UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 16, 2018
NEWMARKET CORPORATION
(Exact name of registrant as specified in its charter)
Commission FileNo. 1-32190
Virginia | 20-0812170 | |
(State or other jurisdiction of incorporation) | (IRS Employer Identification No.) | |
330 South Fourth Street, Richmond, Virginia | 23219 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (804)788-5000
Check the appropriate box below if the Form8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant toRule 14a-12 under the Exchange Act (17 CFR240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule12b-2 of the Securities Exchange Act of 1934(§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 16, 2018, NewMarket Corporation (the “Company”) was notified by Robert A. Shama, Vice President of Strategic OEMs (Original Equipment Manufacturers) of Afton Chemical Corporation (“Afton Chemical”) that he will retire on January 1, 2019. On November 16, 2018, the Company entered into a Consulting Agreement with Mr. Shama. Under the terms of the Consulting Agreement, following his retirement, Mr. Shama will provide counsel and assistance to the Company in support of its businesses and in particular, Afton Chemical. For such services, Mr. Shama will be paid $355,000 annually. The Consulting Agreement terminates on December 31, 2021. Mr. Shama previously served as President of Afton Chemical until May 15, 2018.
This summary of the Consulting Agreement does not purport to be complete and is subject to, and is qualified in its entirety by, reference to the Consulting Agreement, a copy of which is attached as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
10.1 | Consulting Agreement, dated November 16, 2018, between NewMarket Corporation and Robert A. Shama. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: November 19, 2018
NEWMARKET CORPORATION | ||
By: | /s/ Brian D. Paliotti | |
Brian D. Paliotti | ||
Vice President and Chief Financial Officer |