Every 8-K that Albemarle Corporation (ALB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ALB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ALB filings page.
Albemarle Corporation (ALB) announced a CEO succession plan under which Ragnar “Rag” Udd will become President and Chief Executive Officer effective February 1, 2027 or an earlier mutually agreed date, and will join the Board. J. Kent Masters, Jr. will transition from Chairman and CEO to Executive Chair of the Board at that time.
Under an Executive Employment Agreement, Udd will receive a $1,300,000 annual base salary, an annual target bonus equal to 135% of base salary (capped at 200% of target), and a cash sign-on bonus of $1,400,000, payable 50% at commencement and 50% on July 1, 2027, subject to service and certain termination conditions. He will receive make‑whole RSU and PSU awards with an aggregate grant-date target value of $11,000,000, plus 2027 long-term incentive equity awards targeted at $7,500,000, and will participate in the Executive Officer Severance Plan with severance multiples of 2.0x for certain terminations outside a change in control and 3.0x in connection with a change in control, alongside two-year post-employment restrictive covenants.
ALBEMARLE CORP (ALB) reported that its Board of Directors appointed Max W. Hood as Chief Accounting Officer, effective August 24, 2026. Upon appointment he will serve as the company’s principal accounting officer.
Hood, age 47, previously served as co-Chief Financial Officer of The ODP Corporation, after earlier roles there as Chief Accounting Officer and Controller and in accounting and treasury. His compensation includes a $400,000 annual base salary, a 2026 target bonus equal to 50% of eligible earnings (prorated for 2026), participation in a long-term incentive plan with a target value of 70% of base salary, and a sign-on grant of restricted stock units valued at $200,000 that vest in three equal annual installments. The company states there are no family relationships, related-party transactions, or special arrangements connected to his appointment.
Albemarle Corporation reported strong second-quarter 2026 results, with net sales of $1.74 billion and net income attributable to the company of $480 million, as higher lithium pricing and growth in Specialties drove performance. Net sales rose 31% from $1.33 billion, while adjusted EBITDA increased 155% to $858 million and adjusted diluted EPS reached $3.75.
The Energy Storage segment generated net sales of $1.28 billion, up 78%, with adjusted EBITDA of $723 million, up 229%, supported by an 11% volume increase to 65 kT LCE and a 60% rise in average realized lithium price to $19.53/kg LCE. Specialties delivered net sales of $423 million, up 20%, and adjusted EBITDA of $118 million, up 61%, helped by higher bromine volumes and pricing and productivity gains.
Operating cash flow in the quarter was $710 million and free cash flow $638 million; first-half 2026 operating cash flow reached $1.06 billion. As of June 30, 2026, Albemarle had about $3.2 billion of liquidity and a net debt to adjusted EBITDA ratio of 0.5. Management outlined 2026 scenarios tied to lithium prices, with total net sales of $4.1–$7.8 billion and adjusted EBITDA of $0.9–$4.4 billion, raised its Specialties outlook, and reduced expected 2026 capital expenditures to roughly $500 million.
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.
Albemarle Corporation announced a routine leadership change in its finance function. Former Chief Accounting Officer Donald J. LaBauve Jr. retired on June 1, 2026. Executive Vice President and Chief Financial Officer Neal R. Sheorey will serve as interim Principal Accounting Officer effective June 2, 2026, until the board appoints a permanent replacement.
The company states that Mr. Sheorey will not receive any new compensatory arrangements for this interim role. Albemarle also notes there are no family relationships between him and other directors or executive officers and no related-party transactions requiring disclosure under Item 404(a) of Regulation S-K.
Albemarle Corporation held its Annual Meeting of Shareholders on May 5, 2026, where all nominated directors were elected for terms expiring at the 2027 meeting. Shareholders approved, on a non-binding advisory basis, the compensation of the company’s named executive officers and ratified PricewaterhouseCoopers LLP as independent auditor for the year ending December 31, 2026.
Investors also approved the Albemarle Corporation 2026 Incentive Plan, which will govern future equity awards and replaces the 2017 plan. A management proposal to amend the Articles of Incorporation to remove certain supermajority provisions related to affiliated transactions did not receive sufficient support. In addition, shareholders approved a shareholder proposal expanding their ability to call a special meeting.
Albemarle reported sharply stronger results for the first quarter ended March 31, 2026, driven by its Energy Storage business. Net sales rose to $1.43 billion, up 33% year over year, while net income attributable to Albemarle increased to $319 million from $41 million.
Diluted EPS attributable to common shareholders was $2.34, and adjusted diluted EPS was $2.95. Adjusted EBITDA reached $664 million, up 148%, with Energy Storage net sales of $891 million and adjusted EBITDA of $551 million. The company generated $346 million of operating cash flow, delivered $248 million in free cash flow, closed divestitures for $648 million of net cash proceeds, and used these portfolio and cash actions to pay down $1.3 billion of debt. Albemarle ended the quarter with about $2.7 billion in liquidity and reaffirmed 2026 outlook ranges tied to different lithium price scenarios.
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.
Albemarle Corporation entered into a third amendment to its amended and restated credit agreement on March 19, 2026. The amendment extends the facility’s maturity date to at least October 28, 2028, with a possible one-year extension under specified conditions.
