Luther Kissam - Albemarle Corp Chairman, President and Chief Executive Officer

ALB
 Stock
  

USD 277.62  3.19  1.14%   

  Chairman
Mr. Luther C. Kissam, IV, is Chairman, President and Chief Executive Officer of the Company. Mr. Kissam was first elected to our Board of Directors effective November 2011. He was elected as Chief Executive Officer effective September 2011 and as our President effective May 2013. Previously, Mr. Kissam served as President from March 2010 until March 2012, Executive Vice President, Manufacturing, Law and HSE from May 2009 until March 2010, and as Senior Vice President, Manufacturing and Law and Corporationrationrate Secretary from January 2008 until May 2009. Mr. Kissam joined us in October 2003 and served as Vice President, General Counsel and Corporationrationrate Secretary from that time until December 2005, when he was promoted to Senior Vice President, General Counsel and Corporationrationrate Secretary. Before joining us, Mr. Kissam served as Vice President, General Counsel and Secretary of Merisant Company, having previously served as Associate General Counsel of Monsanto Company . Mr. Kissam serves on the Advisory Committee of the Specialty Products Division at DowDupont since June 2018.
Age: 54  Chairman Since 2020      
980 299-5700  www.albemarle.com
Kissam’s knowledge of the Company and its operations is invaluable to the Board of Directors in evaluating and governing the Company’s future. Through his prior experience and service to the Company, he has developed extensive knowledge in the areas of leadership, global business, corporate finance, safety, risk oversight, mergers and acquisitions, management and corporate governance, each of which provides great value to the Board of Directors.

Luther Kissam Latest Insider Activity

Tracking and analyzing the buying and selling activities of Luther Kissam against Albemarle Corp stock is an integral part of due diligence when investing in Albemarle Corp. Luther Kissam insider activity provides valuable insight into whether Albemarle Corp is net buyers or sellers over its current business cycle. Note, Albemarle Corp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Albemarle Corp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Albemarle Corp Management Efficiency

Albemarle Corp has Return on Asset of 4.37 % which means that on every $100 spent on asset, it made $4.37 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 6.07 %, implying that it generated $6.07 on every 100 dollars invested. Albemarle Corp management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Investment is expected to grow to 6.50. The current year Return on Average Assets is expected to grow to 0.0123. Albemarle Corp Current Assets are projected to increase significantly based on the last few years of reporting. The past year's Current Assets were at 2.01 Billion. The current year Revenue to Assets is expected to grow to 0.45, whereas Total Assets are forecasted to decline to about 10 B.
The company has 2.64 B in debt with debt to equity (D/E) ratio of 0.44, which is OK given its current industry classification. Albemarle Corp has a current ratio of 1.09, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist Albemarle Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Albemarle Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Albemarle Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Albemarle to invest in growth at high rates of return. When we think about Albemarle Corp's use of debt, we should always consider it together with cash and equity.

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Found 1 records

CHAIRMAN Since

Douglas BakerEcolab Inc
2021
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, Suite 900, Charlotte, NC 28209, United States and employs 6,000 people. Albemarle Corp is listed under Chemicals category by Fama And French industry classification.

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.
Douglas Maine, Independent Director
Mary Brlas, Independent Director
DeeAnne Marlow, Chief Human Resource Officer, Senior Vice President
John Sherman, Independent Director
Melissa Anderson, Chief Human Resource Officer, Senior Vice President
Holly Deursen, Independent Director
Laurie Brlas, Director
Harriett Taggart, Independent Director
Barry Perry, Independent Director
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
Ronald Zumstein, Senior Vice President - Manufacturing, Supply Chain and Process Excellence
Kent Masters, Independent Director
Susan Kelliher, Senior Vice President - Human Resources
Jerry Masters, Chairman of the Board, President, Chief Executive Officer
Ralf Cramer, Independent Director
Donald LaBauve, Chief Accounting Officer, Vice President, Corporate Controller
Glen Merfeld, CTO
James Nokes, Independent Non-Executive Chairman of the Board
Netha Johnson, President - Bromine Specialties Global Business Unit
James Brien, Independent Director
Karen Narwold, Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary
William Hernandez, Independent Director
Meredith Bandy, Vice President - Investor Relations and Sustainability
Luther Kissam, Chairman, President and Chief Executive Officer
James OBrien, Lead Independent Director
Raphael Crawford, President - Catalysts Global Business Unit
John Barichivich, Chief Accounting Officer, Vice President, Corporate Controller
Gerald Steiner, Independent Director
Jimmy Nokes, Independent Non-Executive Chairman of the Board
Glenda Minor, Independent Director
Matthew Juneau, Sr. VP of Corporate Strategy and Investor Relations

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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Albemarle Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Albemarle Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albemarle Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Albemarle Corp

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The ability to find closely correlated positions to Albemarle Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albemarle Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albemarle Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albemarle Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. Note that the Albemarle Corp information on this page should be used as a complementary analysis to other Albemarle Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Albemarle Corp's industry 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 YOY
-0.044
Market Capitalization
33.3 B
Quarterly Revenue Growth YOY
0.91
Return On Assets
0.058
Return On Equity
0.0566
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 Albemarle Corp value 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.