Albemarle restructures to integrated functional model; GC and controller depart, new COO and CCO appointed

ALBEMARLE CORP

Kristin Coleman (EVP, GC) to leave Nov 4; John Barichivich (VP, CAO) to leave Dec 31.
Operating structure shifts from two business units (Energy Storage, Specialties) to integrated functional model.
Netha Johnson becomes COO; Eric Norris becomes CCO; Stacy Grant named GC effective immediately.
Company to provide cost structure update on Q3 2024 earnings call Nov 7.
Goal: increase agility, drive cost savings, maintain long-term competitiveness.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Kristin Coleman

Executive Vice President, General Counsel and Corporate Secretary

ALB · ALBEMARLE CORP

Effective: 2024-11-04
Filed: October 7, 2024, 7:59 PM ET

On October 7, 2024, in connection with the implementation of the new operating structure described in Item 7.01 below, Kristin Coleman will cease serving as Executive Vice President, General Counsel and Corporate Secretary of Albemarle Corporation (the “Company”), and her last day of employment will be November 4, 2024.

Departed

John C. Barichivich III

Vice President, Corporate Controller and Chief Accounting Officer

ALB · ALBEMARLE CORP

Effective: 2024-12-31
Filed: October 7, 2024, 7:59 PM ET

In addition, in connection with the implementation of such new operating structure, John C. Barichivich III will cease serving as Vice President, Corporate Controller and Chief Accounting Officer of the Company effective upon the appointment of his successor, and his last day of employment will be December 31, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kristin Coleman departed as Executive Vice President, General Counsel and Corporate Secretary at ALBEMARLE CORP.

Action: will cease serving
Role: Executive Vice President, General Counsel and Corporate Secretary

Exact text from the filing

On October 7, 2024, in connection with the implementation of the new operating structure described in Item 7.01 below, Kristin Coleman will cease serving as Executive Vice President, General Counsel and Corporate Secretary of Albemarle Corporation (the “Company”), and her last day of employment will be November 4, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John C. Barichivich III departed as Vice President, Corporate Controller and Chief Accounting Officer at ALBEMARLE CORP.

Action: will cease serving
Role: Vice President, Corporate Controller and Chief Accounting Officer

Exact text from the filing

In addition, in connection with the implementation of such new operating structure, John C. Barichivich III will cease serving as Vice President, Corporate Controller and Chief Accounting Officer of the Company effective upon the appointment of his successor, and his last day of employment will be December 31, 2024.

View on SEC.gov

ALBEMARLE CORP filing history →

Source: SEC EDGAR

accession 0000915913-24-000146

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