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Eric Schnur Succeeds James Hambrick as Lubrizol Chairman and CEO

Schnur has been with the company more than 27 years, most recently as president and COO.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

The Lubrizol Corporation announced that Eric R. Schnur assumes the chairman, president and CEO roles effective January 2, 2017. Schnur succeeds James L. Hambrick, previously chairman and chief executive officer, who completes a career spanning more than 38 years at Lubrizol. This planned management transition was announced in mid-2016.
 
Schnur, who has been with the company more than 27 years, was named Lubrizol’s president and COO on June 1, 2016, having previously served as president of the Lubrizol Advanced Materials business segment for eight years. He joined the company as an engineer in research and development, and progressed through a variety of technical and commercial positions in the Lubrizol Additives and Lubrizol Advanced Materials business segments.
 
Schnur also worked at several domestic and global company facilities, including the Lubrizol Additives site in Singapore, where he led Engine Oils marketing and technical services for Southeast Asia and Australia.
 
“It is a great honor to have this opportunity,” Schnur said. “I want to thank James for all he has done for Lubrizol and for the strong foundation he has left upon which we can build and continue to grow the company.”
 
During the past 14 years, Hambrick led the transformation of Lubrizol into a leading specialty chemical company. He expanded the company’s portfolio through numerous strategic acquisitions, the most significant being Noveon International, Inc. in 2004. Lubrizol’s 2011 acquisition by Berkshire Hathaway was further validation of the company’s strength and financial performance.

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