Albemarle Appoints New Chief Operations Officer

An announcement from Albemarle ( (ALB) ) is now available.

On August 11, 2025, Albemarle Corporation announced a change in its organizational structure with the departure of Chief Operations Officer Netha N. Johnson, effective August 10, 2025. Mark M. Mummert, who has been with the company since 2019 and has extensive experience in supply chain and global operations, will succeed Johnson. Mummert’s new role includes an annual base salary of $550,000, participation in the company’s annual incentive plan, and a long-term incentive grant for 2026, reflecting Albemarle’s commitment to strategic leadership and operational excellence.

The most recent analyst rating on (ALB) stock is a Buy with a $140.00 price target. To see the full list of analyst forecasts on Albemarle stock, see the ALB Stock Forecast page.

Spark’s Take on ALB Stock

According to Spark, TipRanks’ AI Analyst, ALB is a Neutral.

Albemarle’s overall stock score is primarily influenced by its financial challenges, including declining sales and profitability, and liquidity concerns. Technical analysis provides mixed signals, while valuation is hindered by a negative P/E ratio. However, the earnings call and corporate events offer some optimism with strategic improvements and leadership stability.

To see Spark’s full report on ALB stock, click here.

More about Albemarle

Albemarle Corporation operates in the specialty chemicals industry, focusing on products such as lithium, bromine, and catalysts, which are essential for various applications including energy storage and electronics.

Average Trading Volume: 4,339,937

Technical Sentiment Signal: Sell

Current Market Cap: $9.5B

Find detailed analytics on ALB stock on TipRanks’ Stock Analysis page.