John C. Barichivich III
As previously announced, John C. Barichivich III will cease serving as the Company’s principal accounting officer upon the effective date of Mr. LaBauve’s appointment as his successor.
Highest-materiality recent filing
All 10 director nominees elected; J. Kent Masters received the most against votes at ~4.95M.
Albemarle Q1 net sales up 33% to $1.4B; adjusted EPS $2.95 vs ($0.18) YoY
Net sales $1.4B (+33% YoY); net income $319M ($2.34 diluted EPS); adjusted EPS $2.95.
Albemarle CAO Donald LaBauve to retire June 1, 2026 after 36 years
Donald J. LaBauve Jr. to retire as Chief Accounting Officer effective June 1, 2026.
Albemarle extends credit agreement maturity to 2028, removes SOFR adjustment
Maturity date extended to the later of October 28, 2028 or one year after any permitted extension.
Sale to KPS Capital Partners: ~$547M cash ($22M included with Ketjen); combined with Eurecat sale totals ~$670M pre-tax.
Albemarle appoints Michelle Collins and Mark Widmar to board, effective Feb. 26, 2026
Collins, former Deloitte vice chair, joins Audit & Finance and Governance committees.
Albemarle Q4 net sales up 16% to $1.43B; net loss $414M but adjusted EBITDA +7%
Q4 net sales $1.43B, up 16% YoY; Energy Storage +23% to $759M, adjusted EBITDA +25%.
Albemarle director Dean Seavers resigns from board, effective Dec 12, 2025
Dean L. Seavers resigned from Albemarle Board and all committees, effective Dec 12, 2025.
Albemarle Q3 net loss narrows to $161M; adjusted EBITDA up 7%, free cash flow guidance raised
Net loss of ($160.7M) or ($1.72) diluted EPS; adjusted loss per share ($0.19).
Albemarle sells controlling stake in Ketjen to KPS; expects $660M total cash proceeds
Albemarle will sell 51% of Ketjen to KPS for ~$536M cash + 49% rollover equity; total proceeds ~$660M including Eurecat sale.
Albemarle COO Netha Johnson departs Aug 10; Mark Mummert succeeds as COO
Netha N. Johnson left as Chief Operations Officer effective August 10, 2025.
Albemarle extends CEO Kent Masters' employment through March 2027 with new compensation agreements
CEO Kent Masters signed new employment agreement extending his term to March 30, 2027, with same $1.4M base salary.
Albemarle Q2 net income $22.9M vs loss a year ago; cuts capex to $650-700M
Net sales of $1.33B, down 7% YoY; Energy Storage -13.5%, Specialties +5.1%, Ketjen -1.8%.
Albemarle shareholders elect all 10 directors, approve say-on-pay and simple majority proposal
All 10 director nominees elected; for votes ranged from 74.8M (O'Brien) to 79.3M (Van Deursen).
Albemarle Q1 net sales down 21% to $1.08B; adj. EBITDA $267M, adj. diluted EPS loss $0.18
Net sales $1.08B, down 21% YoY; Energy Storage sales -34% to $525M due to lower pricing.
Albemarle Q4 adj. EPS loss $1.09; full-year net loss $1.2B as lithium prices slump
Q4 net sales $1.2B (-48% YoY); adj. diluted EPS loss ($1.09) vs loss ($5.19) prior year.
Albemarle files SEC technical reports for lithium and bromine resources and reserves
TRS cover lithium resources/reserves at Greenbushes, Wodgina, Salar de Atacama, Silver Peak.
Albemarle Q3 net loss $1.1B; announces 6-7% workforce reduction, $300-400M annual cost savings
Net loss of $1.1B ($9.45/sh); adjusted loss $1.55/sh; includes $861M asset write-off charges.
Albemarle names Donald J. LaBauve Jr. as Chief Accounting Officer effective Nov 11, 2024
Donald J. LaBauve Jr. appointed Chief Accounting Officer, effective November 11, 2024.
Kristin Coleman (EVP, GC) to leave Nov 4; John Barichivich (VP, CAO) to leave Dec 31.
Albemarle reports Q2 net loss of $188M; initiates cost review with up to $1.1B charge
Net loss of $188M ($1.96 diluted EPS); adjusted EPS $0.04; net sales $1.4B, down YoY on lower lithium pricing.
Albemarle shareholders approve increase in authorized common shares to 275M from 150M
Charter amendment effective May 10, 2024; authorized shares rise from 150M to 275M.
Albemarle Q1 net sales $1.4B, net income $2M, adj EPS $0.26; reaffirms FY2024 outlook
Net sales $1.4B driven by Energy Storage volume growth; net income $2M ($0.08 diluted EPS loss after preferred dividends).
As previously announced, John C. Barichivich III will cease serving as the Company’s principal accounting officer upon the effective date of Mr. LaBauve’s appointment as his successor.
On October 28, 2024, Albemarle Corporation (the “Company”) appointed Donald J. LaBauve, Jr. (Jim) as the Company’s Chief Accounting Officer, effective November 11, 2024.
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.
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.
Max materiality 0.85 · Median 0.65 · Most common event earnings