Portrait

Sam Mitchell, Chief Executive Officer and Director

Sam Mitchell was named chief executive officer and director of Valvoline effective September 2016.

Mitchell joined Ashland in 1997 as director of marketing for Valvoline’s brand management group. In 1999, he was named vice president of marketing, and in 2000, vice president and general manager of Valvoline’s do-it-yourself (DIY) retail business. He became president of Valvoline and vice president of Ashland in 2002. In 2011, Mitchell was named senior vice president of Ashland, while retaining his responsibilities for Valvoline.

Prior to joining Valvoline, he held brand and category management leadership positions at The Clorox Company for eight years.

Mitchell currently serves on the board of trustees of Transylvania University and the University of Kentucky Gatton College of Business Dean’s Advisory Council. From 2006 to 2012, he served on the board of the Automotive Aftermarket Suppliers Association. Mitchell is active in the Lexington community, working with Young Life, Lexington Leadership Foundation and Habitat for Humanity.

A Michigan native, Mitchell holds a bachelor’s degree in business administration from Miami University and a master’s degree in business administration from the University of Chicago. He is a graduate of the Harvard Business School’s Advanced Management Program.

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Tom Gerrald, Senior Vice President, Core North America

Tom Gerrald was named senior vice president – Core North America in June 2016. In this role, Gerrald leads the company’s U.S. and Canadian do-it-yourself (DIY) retail and installer (DIFM – do-it-for-me) businesses, and has responsibility for commercial lubricants and chemicals. These channels are composed of large national and regional accounts, 10 direct markets and more than 139 channel partners.

Gerrald joined Ashland in 1988 as a field sales representative in the Water division and subsequently held positions of increasing responsibility, including global business director, global sales director and vice president of the supply chain.

A native of Georgia, Gerrald holds a Bachelor of Science degree in biochemistry from the University of Georgia.

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Fran Lockwood, Ph.D., Chief Technology Officer

As Valvoline’s chief technology officer, Fran Lockwood, Ph.D., leads global new product development and technical support for Valvoline’s automotive brands. She serves on the board of China Shanghai Valvoline-Cummins Lubricating Oil Co., Ltd., Valvoline’s joint venture with Cummins Inc. in China. From 2009 to 2013, she served on the board of Valvoline-Cummins Ltd., India.

A chemical engineer with more than 40 years of experience in lubricants research and development, Lockwood has led the development and commercialization for hundreds of new products and is the co-author of more than 70 publications, 25 U.S. patents and 58 foreign patents.

Lockwood joined Valvoline in 1994 as vice president of product technology. Previously, she was vice president of long range product development with Pennzoil, after also working at Martin Marietta and General Motors.

Lockwood is former chair of the American Petroleum Institute’s lubricants committee, served on the board of the American Institute of Chemical Engineers and is a fellow of the American Institute of Chemical Engineers and the Society of Tribology and Lubrication Engineering. She also served a number of years as adjunct professor at Penn State University.

Lockwood holds a Bachelor of Science degree from Rennselaer Polytechnic Institute, and a Master of Science degree and Ph.D. in chemical engineering from The Pennsylvania State University. She also holds a professional engineering license in the state of Kentucky.

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Heidi Matheys, Chief Marketing Officer

Heidi Matheys was named chief marketing officer in June 2016. In this role, she has global responsibility for Valvoline brand equity, graphic design, consumer insights, category trends, customer support, training, digital capabilities and information technology. In addition, she oversees the development and execution of the Core North America (CNA) marketing plans and shares responsibility for the strategic direction of the CNA business with Tom Gerrald.

Previously, Matheys was senior vice president – do-it-yourself (DIY) channels, overseeing sales and marketing for the company’s consumer packaged goods business in North America. She joined Valvoline in 2012 as vice president, global brands.

Before coming to Valvoline, Matheys spent more than 15 years in brand management and advertising at Johnson & Johnson, Novartis, Young & Rubicam and Graham Advertising.

A native of Wisconsin, Matheys holds a bachelor’s degree in journalism and advertising from the University of Missouri, and a master’s degree in business administration in finance and strategy from the Wharton School at the University of Pennsylvania.

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Mary Meixelsperger, Chief Financial Officer

Mary Meixelsperger was named Valvoline’s chief financial officer in June 2016. In this new role, she is responsible for the company’s global financial organization, including financial accounting and reporting, treasury and finance, insurance, business development, planning and analysis, investor relations, tax and internal audit activities.

Before joining Valvoline, Meixelsperger served as senior vice president and chief financial officer of DSW Inc., a leading branded footwear and accessories retailer, which operates 480 stores in 42 states, as well as dsw.com, a fully managed e-commerce site. From 2005 to 2014, she was chief financial officer, controller and treasurer at Shopko Stores. Prior to that, Meixelsperger was the chief financial officer for two non-profit organizations and served as chief financial officer for Worldmark Group, a private equity firm. She began her career in public accounting at Arthur Young and Co.

A Wisconsin native, Meixelsperger earned her bachelor’s degree in accounting, with distinction, from the University of Wisconsin-Madison.

