secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALBEMARLE CORP (ALB)
CIK:        0000915913
Form:       8-K
Filed at:   2025-08-12T23:59:59+00:00
Accession:  0000915913-25-000144
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Albemarle COO Netha Johnson departs Aug 10; Mark Mummert succeeds as COO
------------------------------------------------------------------------

- Netha N. Johnson left as Chief Operations Officer effective August 10, 2025.
- Mark M. Mummert, age 57, named COO; previously SVP Chief Capital, Resources and Integrated Supply Chain since Nov 2024.
- Mummert's base salary set at $550,000; AIP target 80% of eligible earnings.
- Long-term incentive target for 2026 awarded during Q1 2026: $1,400,000 in PSUs, RSUs and/or options.
- Mummert joined Albemarle in 2019; prior roles at FMC, Rohm and Haas, and Dow Chemical.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915913/000091591325000144/0000915913-25-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915913/000091591325000144/alb-20250810.htm
  HTML page:      https://secwatch.observer/filing/0000915913-25-000144

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer