Short answer
Albemarle Corporation (ALB) filed an 8-K current report with the SEC on August 21, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Max W. Hood appointed Chief Accounting Officer and principal accounting officer, effective August 24, 2026.
Albemarle Corporation 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Max W. Hood appointed Chief Accounting Officer and principal accounting officer, effective August 24, 2026
- Former ODP co-CFO, bringing accounting, treasury, tax, audit, strategy, and M&A leadership experience
- Annual base salary $400,000 with 2026 target bonus equal to 50% of eligible earnings
- Long-term incentive target equal to 70% of base salary
- $200,000 restricted-stock-unit sign-on grant, vesting over three years
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