NewMarket overview

NewMarket Corporation is a publicly traded, company that primarily serves the petroleum additives industry. The company is based in Richmond, Virginia, and has operations in North America, Latin America, Europe, the Middle East and Asia Pacific. The company was founded in 1887.
The staff at NewMarket come from unusually diverse demographic backgrounds. The company is 39.3% female and 32.2% ethnic minorities. NewMarket employees are more likely to be members of the Democratic Party than the Republican Party, with 58.3% of employees identifying as members of the Democratic Party. But those numbers could change quickly because the turnover rate at NewMarket is relatively high. Employees at NewMarket stay with the company for an average of 2.7 years before leaving. The average employee at NewMarket makes $54,167 per year. Pay at NewMarket is significantly lower than some of its highest paying competitors, like Siemens, EIS, and Election Systems & Software, which pay $76,418, $73,113, and $71,134, respectively.
A large manufacturing company with 1,842 employees and an annual revenue of $2.1B, NewMarket is headquartered in Richmond, Virginia.







Founded in



Richmond, VA


Organization Type


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The team at NewMarket

Key People
  • Thomas Gottwald (Chairman, CEO)
  • Brian Paliotti (CFO)

The Culture At NewMarket

Information provided by the company
Our employees are our most treasured asset and we have dedicated resources that allow us to reward our employees for their commitment on an ongoing basis - ensuring our compensation packages are competitive in the industry.
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Just as these values apply to our professional relationships, they also apply to the way feel about our neighbors and communities.

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NewMarket Rankings

NewMarket is ranked #87 on the Best Manufacturing Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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NewMarket Salaries

How much does NewMarket pay?
The national average salary for a NewMarket employee in the United States is $54,167 per year. Employees in the top 10 percent can make over $96,000 per year, while employees at the bottom 10 percent earn less than $30,000 per year.
Salary Score
Average Employee Earnings

NewMarket Salaries By Job Title

While the average employee salary at NewMarket is $54,167, there is a big variation in pay depending on the role. Some of the job titles with high salaries at NewMarket are Principal Software Engineer, Sales Manager, Solutions Architect, and Web Architect. A worker with the title Principal Software Engineer salary at NewMarket can earn an average yearly salary of $99,318. To get a better sense of the salaries at NewMarket, other roles such as Stower and Meat Cutter can be considered as well. For comparison, the title Stower at NewMarket earns $20,282 per year.

NewMarket careers

On average, employees at NewMarket stay with the company for 2.7 years. Employees most commonly join NewMarket after leaving Target. When they leave NewMarket, they most frequently get their next job at Liberty Mutual.

Average Length of Employment
Ethyl4.9 years


2.7 years
Top Employers Before NewMarket
Target8.6 %
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Top Employers After NewMarket
IBM10.3 %
Subway5.2 %
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NewMarket Financial Performance

Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.


> $1B

Founded in


Organization type


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NewMarket Subsidiaries

Subsidiaries to NewMarket include Afton Chemical. Employees at the parent company, NewMarket, earn $54,167 whereas employees at Afton Chemical earn $67,340, on average.
Average Salary

NewMarket Competitors

Competitors of NewMarket include Siemens, EIS, and Election Systems & Software. The wages at Siemens average higher than the other similar companies, where the median salary is $76,418 per year. The salaries at EIS average $73,113 per year, and the salaries at Election Systems & Software come in at $71,134 per year.

Frequently Asked Questions about NewMarket

When was NewMarket founded?

NewMarket was founded in 1887.

How many Employees does NewMarket have?

NewMarket has 1,842 employees.

How much money does NewMarket make?

NewMarket generates $2.1B in revenue.

What industry is NewMarket in?

NewMarket is in the chemicals industry.

What type of company is NewMarket?

NewMarket is a public company.

Who are NewMarket's competitors?

NewMarket competitors include Afton Chemical, Ethyl, Arbonne International, SPECTRA SYS, EIS, Technical Services, Rogers, ULTRA FIBERGLASS SYS, Gerber Technology, Catalina, ClientLogic Handels, Key Technology, CTS, Dukes, Siemens, Ross Printing, IPG, Election Systems & Software, Snap-on, EFI Global.

Who works at NewMarket?

Thomas Gottwald (Chairman, CEO)

Brian Paliotti (CFO)

Where is NewMarket's headquarters?

NewMarket's headquarters is in Richmond, VA.

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You can find out what it is like to work at NewMarket, also known as NEWMARKET CORP, NewMarket and NewMarket Corporation.

Zippia gives an in-depth look into the details of NewMarket, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NewMarket. The employee data is based on information from people who have self-reported their past or current employments at NewMarket. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of NewMarket and its employees or that of Zippia.