Quaker Houghton, a global leader in industrial process fluids, has announced the appointment of Tom Coler as Executive Vice President and Chief Financial Officer effective June 10, 2024. Coler brings a wealth of experience in corporate finance, financial planning, and analysis, as well as a proven track record of driving growth and enhancing productivity across various industries.
Coler's appointment follows the tenure of Shane Hostetter, who has served as CFO since 2021 and will be departing the company to pursue other opportunities. Hostetter will remain with Quaker Houghton until August 4, 2024, ensuring a smooth transition of responsibilities.
Andy Tometich, CEO and President of Quaker Houghton, expressed confidence in Coler's ability stating, “Tom is an experienced financial executive with expertise in driving growth and leading transformation. He has demonstrated success as a CFO as well as in various financial leadership roles at both public and private companies. I am confident Tom will be an excellent partner to build on the momentum in our business, accelerate our growth and continue to generate long-term shareholder value."
Currently serving as Executive Vice President and CFO at Savage Companies, a global supply chain and logistics service provider, Coler has demonstrated his expertise in driving growth and enhancing productivity. Prior to his role at Savage Companies, Coler held key financial positions at H.B. Fuller Corporation and Polaris Industries, where he played instrumental roles in financial management and strategic decision-making.
Coler's professional journey also includes leadership positions within the finance organizations of Ecolab Corporation and Boston Scientific. He is a Certified Public Accountant (CPA) and Chartered Financial Analyst (CFA), further underscoring his qualifications for the role of CFO at Quaker Houghton.
Headquartered in Conshohocken, Pennsylvania, near Philadelphia, Quaker Houghton operates globally with a presence in over 25 countries. The company serves thousands of advanced and specialized steel, aluminum, automotive, aerospace, and metalworking companies with high-performing, innovative, and sustainable solutions.
With approximately 4,400 employees, including chemists, engineers, and industry experts, Quaker Houghton is committed to partnering with its customers to improve their operations and enhance efficiency and effectiveness. Its best-in-class technology, deep process knowledge, and customized services ensure that customers receive tailored solutions to meet their specific needs.
As, Coler assumes the role of Executive Vice President and CFO, Quaker Houghton looks forward to leveraging his expertise and leadership to drive continued growth and success in the industrial process fluids sector.
