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Albemarle Corporation (ALB)

NYSE - NYSE Delayed Price. Currency in USD
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224.79+11.17 (+5.23%)
At close: 04:00PM EDT
223.83 -0.96 (-0.43%)
After hours: 07:59PM 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 Employees6,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Jerry Kent Masters Jr.Chairman, Pres & CEO3.49MN/A1961
Mr. Scott A. TozierExec. VP & CFO1.55M8M1966
Ms. Karen G. Narwold Esq.Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec.1.32M619.14k1960
Mr. Eric W. NorrisPres of Lithium Global Bus. Unit1.47M476.04k1967
Mr. Netha N. Johnson Jr.Pres of Bromine Specialties Global Bus. Unit1.28MN/A1971
Mr. John Clarence Barichivich IIIVP, Corp. Controller & Chief Accounting OfficerN/AN/A1968
Mr. Patrick ThompsonChief Information OfficerN/AN/AN/A
Ms. Melissa H. AndersonSr. VP & Chief HR OfficerN/AN/A1965
Mr. Ahmad KhalifehManaging Director of Middle East OfficeN/AN/AN/A
Mr. Raphael Goszcz CrawfordPres of Catalysts Global Bus. UnitN/AN/A1976
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is 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: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers for car tires, rubber soles, plastic bottles, catalysts for chemical reactions, organic synthesis processes in the areas of steroid chemistry and vitamins, life sciences, pharmaceutical industry, and other markets. It also provides cesium products for the chemical and pharmaceutical industries; zirconium, barium, and titanium products for pyrotechnical applications that include airbag initiators; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services. The Bromine segment offers bromine and bromine-based fire safety solutions; specialty chemicals, including elemental bromine, alkyl and inorganic bromides, brominated powdered activated carbon, and other bromine fine chemicals for use in chemical synthesis, oil and gas well drilling and completion fluids, mercury control, water purification, beef and poultry processing, and other industrial applications; and other specialty chemicals, such as tertiary amines for surfactants, biocides, and disinfectants and sanitizers. The Catalysts segment provides hydroprocessing, isomerization, and akylation catalysts; fluidized catalytic cracking catalysts and additives; and 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 June 1, 2022 is 5. The pillar scores are Audit: 5; Board: 5; Shareholder Rights: 8; Compensation: 1.

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 a 10 indicates higher governance risk.