Albemarle announced changes to its organizational structure on August 11, 2025, resulting in Netha N. Johnson, Chief Operations Officer, leaving the Company effective August 10, 2025.

1. 01

   Albemarle announced changes to its organizational structure on August 11, 2025, resulting in Netha N. Johnson, Chief Operations Officer, leaving the Company effective August 10, 2025.

2. 02

   The company said Mark M. Mummert, age 57, will succeed Johnson as Chief Operations Officer. He has served as Senior Vice President and Chief Capital, Resources and Integrated Supply Chain Officer since November 2024.

3. 03

   Albemarle said Mummert served as Chief Operating Officer for the Energy Storage business from 2019 until May 2024. Before joining the Company, he held progressive leadership roles in supply chain and global operations at FMC Corporation and served in various manufacturing and engineering roles at Rohm and Haas Company for 20 years.

4. 04

   The company said Mummert's annual base salary, effective August 11, 2025, is $550,000, his annual incentive plan target is 80% of eligible earnings, and his long-term incentive grant for 2026 has a total target value of $1,400,000.

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