Quaker Houghton announced that Andrew (Andy) Tometich will become its new President, as well as a member of the Board of Directors effective December 1, 2021. Mr. Tometich will enter Quaker Houghton in early October 2021 and begin transitioning with Michael F. Barry who will retire on December 31, 2021. Mr. Barry has worked at Quaker Houghton for more than 23 years, and spent the last 13 as Chief Executive Officer and President. Mr. Barry will continue on as Chairman of the Board. Mr. Tometich has led businesses across a variety of industries, including: transportation, energy, packaging, industrial manufacturing and processing, electronics, and personal care. He spent the majority of his thirty-plus year career at Dow Corning. While there, Mr. Tometich and the teams he led expanded customer offerings and internal capabilities through multiple acquisitions and integrations, while also growing these specialty chemical businesses organically. He also played a key leadership role in the global restructuring of Dow Corning's $5 billion enterprise into customer-intimate and technology-focused businesses that accelerated differentiated growth. Most recently, Mr. Tometich served as Executive Vice President, Hygiene, Health and Consumable Adhesives at H.B. Fuller. In that role, he was able to successfully lead the team to realign autonomous regional businesses into a market-segment and customer-focused business. They achieved above-market growth while facing unprecedented challenges from COVID-19 and global supply chain disruptions. To further bolster the Company's strategic initiatives, Quaker Houghton has also promoted Joseph A. Berquist to its Executive Vice President, Chief Strategy Officer, and Managing Director, Global Specialty Businesses. In addition to Mr. Berquist's current responsibilities for directing the Company's strategic priorities, he will have increased responsibility to lead the Company's mergers and acquisitions, sustainability efforts, information technology, and digitization efforts. He will also continue to manage the Company's global specialty businesses. Mr. Berquist is a 24 year veteran of Quaker Houghton.