"Quaker is strong, uniquely positioned in its markets, and growing," Naples added. "I'm in my 27th year as a public-company CEO. It feels a good time to move on, while at only 62, I've still got the energy, appetite, and time to write another chapter. I've got a broad range of interests I'd like to engage further, from civic and public policy involvement to even possibly another slant on business."
In his career, Naples has had two successful leadership terms at two very different businesses. In addition to Quaker, a technology and service driven industrial business, Naples was chairman and CEO for over 13 years at Hunt Manufacturing, a consumer and commercial products business with retail distribution. Both businesses grew substantially in size, global reach, and market value under Naples' guidance.
During his time at Quaker, Naples led the creation of the company's unique competitive position as a worldwide, globally integrated company built around alignment with global customers, borderless service and value delivery to these customers, and the capture of worldwide knowledge and learning to create competitive advantage. This is reflected in Quaker's approach to the world that gets the best out of the balance between global reach and strategy, and local performance accountability.
"Whatever progress we've realized over the years is a tribute to Quaker's talented management team and fine people. They've been at the heart of making our global organization work and have built the worldwide leadership positions we enjoy," Naples said.
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Quaker Chemical Corporation