Eric Norris - Albemarle Corp President - Lithium Global Business Unit

ALB Stock  USD 77.03  2.46  3.09%   

President

Mr. Eric W. Norris is Chief Strategy Officer of the Company. Norris joins Albemarle as a seasoned executive with over 20 years of diverse experience in corporate development and business leadership. Prior to joining Albemarle, he served in several roles with FMC Corporation over a 15year period. Most recently, he served as president, FMC Health and Nutrition, where he was responsible for leading a segment with over 750 million of revenue, 13 standalone plants and 12 globally dispersed RD centers, and over 1, 000 employees. Prior to taking on that role, Norris served for five years in FMCs Lithium segment, first as global commercial director before moving up to vice president and global business director. Other roles at FMC included director, Corporationrationrate Development, and in its BioPolymer segment, director, Healthcare Ventures. since 2018.
Age 58
Tenure 7 years
Address 4250 Congress Street, Charlotte, NC, United States, 28209
Phone980 299 5700
Webhttps://www.albemarle.com

Albemarle Corp Management Efficiency

The company has Return on Asset of (0.0214) % which means that on every $100 spent on assets, it lost $0.0214. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.1143) %, meaning that it generated no profit with money invested by stockholders. Albemarle Corp's management efficiency ratios could be used to measure how well Albemarle Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to -0.08. The current year's Return On Capital Employed is expected to grow to -0.12. At present, Albemarle Corp's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 13.4 B, whereas Other Current Assets are forecasted to decline to about 77.8 M.
Albemarle Corp has 2.25 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Albemarle Corp has a current ratio of 1.7, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Albemarle to invest in growth at high rates of return.

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Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. Albemarle Corporation was founded in 1887 and is headquartered in Charlotte, North Carolina. Albemarle Corp operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 6000 people. Albemarle Corp (ALB) is traded on New York Stock Exchange in USA. It is located in 4250 Congress Street, Charlotte, NC, United States, 28209 and employs 8,300 people. Albemarle Corp is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Albemarle Corp Leadership Team

Elected by the shareholders, the Albemarle Corp's board of directors comprises two types of representatives: Albemarle Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Albemarle. The board's role is to monitor Albemarle Corp's management team and ensure that shareholders' interests are well served. Albemarle Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Albemarle Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kristin Esq, Executive President
Ahmad Khalifeh, Managing Office
Amy Dunbar, VP Treasurer
Mary Brlas, Independent Director
DeeAnne Marlow, Chief Human Resource Officer, Senior Vice President
Brian Tessin, Chief Tax
Melissa Anderson, Chief Human Resource Officer, Senior Vice President
Holly Deursen, Independent Director
Cynthia Lima, Senior Officer
Alejandro Wolff, Independent Director
Eric Norris, President - Lithium Global Business Unit
Dean Seavers, Independent Director
David Ryan, Vice President - Corporate Strategy and Investor Relations
Scott Tozier, Chief Financial Officer, Executive Vice President
Diarmuid OConnell, Independent Director
Neal Sheorey, Executive CFO
Jerry Masters, Chairman of the Board, President, Chief Executive Officer
Ralf Cramer, Independent Director
Donald LaBauve, Chief Accounting Officer, Vice President, Corporate Controller
Mark Mummert, Resources Capital
Stacy Grant, Chief Counsel
Glen Merfeld, Chief Business
Netha Johnson, President - Bromine Specialties Global Business Unit
Karen Narwold, Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary
Maria Brennan, Chief Officer
Meredith Bandy, Vice President - Investor Relations and Sustainability
Jacobus Fourie, Chief Officer
James OBrien, Lead Independent Director
Raphael Crawford, President - Catalysts Global Business Unit
Karen Esq, Chief VP
John III, Corporate VP
John Barichivich, Chief Accounting Officer, Vice President, Corporate Controller
Gerald Steiner, Independent Director
Patrick Thompson, Chief Officer
Glenda Minor, Independent Director
Michael Simmons, President Unit

Albemarle Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Albemarle Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Albemarle Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albemarle Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albemarle Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albemarle Corp Stock:
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Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Dividend Share
1.61
Earnings Share
(11.20)
Revenue Per Share
45.76
Quarterly Revenue Growth
(0.48)
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albemarle Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.