Albemarle (NYSE: ALB) names ex-Vale CEO Eduardo Bartolomeo to board
Rhea-AI Filing Summary
Albemarle Corporation appointed Eduardo De Salles Bartolomeo as an independent member of its Board of Directors, effective July 21, 2026. He joins the Board’s Audit and Finance Committee and Safety, Sustainability, Operations & Capital Committee.
Under the non-employee director compensation program, Bartolomeo will receive a $120,000 annual cash retainer and an annual restricted stock grant valued at $170,000, both pro-rated for his partial year of service in 2026, with the stock amount rounded up to the nearest 25 shares. Albemarle highlights his more than 30 years of leadership in global mining and logistics, including service as Chief Executive Officer of Vale S.A. from 2019 to 2024 and other senior roles in metals and logistics businesses, as well as his current board role at Boston Metal, Inc.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
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.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Annual cash retainer: $120,000
Annual restricted stock grant: $170,000
Effective appointment date: July 21, 2026
+2 more
5 metrics
Annual cash retainer
$120,000
Annual cash retainer for non-employee director Eduardo Bartolomeo, pro-rated for 2026
Annual restricted stock grant
$170,000
Grant date value of annual restricted stock award to Eduardo Bartolomeo, pro-rated and rounded up to nearest 25 shares
Effective appointment date
July 21, 2026
Effective date of Eduardo Bartolomeo’s appointment to Albemarle’s Board of Directors
Series A preferred dividend rate
7.25%
Dividend rate on Albemarle’s Series A Mandatory Convertible Preferred Stock represented by depositary shares
Depositary share interest
1/20th
Each depositary share represents a 1/20th interest in one share of 7.25% Series A Mandatory Convertible Preferred Stock
Key Terms
Mandatory Convertible Preferred Stock, restricted stock, Regulation FD, forward-looking statements
4 terms
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.
restricted stock financial
"an annual grant of restricted stock equal to $170,000 at the grant date"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Regulation FD regulatory
"Item 7.01 Regulation FD Disclosure"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
forward-looking statements regulatory
"This press release contains statements concerning our expectations ... which constitute "forward-looking statements""
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What board change did Albemarle (ALB) announce in this 8-K?
Albemarle appointed Eduardo De Salles Bartolomeo as an independent director, effective July 21, 2026. He joins the Board and will serve on the Audit and Finance Committee and the Safety, Sustainability, Operations & Capital Committee, adding extensive mining and logistics experience.
Which Albemarle (ALB) board committees will Eduardo Bartolomeo join?
Eduardo Bartolomeo will serve on Albemarle’s Audit and Finance Committee and its Safety, Sustainability, Operations & Capital Committee. These assignments align his mining, logistics and operational background with the company’s financial oversight and safety, sustainability and capital allocation responsibilities.
How is Albemarle (ALB) compensating Eduardo Bartolomeo as a director?
Bartolomeo will receive a $120,000 annual cash retainer and an annual $170,000 restricted stock grant. Both amounts are under Albemarle’s non-employee director compensation program and will be pro-rated for his partial year of service in 2026, with shares rounded to 25-share increments.
What is Eduardo Bartolomeo’s background relevant to Albemarle (ALB)?
Eduardo Bartolomeo previously served as Chief Executive Officer of Vale S.A. from 2019 to 2024. He has over 30 years of leadership in global mining, metals and logistics, and currently serves on the Board of Directors of Boston Metal, Inc., a privately held company.
When did Albemarle (ALB) publicly announce Eduardo Bartolomeo’s appointment?
Albemarle issued a press release on July 23, 2026 announcing Eduardo Bartolomeo’s board appointment, which was effective July 21, 2026. The press release is furnished as Exhibit 99.1 and is treated as Regulation FD disclosure rather than being deemed filed.
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): 7/21/2026
_________________________________
(Exact name of registrant as specified in charter)
_________________________________
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(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):
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
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.
(d) Effective as of July 21, 2026, the Board of Directors (the “Board”) of Albemarle Corporation (the “Company”) appointed Mr. Eduardo De Salles Bartolomeo as an independent member of the Board.
Mr. Bartolomeo has been appointed to the Board’s Audit and Finance Committee and Safety, Sustainability, Operations & Capital Committee.
In accordance with our non-employee director compensation program, Mr. Bartolomeo will receive an annual retainer of $120,000, payable quarterly and pro-rated for the partial year of appointment, and an annual grant of restricted stock equal to $170,000 at the grant date, rounded up to the nearest 25-share increment and pro-rated for partial year of appointment.
