Albemarle Management

Management criteria checks 2/4

Albemarle's CEO is Jerry Masters, appointed in Apr 2020, has a tenure of 4.58 years. total yearly compensation is $14.47M, comprised of 9.2% salary and 90.8% bonuses, including company stock and options. directly owns 0.065% of the company’s shares, worth $8.36M. The average tenure of the management team and the board of directors is 2.6 years and 7 years respectively.

Key information

Jerry Masters

Chief executive officer

US$14.5m

Total compensation

CEO salary percentage	9.2%
CEO tenure	4.6yrs
CEO ownership	0.06%
Management average tenure	2.6yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jerry Masters's remuneration changed compared to Albemarle's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$2b
Jun 30 2024	n/a	n/a	-US$554m
Mar 31 2024	n/a	n/a	US$326m
Dec 31 2023	US$14m	US$1m	US$2b
Sep 30 2023	n/a	n/a	US$3b
Jun 30 2023	n/a	n/a	US$4b
Mar 31 2023	n/a	n/a	US$4b
Dec 31 2022	US$11m	US$1m	US$3b
Sep 30 2022	n/a	n/a	US$2b
Jun 30 2022	n/a	n/a	US$264m
Mar 31 2022	n/a	n/a	US$281m
Dec 31 2021	US$9m	US$1m	US$124m
Sep 30 2021	n/a	n/a	US$212m
Jun 30 2021	n/a	n/a	US$703m
Mar 31 2021	n/a	n/a	US$364m
Dec 31 2020	US$5m	US$667k	US$376m
Sep 30 2020	n/a	n/a	US$382m
Jun 30 2020	n/a	n/a	US$438m
Mar 31 2020	n/a	n/a	US$507m
Dec 31 2019	US$280k	n/a	US$533m
Sep 30 2019	n/a	n/a	US$572m
Jun 30 2019	n/a	n/a	US$547m
Mar 31 2019	n/a	n/a	US$695m
Dec 31 2018	US$269k	n/a	US$694m
Sep 30 2018	n/a	n/a	US$346m
Jun 30 2018	n/a	n/a	US$335m
Mar 31 2018	n/a	n/a	US$135m
Dec 31 2017	US$231k	n/a	US$55m

Compensation vs Market: Jerry's total compensation ($USD14.47M) is above average for companies of similar size in the UK market ($USD5.72M).

Compensation vs Earnings: Jerry's compensation has increased whilst the company is unprofitable.

CEO

Jerry Masters (64 yo)

4.6yrs

Tenure

US$14,472,114

Compensation

Mr. Jerry Kent Masters, Jr., has been Chief Executive Officer and Chairman of Albemarle Corporation since April 20, 2020 and serves as its Director since January 12, 2015. He was President for Albemarle Co...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Jerry Masters	Chairman	4.6yrs	US$14.47m	0.065% $ 8.4m
Neal Sheorey	Executive VP & CFO	less than a year	US$1.09m	0.0011% $ 136.5k
Netha Johnson	Executive VP & COO	no data	US$3.23m	0.027% $ 3.4m
Eric Norris	Executive VP & Chief Commercial Officer	6.8yrs	US$3.45m	0.030% $ 3.8m
Donald LaBauve	Chief Accounting Officer	11.8yrs	US$667.74k	no data
Stacy Grant	Senior VP	less than a year	no data	no data
Cynthia Lima	Senior VP and Chief External Affairs & Communications Officer	less than a year	no data	0.00042% $ 54.1k
Melissa Anderson	Executive VP and Chief People & Transformation Officer	no data	no data	0.0037% $ 477.7k
Brian Tessin	Chief Tax Counsel & VP of Tax	8.2yrs	no data	no data
Glen Merfeld	Chief Technology Officer of Lithium Business	6.6yrs	no data	no data
Mark Mummert	Senior VP	less than a year	no data	0.0033% $ 419.8k
Maria Brennan	Chief Supply Chain Officer	2.6yrs	no data	no data

2.6yrs

Average Tenure

57yo

Average Age

Experienced Management: 0HC7's management team is considered experienced (2.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Jerry Masters	Chairman	9.8yrs	US$14.47m	0.065% $ 8.4m
Mary Brlas	Independent Director	7.4yrs	US$306.95k	0.0086% $ 1.1m
James O'Brien	Lead Independent Director	12.3yrs	US$349.95k	0.0045% $ 583.3k
Gerald Steiner	Independent Director	11.3yrs	US$296.95k	0.0055% $ 712.1k
Glenda Minor	Independent Director	5.3yrs	US$284.95k	0.0050% $ 641.3k
Dean Seavers	Independent Director	6.5yrs	US$296.95k	0.0064% $ 822.8k
Holly Van Deursen	Independent Director	5.3yrs	US$284.95k	0.0014% $ 180.3k
Ralf Cramer	Independent Director	2.8yrs	US$281.95k	0.0027% $ 354.1k
Diarmuid O'Connell	Independent Director	6.5yrs	US$281.95k	0.0063% $ 815.1k
Alejandro Wolff	Independent Director	9.8yrs	US$301.95k	0.0092% $ 1.2m

7.0yrs

Average Tenure

65yo

Average Age

Experienced Board: 0HC7's board of directors are considered experienced (7 years average tenure).

