BNET Industries

Albemarle Corp.

(ALB) is in the Manufacturing Industry

Market Cap:$3.3B
Last Fiscal Year Sales:$2.4B
  • Public
  • US
Dow Jones Description

Highly-Engineered Specialty Chemicals & Services Developer, Mfr & Marketer

Chairman, President & CEO
Mark Rohr
Number of Employees 4,100
Contact Information

Baton Rouge Twr 451 Florida St

Baton Rouge, Louisiana 70801

www.albemarle.c...

(225) 388-8011

NAICS Code Plastics Material and Resin Manufacturing: 325211

Recent Events

  • V.F.Corp, Plum Creek Timber Net Falls

    10/27/09 - Financial Announcement - View Story

  • Albemarle Appoints Barry Perry To Board - Quick Facts

    10/20/09 - Board Member - Entering - View Story

  • Albemarle's New Ketjenfine 868 Nickel-Molybdenum Catalyst Enhances Hydrocracking Performance

    10/15/09 - Product Announcement - View Story

  • Albemarle Corp board reports dividend of USD0.125 per share

    10/15/09 - Stock Split / Dividend - View Story

  • Albemarle's New KetjenfineR 868 Nickel-Molybdenum Catalyst Enhances Hydrocracking Performance

    10/08/09 - Product Announcement - View Story

  • Albemarle's Tina Craft Appointed to Association of Water Technologies AWT Board of Directors ; Industrial...

    9/16/09 - Mgmt. Change Entering - Manager - View Story

  • Official sees recovery in specialty chemicals industry

    9/10/09 - Bond / Stock Rating - View Story

  • Goodyear reports $221 million loss

    7/30/09 - Stock Split / Dividend - View Story

  • Albemarle Reports Second Quarter 2009 Results

    7/25/09 - Financial Announcement - View Story

News & Analysis

albemarle corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
David Clary Vice President & Chief Sustainability Officer
John Steitz COO & Executive Vice President
Paul Rocheleau CFO & Senior Vice President
Richard G. Fishman Treasurer & Chief Tax Counsel & Vice President
Richard J. Diemer Cfo & Senior Vice President
Luther Kissam General Counsel, Secretary & Senior Vice President
Anthony S. Parnell Vice President, Global Sales, Operations Planning
Darian K. Rich Vice President, HR
John Nicols Vice President, Catalysts
Luc Muylem Vice President, Polymer Additives
Luc Van Muylem Vice President, Polymer Additives
Milan Shah Vice President, Business Dev
Niomi Krzystowczyk Vice President, Health, Safety & Environ
Ronald R. Gardner Vice President & Fine Chemicals
Ronald Zumstein Vice President, Health, Safety & Environment
William H. Dumas Vice President, Purchasing & Logistics
Sandra Rodriguez Director, IR
Carson Greer Manager, Corp Communications
Geoffrey C. Stanford Controller
Burton M. Tansky
C. Kevin Wilson Treasurer
David A. Barr
Nicole C. Daniel Assistant Secretary & Assistant General Counsel
Stephanie Dixon Media Coordinator

Board of Directors

Name (plus bio) Position
Mark Rohr Chairman, President & CEO
Anne M. Whittemore Board of Directors
Charles E. Stewart Board of Directors
Harriett Tee Taggart Board of Directors
J. Alfred Broaddus Board of Directors
Jim W. Nokes Board of Directors
John Sherman Board of Directors
Lloyd B. Andrew Board of Directors
R. William Ide Board of Directors
Richard L. Morrill Board of Directors
William B. Allen Board of Directors
William M. Gottwald Vice Chairman

Mark C. Rohr is chairman, president and chief executive officer of Albemarle Corporation, a leading global developer, manufacturer and marketer of highly engineered specialty chemicals for a wide range of industries. Upon joining Albemarle in April 1999, Mr. Rohr was elected executive vice president of operations, with responsibility for the company’s Polymer and Fine Chemical global business units, global sales, marketing, and information resources. He was named president and chief operating officer in January 2000 and was elected to the company's board of directors in March 2001. In October 2002, he was named president and chief executive officer and, in August 2008, Mr. Rohr was appointed as chairman of the company's board. Under Mr. Rohr's leadership, Albemarle has substantially expanded its geographical footprint, diversified its product lines, and significantly increased shareholder return. Along with other strategic acquisitions, the company profitably integrated the Akzo Nobel refinery catalysts business, a move that has positioned Albemarle as a leading participant in the clean energy marketplace. The company has also expanded into new global markets including China and the Middle East through wholly-owned manufacturing/technical facilities and joint ventures. Since 2002, Albemarle has increased net sales from $1.0 billion to $2.3 billion; grown diluted earnings per share from $0.85 in 2002 to $2.36 in 2007; and declared annual dividends from $0.27 per share in 2002 to an annualized rate of $0.48 per share in 2008. Prior to joining Albemarle, Mr. Rohr was senior vice president for the Specialty Chemicals group of Occidental Chemical Corporation in Dallas, Texas, where he was responsible for a diverse portfolio of businesses. He has over 20 years of experience in the chemical industry, including assignments at Cain Chemical, Corpus Christi Petrochemical Company and Dow Chemical, with international experience in Asia, Latin America, and Europe. He currently serves on the Board of Directors of Celanese Inc. A native of Kentucky, Mr. Rohr received B.S. degrees in chemistry and chemical engineering from Mississippi State University in 1975 and 1977, respectively. He also completed the Executive M.B.A. Program at Northeastern University in Boston, Massachusetts, in 1989.

