Who is Albemarle's newly appointed CEO, and when does the appointment take effect?

Ragnar Udd has been appointed president and CEO of Albemarle Corp., effective February 1, 2027. He will also join the company’s board of directors upon assuming the role.

What leadership transition is occurring with current CEO Kent Masters?

Kent Masters, who has served as Albemarle’s CEO since April 2020, will transition to the role of executive chairman of the board upon Udd’s start date; he will serve in that capacity through the company’s 2027 annual meeting of shareholders, after which his role will be reviewed as part of the board’s annual director nomination process.

Albemarle Appoints New CEO After 7 Years

Sep 3, 2026

Albemarle Corp. has appointed Ragnar Udd as its new president and CEO, effective February 1, 2027, succeeding Kent Masters. Udd brings extensive experience from BHP Group in global resources and commercial leadership.

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