Albemarle Corporation
Albemarle Appoints Two New Independent Directors to Its Board
Summary
On February 26, 2026, Albemarle Corporation announced the appointment of Michelle T. Collins and Mark R. Widmar as independent members of its Board of Directors. Collins, with extensive audit and advisory experience, will serve on the Audit & Finance and Governance & Public Policy Committees. Widmar, a seasoned executive with leadership roles at First Solar and other companies, will join the Executive Compensation & Talent Development and Safety, Sustainability, Operations & Capital Committees. Both appointees will receive an annual retainer of $120,000 and an annual grant of restricted stock valued at $170,000.
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About Albemarle Corporation
Albemarle Corporation is a global leader in the chemical manufacturing industry, specializing in the production of lithium, bromine, and catalysts. As a significant player in the lithium market, Albemarle is integral to the rapidly growing electric vehicle (EV) sector, owing to lithium's essential role in battery production. The company's operations extend across diverse applications, from energy storage solutions to petroleum refining and the pharmaceuticals industry. By providing advanced materials and solutions, Albemarle plays a crucial role in enabling cleaner energy technologies and sustainable industrial practices. Headquartered in Charlotte, North Carolina, Albemarle operates on a global scale, with production facilities and research centers strategically located around the world. The company's commitment to innovation and sustainability ensures its continuous impact on emerging technologies, making it a crucial stakeholder in the transition towards more sustainable energy and advanced industrial processes. Albemarle's market significance is underscored by its strategic partnerships and global supply chains that support some of the most dynamic and essential sectors in today's economy.
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