Organization Position Status
Albemarle Corporation Chairman, President & CEO Current
Sunett Board of Directors Current
Celvol Board of Directors Current
Celanese Chemicals, Inc. Board of Directors Current
Vinamul Polymers Board of Directors Current
Sorbates Board of Directors Current
Albemarle Corporation Board of Directors Current
Premiol Board of Directors Current
Connect Celanese Board of Directors Current
Celanese Corporation Board of Directors Current
At Plastics Inc Board of Directors Current
Ashland, Inc. Board of Directors Current
Sunett Member Current
Occidental Chemical Corporation Senior Vice President, Specialty Chemicals Former

Dr. David W. Clary serves as Vice President and Chief Sustainability Officer of Albemarle Corporation. In this role, Dr. Clary oversees the company's technology groups to accelerate the creation and commercialization of socially and environmentally sound products. He manages all aspects of Albemarle's global advocacy efforts to raise awareness of the safety and performance of the company's existing products, and also ensure that future products meet or surpass societal criteria. With over twenty years experience in process technology, research and development, and business management, Dr. Clary most recently served as Division Vice President of Albemarle’s Fine Chemistry Services group.

Organization Position Status
Albemarle Corporation Vice President & Chief Sustainability Officer Current

John M. Steitz was elected Executive Vice President and Chief Operating Officer of the Company, effective April 2007. Mr. Steitz is an industry veteran with nearly thirty years of experience in business management and administration activities. He joined Albemarle in July 2000 and has served in various roles of increasing responsibility during his tenure with the Company. Most recently, Mr. Steitz served as Senior Vice President, Business Operations, a role he assumed in October 2002. From July 2000 until October 2002, Mr. Steitz was Vice President of the Company's Fine Chemicals segment. Prior to joining Albemarle, he served as Vice President and General Manager of Pharmaceutical Chemicals for Mallinckrodt, Incorporated, a global provider of specialty healthcare products and a business unit of Tyco Healthcare.

Organization Position Status
Albemarle Corporation COO & Executive Vice President Current
Albemarle Corporation Senior Vice President, Business Operations Former

Organization Position Status
Albemarle Corporation CFO & Senior Vice President Current
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Treasurer & Chief Tax Counsel & Vice President Current

Richard J. Diemer, Jr., joined our company and was elected Senior Vice President and CFO effective September 1, 2005. Before joining our company, Mr. Diemer a former partner with KPMG, served as Honeywell International’s (and predecessor Allied-Signal Inc.) corporate controller, vice president and chief financial officer of its Specialty Materials business group and most recently as senior portfolio manager – equities.

Organization Position Status
Albemarle Corporation Cfo & Senior Vice President Current

Luther C. Kissam, IV (“Luke”) serves as Executive Vice President of Albemarle where he oversees all aspects of the company’s manufacturing, legal and administrative business matters. Mr. Kissam was named Executive Vice President in May 2009. Previously, he served as Senior Vice President, Manufacturing and Law, and Corporate Secretary of Albemarle Corporation since March 2008. Mr. Kissam joined Albemarle and was elected Vice President, General Counsel and Secretary on September 30, 2003. Prior to joining Albemarle, Mr. Kissam served as Vice President, General Counsel and Secretary of Merisant Company and as Associate General Counsel of Monsanto Company. Mr. Kissam graduated summa cum laude with a Bachelor’s degree in English from The Citadel in 1986 and graduated magna cum laude from the University of South Carolina School of Law in 1989.

