Timothy Fitzgerald Named CFO, William Skrobacz Retires

  • NewMarket names Timothy Fitzgerald as CFO
  • Fitzgerald succeeds William Skrobacz
  • Fitzgerald has over 20 years of finance and accounting experience
  • Gail Ridgeway appointed as treasurer
  • Ann Pietrantoni to become principal accounting officer and controller

NewMarket Corporation has announced that Timothy Fitzgerald will assume the role of Vice President and Chief Financial Officer (CFO) effective January 1st. He succeeds William Skrobacz, who plans to retire next year after serving as VP and top finance executive. Fitzgerald, with over 20 years of experience in finance and accounting, has been with the company for a decade. Gail Ridgeway is appointed as treasurer, replacing Fitzgerald, while Ann Pietrantoni will become the principal accounting officer and controller on the same date.

Factuality Level: 10
Factuality Justification: The article provides accurate information about the changes in leadership positions within the company, including names, ages, previous roles, and effective dates of the transitions. It is free from sensationalism, redundancy, and personal opinions.
Noise Level: 2
Noise Justification: The article provides relevant information about personnel changes within a company, but it lacks analysis or exploration of long-term trends or consequences. It does not offer actionable insights or new knowledge for the reader.
Public Companies: NewMarket ()
Key People: Timothy Fitzgerald (Vice President and Chief Financial Officer), William Skrobacz (Vice President and Top Finance Executive), Gail Ridgeway (Treasurer), Ann Pietrantoni (Principal Accounting Officer and Controller)

Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses changes in the leadership of a company’s finance department, which is related to financial topics such as accounting and treasury management. However, it does not mention any specific impact on financial markets or companies other than the mentioned company.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text and it doesn’t discuss any major issues or crises.
Move Size: No market move size mentioned.
Sector: All
Direction: Neutral
Magnitude: No
Affected Instruments: Stocks

Reported publicly: www.marketwatch.com