UK markets closed

Albemarle Corporation (ALB)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
122.58-7.73 (-5.93%)
At close: 04:00PM EDT
123.50 +0.92 (+0.75%)
After hours: 08:00PM EDT

Albemarle Corporation

4250 Congress Street
Suite 900
Charlotte, NC 28209
United States
980 299 5700
https://www.albemarle.com

Sector(s)Basic Materials
IndustrySpecialty Chemicals
Full-time employees9,000

Key executives

NameTitlePayExercisedYear born
Mr. Jerry Kent Masters Jr.Chairman, President & CEO3.74MN/A1960
Mr. Neal R. SheoreyExecutive VP & CFO415.66kN/A1977
Ms. Kristin Buchholz Coleman Esq.Executive VP, General Counsel & Corporate Secretary1.37MN/A1968
Mr. Eric W. NorrisPresident of Energy Storage Global Business Unit1.3MN/A1967
Mr. Netha N. Johnson Jr.President of Specialties Global Business Unit1.09MN/A1971
Mr. John Clarence Barichivich IIIVP, Corporate Controller & Chief Accounting OfficerN/AN/A1968
Ms. Cynthia Renee LimaSenior VP and Chief External Affairs & Communications OfficerN/AN/A1962
Ms. Melissa H. AndersonExecutive VP & Chief People OfficerN/AN/A1965
Mr. Brian TessinChief Tax Counsel & VP of TaxN/AN/AN/A
Dr. Glen MerfeldChief Technology Officer of Lithium BusinessN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Specialties segment provides bromine-based specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals; lithium specialties, such as butyllithium and lithium aluminum hydride; develops and manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators. The Ketjen segment offers clean fuels technologies (CFT), which is composed of hydroprocessing catalysts (HPC) together with isomerization and akylation catalysts; fluidized catalytic cracking (FCC) catalysts and additives; and performance catalyst solutions (PCS), which is composed of organometallics and curatives. The company serves the energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals, and crop protection markets. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina.

Corporate governance

Albemarle Corporation’s ISS governance QualityScore as of 1 April 2024 is 7. The pillar scores are Audit: 7; Board: 5; Shareholder rights: 8; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.