Ronald J. Naples Announces Retirement from Quaker Chemical

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May 7, 2008, Conshohocken, Pa., USA - Ronald J. Naples, who, over the past 13 years has led Quaker Chemical Corporation, has announced plans to step down as Chief Executive Officer in October.

Mr. Naples will remain chairman and CEO until October, and after that he will remain chairman for a limited time. Mr. Naples has had two successful leadership terms at two very different businesses. In addition to Quaker, a technology and service driven industrial business, Mr. 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 under Mr. Naples' guidance.

The company has selected Michael F. Barry, senior vice president and managing director, North America, Quaker's largest operation, to assume the Chief Executive Officer role in October. Mr. Barry has an MBA with distinction from the Wharton School of the University of Pennsylvania, and a bachelor's degree in chemical engineering from Drexel University. Mr. Barry joined Quaker in 1998 as chief financial officer, where he served for six years, and has also served in key global and regional operating roles, most recently leading the company's North American operations to record levels of performance. Mr. Barry has been a member of the company's management executive committee, which oversees the company's worldwide business, since joining Quaker.

The Board has also appointed Patricia C. Barron, a long-time company director, as lead director.

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