There is no arrangement or understanding with or between Mr. Bartolomeo and any other persons pursuant to which he was selected as a director. There are no transactions in which Mr. Bartolomeo has an interest requiring disclosure under Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On July 23, 2026 the Company issued a press release announcing the appointment, a copy of which is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 and in Exhibit 99.1 hereto shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall either be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number | Exhibit | ||||
| 99.1 | Press Release dated July 23, 2026 issued by the Company | ||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
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: July 23, 2026 | By: | /s/ Ander C. Krupa | |||||||||
| Ander C. Krupa | |||||||||||
| General Counsel and Corporate Secretary | |||||||||||
EXHIBIT 99.1
Press ReleaseAlbemarle Appoints Eduardo Bartolomeo to Board of Directors
CHARLOTTE, North Carolina, July 23, 2026 – Albemarle Corporation (NYSE: ALB), a global leader in providing essential elements for mobility, energy, connectivity and health, today announced that its Board of Directors (the "Board") has appointed Eduardo Bartolomeo to the Board, effective July 21, 2026.
Bartolomeo brings more than 30 years of leadership experience in complex global industrial environments, particularly in mining and logistics. Bartolomeo most recently served as Chief Executive Officer of Vale S.A., one of the world's largest mining companies, from 2019 to 2024. During his tenure, he led the company's operational, safety, and cultural transformation and oversaw business lines in global mining, logistics, and metals.
“Eduardo is a highly respected executive with extensive experience across mining, metals, logistics and global operations,” said Albemarle Chairman and CEO Kent Masters. “His insights and leadership will be invaluable as we continue to execute our strategy, strengthen our competitive position and create long-term value for our stakeholders. We are pleased to welcome him to the Board.”
Prior to serving as Vale’s CEO, Bartolomeo held several senior leadership positions at the company, including Executive Director of base metals and Executive Director of logistics operations. He also previously served as Chief Executive Officer of Nova Transportadora do Sudeste and as Chairman of Log-In Logística Intermodal.
He holds an MBA from the Massachusetts Institute of Technology, an MBA from Katholieke Universiteit Leuven in Belgium, and a bachelor's degree in metallurgical engineering from Universidade Federal Fluminense in Brazil. He also serves on the Board of Directors of Boston Metal, Inc., a privately held global company based in Massachusetts. Bartolomeo will join the Board's Audit & Finance Committee and the Safety, Sustainability, Operations & Capital Committee.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a world leader in transforming essential resources into critical ingredients for mobility, energy, connectivity and health. We partner to pioneer new ways to move, power, connect and protect with people and planet in mind. A reliable and high-quality global supply of lithium and bromine allows us to deliver advanced solutions for our customers. Learn more about how the people of Albemarle are enabling a more resilient world at Albemarle.com.
Albemarle regularly posts information to Albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves.
Forward-Looking Statements
This press release contains statements concerning our expectations, anticipations and beliefs regarding the future, which constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, which are based on assumptions that we have made as of the date hereof and are subject to known and unknown risks and uncertainties, often contain words such as "anticipate," "believe," "expect," "may," "should," "would," and "will" and similar references to future periods. Forward-looking statements may include statements regarding: expectations relating to Company strategy, operations, or performance; plans and expectations related to board composition and contributions; other underlying assumptions and outlook considerations, and all other
information relating to matters that are not historical facts. These and other forward-looking statements are based on management's current assumptions and expectations and involve risks and uncertainties that could significantly affect expected results. Actual results could differ materially from those expressed or implied in the forward-looking statements if one or more of the underlying estimates, assumptions or expectations prove to be inaccurate or are unrealized. Factors that could cause Albemarle's actual results to differ materially from the outlook expressed or implied in any forward-looking statement include: breaches of contract; changes in economic and business conditions; changes in availability to serve on the board of directors; trade policies and tariffs; technological change and development; changes in laws and government regulation; regulatory actions, proceedings, cyber-security breaches, and the other factors detailed from time to time in the reports Albemarle files with the SEC, including those described under "Risk Factors" in Albemarle's most recent Annual Report on Form 10-K and any subsequently filed Quarterly Reports on Form 10-Q, which are filed with the SEC and available on the investor section of Albemarle's website (investors.albemarle.com) and on the SEC's website at www.sec.gov. These forward-looking statements speak only as of the date of this press release. Albemarle assumes no obligation to provide any revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.
Investor Relations Contact: +1 (980) 308-6194, invest@albemarle.com
Media Contact: +1 (980) 308-6310, media@albemarle.com