CHARLOTTE, N.C., Oct. 31,
2022 /PRNewswire/ -- Albemarle Corporation (NYSE:
ALB), a leader in the global specialty chemicals industry,
announced today that Karen G.
Narwold, executive vice president, chief administrative
officer, general counsel, and corporate secretary, will retire from
Albemarle effective April 4, 2023. Kristin M.
Coleman will join the company as executive vice president,
general counsel, and corporate secretary on Nov. 28, 2023. Coleman will report to J.
Kent Masters, chairman and CEO.
Narwold's retirement follows nearly 13 years as Albemarle's general counsel and corporate
secretary and a 36-year legal career. She joined Albemarle in 2010 as senior vice president,
general counsel, and corporate secretary. She was appointed to her
current role in 2016.
"Karen has been a resilient executive leader for Albemarle, helping to steer the company
through transformational growth," said Masters. "She reengineered
the legal department and compliance program, established our
external affairs organization, and helped lead the negotiation and
closure of our $6.2 billion
acquisition of Rockwood Holdings in 2015. We thank her for being a
true steward of our values as she helped Albemarle become a stronger company over her
Coleman will join Albemarle
from US Foods, an American foodservice distributor, where she has
served as executive vice president, general counsel, and chief
compliance officer since 2017. Previously, she served as senior
vice president, general counsel, and corporate secretary of Sears
Holdings Corporation and as vice president, general counsel, and
corporate secretary for Brunswick Corporation. Before moving
in-house, she worked in private practice with Sidley Austin
"Kristin's strong experience with public companies in corporate
governance, legal and regulatory risk, and compliance and ethics
should drive long-term value for all Albemarle stakeholders," Masters remarked.
Coleman earned a juris doctorate from the University of Michigan Law School and a bachelor's
degree in history and political science from Duke University. She founded the Chicago General
Counsel Forum and is a member of the Economic Club of Chicago. She serves as a Board Member Emeritus
for the Center for Enriched Living.
Albemarle Corporation (NYSE: ALB) is a global specialty
chemicals company with leading positions in lithium, bromine and
catalysts. We think beyond business as usual to power the potential
of companies in many of the world's largest and most critical
industries, such as energy, electronics, and transportation. We
actively pursue a sustainable approach to managing our diverse
global footprint of world-class resources. In conjunction with our
highly experienced and talented global teams, our deep-seated
values, and our collaborative customer relationships, we create
value-added and performance-based solutions that enable a safer and
more sustainable future.
We regularly post information to www.albemarle.com, including
notification of events, news, financial performance, investor
presentations and webcasts, non-GAAP reconciliations, SEC filings
and other information regarding our company, our businesses, and
the markets we serve.
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SOURCE Albemarle Corporation