The changes also remove a 0.10% interest rate adjustment applied to SOFR-based loans and limit Albemarle’s ability to request maturity extensions from two times to one. Overall, the update reshapes key terms of the company’s core bank credit facility without changing lenders or the administrative agent.
Albemarle Corporation has completed the sale of its 51% ownership interest in Ketjen Corporation to an affiliate of KPS Capital Partners, while retaining a 49% minority stake. Albemarle expects approximately $547 million in cash from the Ketjen sale, including $22 million of cash held by Ketjen.
Combined with the earlier sale of its 50% interest in the Eurecat joint venture to Axens SA, Albemarle’s pre-tax proceeds from the two transactions total about $670 million. The company plans to use these funds for debt reduction, including cash tender offers of up to $500 million for several series of senior notes and the full redemption of $650,000,000 of 4.650% Senior Notes due 2027.
Albemarle Corporation filed an update describing changes to its Board of Directors. Effective February 26, 2026, the Board appointed Michelle T. Collins and Mark R. Widmar as independent directors. Collins joined the Audit & Finance and Governance & Public Policy Committees, while Widmar joined the Executive Compensation & Talent Development and Safety, Sustainability, Operations & Capital Committees.
Under Albemarle’s non-employee director compensation program, each new director will receive an annual cash retainer of $120,000, paid quarterly and prorated for their partial initial term, plus an annual grant of restricted stock valued at $170,000, rounded to the nearest 25 shares and prorated for the partial year. The company states there are no special arrangements behind their selection and no related-party transactions requiring disclosure. A press release dated March 2, 2026, further announcing these appointments is furnished as an exhibit.
Albemarle Corporation reported fourth-quarter 2025 net sales of $1.4 billion, up 16% year over year on 12% higher volumes led by Energy Storage and Ketjen. Despite this growth, it posted a net loss of $414 million, or $(3.87) per diluted share, mainly from tax-related items and asset write-downs tied to the expected Ketjen transaction; adjusted diluted loss per share was $(0.53).
Adjusted EBITDA for the quarter was $269 million, up 7%, driven by stronger pricing and volumes in Energy Storage and Ketjen. For 2025, Albemarle generated $1.3 billion of cash from operations and $692 million of free cash flow, helped by cost and productivity gains and sharply lower capital expenditures of $590 million, down 65%.
The company achieved about $450 million in cost and productivity improvements, sold its 50% stake in the Eurecat joint venture for $123 million in January 2026 and expects to close the sale of a controlling stake in Ketjen in the first quarter of 2026. For 2026, Albemarle outlines lithium price–based scenarios, with total net sales ranging from $4.1–$7.8 billion and adjusted EBITDA from $0.9–$4.4 billion, and plans capital expenditures of $550–$600 million. Year-end 2025 liquidity was about $3.2 billion, including $1.6 billion of cash and total debt of $3.2 billion, for net debt to adjusted EBITDA of roughly 2.0 times.
Albemarle Corporation reported a change in its board leadership. On December 8, 2025, director Dean L. Seavers submitted his resignation from the company’s Board of Directors and from all committees on which he serves, with the resignation to become effective on December 12, 2025. The company stated that his decision to resign is not related to any disagreement regarding Albemarle’s operations, policies, or practices. This indicates a governance change without an identified dispute over the company’s direction or management approach.
Albemarle Corporation furnished an update on its business by issuing a press release reporting results for the third quarter ended September 30, 2025. The release is provided as Exhibit 99.1 to an Item 2.02 current report. The Company will host an analyst and media teleconference on November 6, 2025, with a webcast available at www.albemarle.com. The information in this report, including Exhibit 99.1, is furnished and not deemed filed under the Exchange Act.
Albemarle (ALB) agreed to sell and contribute its Ketjen business into a new structure with KPS affiliates, receiving an estimated $536 million in cash at closing and retaining Rollover Equity initially representing a 49% interest in Holdco. The purchase price framework values the purchased shares at $800.0 million less the value ascribed to the contributed shares, subject to customary closing adjustments. The transaction is expected to close in the first half of 2026, subject to regulatory approvals and other conditions.
Separately, Ketjen agreed to sell its interest in Eurecat S.A. for €105 million (approximately $125 million). Albemarle expects approximately $660 million in aggregate cash proceeds from both transactions, to be used for debt reduction and general corporate purposes. Albemarle also expects a non-cash goodwill impairment charge of $181.5 million in Q3 2025 tied to the Refining Solutions reporting unit.
The agreement includes an Outside Date of April 30, 2026 and a potential $32.5 million termination fee payable to Albemarle by the purchaser under specified circumstances.
Albemarle Corporation announced an organizational change in which Netha N. Johnson, the company's Chief Operations Officer, left effective August 10, 2025, and Mark M. Mummert succeeded her as Chief Operations Officer effective August 11, 2025. Mr. Mummert joined Albemarle in 2019, has led the Energy Storage operating unit and capital projects, and brings prior supply chain and manufacturing experience from FMC, Rohm and Haas, and Dow.
The company disclosed Mr. Mummert's material compensation terms: an annual base salary of $550,000, continued participation in the annual incentive plan at a target of 80% of eligible earnings, a 2026 long-term incentive award with a $1,400,000 target value to be granted in Q1 2026, and standard executive benefits eligibility.