Core Insights - Albemarle Corporation has promoted Ander Krupa to executive vice president, general counsel, corporate secretary, and chief compliance officer, effective immediately [1][2] - Krupa's leadership and legal expertise are expected to enhance Albemarle's governance framework and commitment to ethics and compliance [2] - He has over 15 years of experience in the manufacturing industry and has held various leadership roles within Albemarle since joining in May 2017 [2][4] Company Background - Albemarle Corporation is a global leader in providing essential elements for mobility, energy, connectivity, and health [1][5] - The company specializes in transforming essential resources into critical ingredients, particularly lithium and bromine, to deliver advanced solutions [5] - Albemarle emphasizes its commitment to sustainability and resilience in its operations and partnerships [5] Leadership Transition - Krupa takes over the role following the passing of the former general counsel, Stacy Grant, in April, during which he served as interim general counsel [4] - His previous roles include assistant general counsel for BWX Technologies and The Babcock & Wilcox Company, as well as experience at Greenberg Traurig LLP [3][4]

Core Viewpoint - Albemarle Corporation has published its 2024 Sustainability Report, titled "Values-Led, Purpose-Driven," highlighting the company's achievements in sustainability goals and commitment to creating a resilient world [1][3]. Group 1: Sustainability Initiatives - The company emphasizes that sustainability is foundational to its operations, with a commitment to minimizing environmental footprint and engaging with communities [4]. - Albemarle has made significant progress in reducing its carbon footprint, achieving 24% of total electricity consumption from renewable sources, up from 16% the previous year [7]. - A decarbonization roadmap has been initiated to assess enterprise hot spots and identify intervention approaches, including electrification and renewable energy [7]. Group 2: Water Management - The company is on track to meet its 2030 freshwater intensity target, achieving a 28% reduction in freshwater intensity at its La Negra facility in Chile [7]. - The Jordan Bromine Company joint venture has completed a process upgrade expected to align its freshwater intensity with 2030 targets [7]. Group 3: Product Development and Community Engagement - Albemarle has expanded the development of externally verified Product Carbon Footprints for more bromine and lithium products from the U.S., Jordan, and China [8]. - A human rights assessment was conducted at the Salar de Atacama site in Chile to ensure alignment with global best practices for employee and community rights [9].

Core Points - Albemarle Corp. declared a quarterly common stock dividend of $0.405 per share, marking its 126th consecutive quarterly cash dividend [1] - The annualized dividend rate is $1.62, with payment scheduled for July 1, 2025, to shareholders of record as of June 13, 2025 [1] Company Overview - Albemarle Corp. is a leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health [2] - The company focuses on providing a reliable and high-quality global supply of lithium and bromine to deliver advanced solutions for its customers [2] Investor Information - Albemarle regularly posts information regarding its financial performance, investor presentations, and other relevant updates on its official website [3]