11:57 AM EDT, 05/09/2024 (MT Newswires) -- Quaker Houghton (KWR) said Thursday that it appointed Tom Coler as its new chief financial officer, starting June 10.

Coler will succeed Shane Hostetter, who will step down from the post to pursue other opportunities and will remain with Quaker Houghton through Aug. 4 to ensure a smooth transition, the company said.

Coler currently serves as executive vice president and the CFO of privately held supply chain and logistics service provider Savage Companies, Quaker Houghton added.

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