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Albemarle (NYSE: ALB) chief accounting officer plans June 2026 retirement

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Form Type
8-K

Rhea-AI Filing Summary

Albemarle Corporation reported a leadership change in its finance organization. Donald J. LaBauve Jr. has informed the company of his intent to retire as Chief Accounting Officer, effective June 1, 2026, after more than 36 years of service.

The company stated that his retirement is not the result of any dispute or disagreement with Albemarle, including on accounting practices or financial reporting, indicating this is a planned transition rather than a response to any accounting or reporting issues.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Retirement effective date June 1, 2026 Effective date for Chief Accounting Officer’s retirement
Years of service More than 36 years Tenure of Donald J. LaBauve Jr. at Albemarle
Notice date April 13, 2026 Date LaBauve advised Albemarle of retirement intent
Chief Accounting Officer financial
"retire from his position as Chief Accounting Officer, effective June 1, 2026"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
Mandatory Convertible Preferred Stock financial
"DEPOSITARY SHARES, each representing a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred Stock"
A mandatory convertible preferred stock is a type of investment that pays regular income like a preferred share but is designed to automatically turn into a set number of common shares at a future date, much like a timed coupon that becomes company ownership. It matters to investors because it combines a near-term income stream with a guaranteed future increase in the company’s share count, which can dilute existing owners and change earnings-per-share and voting balance.
Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________
FORM 8-K
_________________________________

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 13, 2026

_________________________________
ALBEMARLE CORPORATION
(Exact name of registrant as specified in charter)
_________________________________
Virginia001-1265854-1692118
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
4250 Congress Street, Suite 900
Charlotte, North Carolina 28209
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (980) 299-5700
Not applicable
(Former name or former address, if changed since last report.)
_________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a- 12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading SymbolName of each exchange on which registered
COMMON STOCK, $.01 Par ValueALBNew York Stock Exchange
DEPOSITARY SHARES, each representing a 1/20th interest in a share of 7.25% Series A Mandatory Convertible Preferred StockALB PR ANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 13, 2026, Donald J. LaBauve Jr. advised Albemarle Corporation (the “Company”) of his intent to retire from his position as Chief Accounting Officer, effective June 1, 2026, following more than 36 years of service to the Company. Mr. LaBauve’s retirement is not the result of any dispute or disagreement with the Company, including with respect to any matters relating to the Company’s accounting practices or financial reporting.




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALBEMARLE CORPORATION
Date: April 17, 2026By:/s/ Ander C. Krupa
Ander C. Krupa
General Counsel and Corporate Secretary


Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did Albemarle (ALB) announce in this filing?

Albemarle announced that Donald J. LaBauve Jr. plans to retire as Chief Accounting Officer. His retirement is effective June 1, 2026, after more than 36 years with the company, and is described as unrelated to any dispute or disagreement over accounting or financial reporting.

When will Albemarle’s Chief Accounting Officer Donald J. LaBauve Jr. retire?

Donald J. LaBauve Jr. will retire from his role as Albemarle’s Chief Accounting Officer effective June 1, 2026. The filing notes he has served the company for more than 36 years and that his decision is not due to any disagreement with Albemarle.

Did Albemarle (ALB) report any accounting disputes tied to the CAO’s retirement?

Albemarle explicitly stated that Donald J. LaBauve Jr.’s retirement is not the result of any dispute or disagreement with the company. This includes matters related to Albemarle’s accounting practices or financial reporting, suggesting the change is a routine retirement rather than a response to issues.

What role does Donald J. LaBauve Jr. currently hold at Albemarle (ALB)?

Donald J. LaBauve Jr. currently serves as Albemarle’s Chief Accounting Officer. He has been with the company for more than 36 years, and he has notified Albemarle of his intent to retire from this position effective June 1, 2026, according to the filing.

How long has Albemarle’s retiring Chief Accounting Officer served the company?

The filing states that Donald J. LaBauve Jr. has provided more than 36 years of service to Albemarle. His long tenure culminates with his planned retirement as Chief Accounting Officer, effective June 1, 2026, which the company describes as not stemming from any dispute or disagreement.

Who signed Albemarle’s 8-K reporting the Chief Accounting Officer’s retirement?

The report was signed on behalf of Albemarle Corporation by Ander C. Krupa. Krupa is identified in the document as the company’s General Counsel and Corporate Secretary, executing the filing that discloses Donald J. LaBauve Jr.’s planned retirement as Chief Accounting Officer.

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