#United States #Charlotte #Albemarle #Michelle Collins #Mark Widmar

Albemarle Corporation Enhances Its Board of Directors

Albemarle Corporation, a leader in essential elements for mobility, energy, connectivity, and health, recently announced the appointment of two seasoned professionals, Michelle T. Collins and Mark R. Widmar, to its Board of Directors. This strategic addition, effective February 26, 2026, highlights the company’s commitment to robust corporate governance and effective oversight.

Profile of New Board Members

Michelle T. Collins

Collins joins the Board with an extensive background, spanning over four decades in audit and advisory roles. Having previously served as the Vice Chair and Senior Audit Partner at Deloitte Touche LLP, she provided valuable services to significant global clients until her retirement. Collins also held a six-year tenure on Deloitte’s U.S. Board of Directors, where she chaired the Finance and Audit Committee, two powerful posts demonstrating her leadership in financial stewardship.

Kent Masters, Albemarle’s Chairman and CEO, expressed confidence in Collins's ability to significantly contribute to the Board. He stated, "Michelle will bring a wealth of leadership experience to the Board, honed over decades of service in audit and advisory roles. Her expertise in financial reporting, governance, and risk management will be a valuable asset to our Board and our shareholders."

Mark R. Widmar

Widmar is well-known for his extensive executive experience, particularly in the renewable energy sector. Since 2016, he has been the CEO of First Solar, where he has earned a reputation for operational excellence and strategic leadership. His previous roles include the company’s Chief Financial Officer and Chief Accounting Officer, as well as financial leadership positions at GrafTech International Ltd and NCR Inc.

Masters praised Widmar's multifaceted experience, saying, "Through his experience as both a CEO and CFO, Mark will bring significant public company management experience to the Board. His rich knowledge in global supply chains and government affairs will further enhance our strategic direction."

The Importance of These Appointments

The joining of Collins and Widmar to the Board is not merely a reflection of Albemarle’s succession planning but also a significant move towards reinforcing its commitment to sustainable and effective corporate governance. The Board is dedicated to maintaining high standards and ensuring adequate oversight, driven by the goal of delivering long-term value for all stakeholders.

These appointments signify a proactive approach by Albemarle to fortify its leadership team and diversify its expertise, ensuring that the company is well-positioned to navigate future challenges and opportunities in a dynamic market.

About Albemarle Corporation

Albemarle Corporation stands at the forefront of sustainability and innovation, focusing on transforming essential resources into critical ingredients for multiple industries. By leading with a commitment to develop solutions that consider both people and the planet, Albemarle aims to create a resilient future. For more information, their corporate initiatives, and updates, visit Albemarle.com.

The company actively works on developing a reliable global supply chain for lithium and bromine, key components in several modern technologies, including electric vehicles and renewable energy solutions.

In conclusion, with the backdrop of these significant appointments, Albemarle is poised to enhance its strategic vision while reinforcing its operational capabilities and commitment to the communities it serves.