaret M. Loebl has resigned from her position
as Vice President, Chief Financial Officer and Treasurer of Quaker
effective September 18, 2015.
Ms. Loebl has accepted the position of Executive Vice President and
Chief Financial Officer at AgroFresh Solutions (NASDAQ: AGFS), a
specialty solutions company based in Philadelphia. Quaker has
begun the search for a new CFO.
Michael F. Barry, Quaker's
Chairman, Chief Executive Officer and President commented, "On
behalf of everyone at Quaker, I thank Margo for her significant
contributions during her tenure as CFO. We wish Margo well in
this new opportunity and in her career."
Forward-Looking Statements
This release contains forward-looking statements that are
subject to certain risks and uncertainties that could cause actual
results to differ materially from those projected in such
statements. A major risk is that the Company's demand is
largely derived from the demand for its customers' products, which
subjects the Company to downturns in a customer's business and
unanticipated customer production shutdowns. Other major
risks and uncertainties include, but are not limited to,
significant increases in raw material costs, customer financial
stability, worldwide economic and political conditions, foreign
currency fluctuations, and future terrorist attacks such as those
that occurred on September 11,
2001. Other factors could also adversely affect us.
Therefore, we caution you not to place undue reliance on our
forward-looking statements. This discussion is provided as
permitted by the Private Securities Litigation Reform Act of
1995.
About Quaker
Quaker Chemical is a leading global provider of
process fluids, chemical specialties, and technical expertise
to a wide range of industries, including steel, aluminum,
automotive, mining, aerospace, tube and pipe, cans, and
others. For nearly 100 years, Quaker has helped customers
around the world achieve production efficiency, improve product
quality, and lower costs through a combination of innovative
technology, process knowledge, and customized services.
Headquartered in Conshohocken,
Pennsylvania USA, Quaker serves businesses worldwide with
a network of dedicated and experienced professionals
whose mission is to make a difference.
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SOURCE Quaker Chemical Corporation