Albemarle Corporation appointed Ms. Michelle T. Collins and Mr. Mark R. Widmar as independent directors to its Board effective February 26, 2026. Ms. Collins joins the Audit & Finance and Governance & Public Policy Committees, while Mr. Widmar joins the Executive Compensation & Talent Development and Safety, Sustainability, Operations & Capital Committees.
Key takeaways
Board appointed Michelle T. Collins and Mark R. Widmar as independent directors effective February 26, 2026
Collins appointed to Audit & Finance Committee and Governance & Public Policy Committee
Widmar appointed to Executive Compensation & Talent Development Committee and Safety, Sustainability, Operations & Capital Committee
Annual retainer of $120,000 payable quarterly, pro-rated for partial quarter
Annual restricted stock grant of $170,000 at grant date, rounded up to nearest 25-share increment, pro-rated for partial year
No arrangement or understanding pursuant to which they were selected