Albemarle Management

Management criteria checks 2/4

Key information

Recent management updates

Albemarle Corporation Announces Executive Changes

Albemarle Corporation, Annual General Meeting, May 07, 2024

Albemarle Corporation Announces the Promotion of Cynthia Lima as Senior Vice President, Chief External Affairs and Communications Officer

Albemarle Corporation Announces CFO Changes, Effective on November 6, 2023

President of Albemarle Energy Storage recently bought US$246k worth of stock

Chairman & CEO recently bought US$994k worth of stock

Recent updates

Third quarter 2024 earnings released: US$9.45 loss per share (vs US$2.58 profit in 3Q 2023)

Second quarter dividend of US$0.41 announced

Albemarle Corporation Announces Executive Changes

Albemarle Corporation to Report Q3, 2024 Results on Nov 06, 2024

Upcoming dividend of US$0.41 per share

New minor risk - Share price stability

Albemarle Reportedly May Look to Offload 49% Stake in Greenbushes Lithium Mine to IGO

Second quarter 2024 earnings released: US$1.96 loss per share (vs US$5.54 profit in 2Q 2023)

First quarter dividend of US$0.41 announced

Albemarle Corporation to Report Q2, 2024 Results on Jul 31, 2024

Upcoming dividend of US$0.40 per share

First quarter dividend of US$0.40 announced

Albemarle Corporation Reaffirms Earnings Guidance for the Year 2024

First quarter 2024 earnings released: US$0.078 loss per share (vs US$10.57 profit in 1Q 2023)

Albemarle Corporation to Report Q1, 2024 Results on May 01, 2024

Albemarle Corporation, Annual General Meeting, May 07, 2024

Upcoming dividend of US$0.40 per share

Investor sentiment improves as stock rises 15%

Fourth quarter dividend of US$0.40 announced

Full year 2023 earnings released: EPS: US$13.41 (vs US$22.97 in FY 2022)

Albemarle Reportedly Selling Out of Liontown

Albemarle Corporation to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.40 per share at 1.4% yield

New minor risk - Share price stability

Albemarle Corporation Announces the Promotion of Cynthia Lima as Senior Vice President, Chief External Affairs and Communications Officer

Third quarter 2023 earnings released: EPS: US$2.58 (vs US$7.66 in 3Q 2022)

Albemarle Corporation Revises Net Sales Guidance for the Full Year 2023

Albemarle Corporation Announces CFO Changes, Effective on November 6, 2023

Investor sentiment deteriorates as stock falls 17%

Albemarle Corporation (NYSE:ALB) completed the acquisition of additional 40% stake in Kemerton Lithium Hydroxide Plant from Mineral Resources Limited (ASX:MIN)

Albemarle Withdraws Non-Binding Offer to Acquire Liontown Resources

Albemarle Corporation to Report Q3, 2023 Results on Nov 01, 2023

Upcoming dividend of US$0.40 per share at 0.8% yield

Albemarle Makes Another Sweetened Bid for Liontown

Albemarle Corporation Revises Earnings Guidance for the Fiscal Year 2023

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: US$5.54 (vs US$3.47 in 2Q 2022)

Albemarle Corporation to Report Q2, 2023 Results on Aug 02, 2023

Albemarle Corporation(NYSE:ALB) dropped from Russell 1000 Growth Index

Upcoming dividend of US$0.40 per share at 0.7% yield

President of Albemarle Energy Storage recently bought US$246k worth of stock

Chairman & CEO recently bought US$994k worth of stock

Albemarle Corporation Revises Earnings Guidance for the Full Year 2023

First quarter 2023 earnings released: EPS: US$10.57 (vs US$2.16 in 1Q 2022)

Investor sentiment deteriorates as stock falls 15%

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of US$0.40 per share at 0.6% yield

Now 24% undervalued after recent price drop

Full year 2022 earnings released: EPS: US$22.97 (vs US$1.07 in FY 2021)

Investor sentiment improves as stock rises 16%

Albemarle Corporation Provides Revenue Guidance for the Fourth Quarter and Full Year Ended December 31, 2022 and Full Year of 2023

Albemarle Corporation to Report Q4, 2022 Results on Feb 15, 2023

Now 20% undervalued after recent price drop

Albemarle Corporation Unveils MercLok™, Innovative Technology for Mercury Remediation

Upcoming dividend of US$0.40 per share

Now 21% undervalued after recent price drop

Insufficient new directors

Albemarle Corporation Appoints Sean O'hollaren as Chief External Affairs Officer

Albemarle Corporation Revises Earnings Guidance for the Year 2022

Albemarle Corporation Revises Earnings Guidance for the Year 2022

Albemarle Corporation Announces Management Changes

Albemarle Corporation Announces Quarterly Dividend, Payable on January 3, 2023

Albemarle Corporation Secures DOE Grant for U.S.-Based Lithium Facility to Support Domestic EV Supply Chain

Albemarle Corporation to Report Q3, 2022 Results on Nov 02, 2022

Albemarle Corporation Announces Executive Appointments

Second quarter 2022 earnings released: EPS: US$3.47 (vs US$3.64 in 2Q 2021)

Albemarle Corporation Revises Earnings Guidance for the Fiscal Year 2022

Insufficient new directors

Albemarle Corporation Declares Quarterly Dividend, Payable on July October 3, 2022