Organization Position Status
Albemarle Corporation General Counsel, Secretary & Senior Vice President Current

Organization Position Status
Albemarle Corporation Vice President, Global Sales, Operations Planning Current

Organization Position Status
Albemarle Corporation Vice President, HR Current

Organization Position Status
Albemarle Corporation Vice President, Catalysts Current

Organization Position Status
Albemarle Corporation Vice President, Polymer Additives Current

Organization Position Status
Albemarle Corporation Vice President, Polymer Additives Current

Organization Position Status
Albemarle Corporation Vice President, Business Dev Current

Dr. Niomi Krzystowczyk was promoted to Vice President of Albemarle’s Health, Safety and Environment division in March 2008. Dr. Krzystowczyk joined our company in 1991. Previously, Dr. Krzystowczyk served as Director of Corporate Product Stewardship, Corporate Risk Management and Sustainability for Albemarle’s HS&E division.

Organization Position Status
Albemarle Corporation Vice President, Health, Safety & Environ Current

Organization Position Status
Albemarle Corporation Vice President & Fine Chemicals Current

Organization Position Status
Albemarle Corporation Vice President, Health, Safety & Environment Current

Organization Position Status
Albemarle Corporation Vice President, Purchasing & Logistics Current

Organization Position Status
Albemarle Corporation Director, IR Current
Albemarle Corporation Ir Coordinator Former

Organization Position Status
Albemarle Corporation Manager, Corp Communications Current

Organization Position Status
Albemarle Corporation Controller Current

Organization Position Status
International Flavors & Fragrances, Inc. President and Chief Executive Officer Current
The Neiman Marcus Group, Inc. Chief Executive Officer Current
Albemarle Corporation Current
National Retail Federation Board of Directors Current
International Flavors & Fragrances, Inc. Board of Directors Current
The Neiman Marcus Group, Inc. Director Current
Neiman Marcus Stores Chief Executive Officer Former
Bergdorf Goodman, Inc. Chief Executive Officer Former
The Neiman Marcus Group, Inc. President Former
Neiman Marcus Stores President Former
The Neiman Marcus Group, Inc. Coo Former
Neiman Marcus Stores Chief Operating Officer Former
Neiman Marcus Stores Executive Vice President Former
The Neiman Marcus Group, Inc. NA Former
Bergdorf Goodman, Inc. Chairman Former
Neiman Marcus Stores Chairman Former
University of Pittsburgh Graduate Former

Organization Position Status
Albemarle Corporation Treasurer Current
Albemarle Corporation Treasurer Former

Organization Position Status
Warburg Pincus, LLC Managing Director, Consumer & Indus Current
Warburg Pincus, LLC General Partner Current
Albemarle Corporation Current
Builders Firstsource, Inc. Board of Directors Current
The Neiman Marcus Group, Inc. Board of Directors Current
Wellman, Inc. Board of Directors Current
Polypore International, Inc. Director Current
Butler Capital Corporation Managing Director Former
The Goldman Sachs Group, Inc. Team Member Former
Goldman, Sachs & Co. Former
TransDigm Holding Co. Board of Directors Former
Harvard Business School M.B.A Former
Wesleyan University B.A. In Economics Former

Organization Position Status
Albemarle Corporation Assistant Secretary & Assistant General Counsel Current

Organization Position Status
Albemarle Corporation Media Coordinator Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current

Organization Position Status
Albemarle Corporation Board of Directors Current
Albemarle Corporation Cfo, Catalysts Segment Former
Albemarle Corporation Controller Former

William M. Gottwald was elected Vice Chairman of our Board of Directors effective August 1, 2008. Dr. Gottwald previously served as Chairman of the Board since 2001. Prior to becoming Chairman, he served as Vice President—Corporate Strategy of our company since 1996. Dr. Gottwald joined our company in 1996 after being associated with Ethyl Corporation (provider of value-added manufacturing and supply solutions to the chemical industry and subsidiary of NewMarket Corporation) for 15 years in several assignments, including Senior Vice President and President of Whitby, Inc., an Ethyl subsidiary. Dr. Gottwald has been a member of our board of directors since 1999. He is also a director of Tredegar Corporation.

Organization Position Status
Albemarle Corporation Vice Chairman Current
Tredegar Corporation Board of Directors Current
Ethyl Corporation Associate Former
Tredegar Corporation Chairman Former
Tredegar Corporation Vice Chairman of the Board of Tredegar, and Chairman of the Board of Directors of Albemarle Former
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     ALB $36.64 +0.54 (1.50% )
Average Volume 631,116
Shares Outstanding 91.68M
Market Cap 3.4B
Year High 36.37
Year Low 15.54
Earnings Per Share 1.42
P/E Ratio 25.80
Dividend 0.50
Yield 1.36
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