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Craig Moughler, Senior Vice President, International & Product Supply

Craig Moughler was named senior vice president, International & Product Supply in September 2016. Prior to that, he had served as senior vice president of Valvoline and managing director of Valvoline International Inc. since October 2002. In his role, he oversees the long-term growth of international markets for the company. He also serves as director for Valvoline JV operating companies in India, China, Thailand, Ecuador and Argentina. In May 2016, Moughler added responsibility for the global supply chain and global lubricant product strategy.

Previously, Moughler held a number of senior management roles within the company. From 2000 to 2002, he was vice president of business transformation, driving improvement in Valvoline’s global process and innovation capabilities. From 1995 to 2000, he was vice president of the global supply chain. From 1992 to 1995, he was vice president and general manager of company operations for Valvoline Instant Oil Change, during a period of rapid growth and development. He joined the company in 1988 as manager of plant engineering.

Moughler serves on the board of the Purdue Engineering Advisory Council and the World Trade Center of Kentucky.

A native of Indiana, Moughler holds a bachelor’s degree in civil engineering from Purdue University and a master’s degree in business administration from the University of New Orleans.

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Julie O’Daniel, General Counsel, Corporate Secretary and Senior Vice President

Julie O’Daniel was named general counsel and corporate secretary, effective September 2016, and senior vice president in January 2017. She is responsible for managing all legal and corporate governance matters pertaining to Valvoline. She also oversees Valvoline’s security team and environmental, health and safety group.

O’Daniel has served as lead commercial council for Valvoline and been part of the Valvoline leadership team since October 2012. She joined Ashland in 2007 as senior counsel and has managed complex litigation matters across Ashland’s business units.

Previously, O’Daniel was a partner at the national law firm of Alston & Bird LLP in Atlanta, where she advised in the areas of securities litigation, merger and acquisition-related litigation, governmental investigations and other complex corporate matters.

O’Daniel holds a bachelor’s degree in marketing from Eastern Kentucky University and received her J.D. from the University of Kentucky.

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Tony Puckett, President, Quick Lubes

Tony Puckett was named president of Valvoline’s Quick Lubes business segment in September 2016. Prior to that, he was president of Valvoline Instant Oil Change (VIOC) since August 2007, adding oversight for all of Valvoline’s quick lubes business in June 2016. In this role, he is responsible for 1,050 VIOC stores (335 company-owned and 715 franchised), along with Valvoline Express CareSM (340 independent quick lube operators). VIOC is the #2 system and Express Care #5 by store count within the U.S. quick lube industry.

Previously, Puckett was vice president of VIOC company store operations. Prior to that, he was general manager of the Eagle One appearance products brand and previously held roles in Valvoline sales, retail brand management and environmental operations. He joined the company in 1986 as a financial sales analyst.

A native of Kentucky, Puckett holds a bachelor’s degree in business administration and finance from Eastern Kentucky University and is a graduate of the Stanford executive school for growing companies.

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Victor Rios, Chief Information Officer and Chief Digital Officer

Victor Rios was named chief information officer and chief digital officer in June 2016. In this role, he is responsible for Valvoline’s global information technology and digital capability initiatives.

Prior to joining Valvoline, Rios spent 18 years in various U.S. and international roles for Johnson & Johnson. His final role was global vice president and chief information officer for Johnson & Johnson’s Vision Care and Diabetes Solutions franchises. Prior to Johnson & Johnson, he spent three years working in consulting across the financial services, automotive and health care industries.

Rios has spoken at technology and business forums on such topics as the Digital Ecosystem, Big Data and Predictive Analytics, Internet of Things, as well as the evolution of Machine Learning and its applications. He is former co-chair and corporate advisor to The Hispanic Institute for Life and Leadership of Northeast Florida.

Originally from New Jersey, Rios holds a Bachelor of Science degree in engineering systems and computation from the Massachusetts Institute of Technology, a Master of Science and Engineering degree in computer science from the University of Pennsylvania and a master’s degree in business administration from the Tepper School at Carnegie Mellon University.

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Sara Stensrud, Chief People and Communications Officer

Sara Stensrud was named chief people and communications officer in August 2016. In this role, she has global responsibility for all aspects of human resources, including talent management and development, compensation and benefits, and employee engagement and relations. She also oversees corporate communications.

A seasoned leader with more than 25 years of experience in the retail industry, Stensrud was most recently the executive vice president and chief human resources officer for Chico’s FAS, Inc., a leading women’s retailer with more than 23,000 employees in three countries. During her time with Chico’s, she built a strategic-minded global employment model supporting multi-brand business units with shared services which, together with corporate communications, linked the businesses together within a robust company culture.

Previously, Stensrud served in a variety of progressive roles for Shopko Stores Inc., spending the majority of her seven-year career with the Midwest retailer as senior vice president of human resources. Before joining Shopko, she held posts in operations, training and retail education at Fred Meyer Stores, which was acquired by The Kroger Co. in 1999.

Stensrud holds a bachelor’s degree in communication from California State University.

IR Contact

Sean T. Cornett

Director, Investor Relations

Valvoline

859-357-3155 (Office)

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