BATON ROUGE, La., May 13, 2016 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, today announced that current Senior Vice President, General Counsel, Corporate & Government Affairs and Corporate Secretary Karen G. Narwold has been promoted to Executive Vice President and Chief Administrative Officer of the company, effective immediately.
As Chief Administrative Officer, Narwold will lead the company's legal, government and regulatory affairs, IT, communications and human resources groups.
Narwold joined Albemarle in September 2010, as General Counsel and Corporate Secretary and has assumed increasing responsibilities during her time with the company, including time spent managing Corporate Development and Strategy and Health, Safety and Environmental Management. Narwold has over 25 years of legal, management and business experience with global industrial and chemical companies, including previous positions at GrafTech International Ltd., a global graphite and carbon manufacturer and former subsidiary of Union Carbide, and Barzel Industries, a North American steel processor and distributor.
"Karen works with tireless pursuit of excellence in all that she does," said Luke Kissam, president and CEO. "She shows infallible judgment and analytical and problem-solving skills. Throughout her career, she has proven that even in the most challenging situations, she will succeed and enable the others around her to be successful. I look forward to her contributions in this expanded leadership role," Kissam added.
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a premier specialty chemicals company with leading positions in attractive end markets around the world. With a broad customer reach and diverse end markets, Albemarle develops, manufactures and markets technologically advanced and high value added products, including lithium and lithium compounds, bromine and bromine derivatives, catalysts and surface treatment chemistries used in a wide range of applications including consumer electronics, flame retardants, metal processing, plastics, contemporary and alternative transportation vehicles, refining, pharmaceuticals, agriculture, construction and custom chemistry services. Albemarle is focused on delivering differentiated, performance-based technologies that deliver innovative and sustainable solutions to its customers. The Company employs approximately 6,900 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings and other information regarding the Company, its businesses and the markets it serves.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q.
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SOURCE Albemarle Corporation
Albemarle Media Contact: Ashley Mendoza, (225) 388-7137, Ashley.Mendoza@albemarle.com, or Albemarle Investor Relations Contact: Matt Juneau, (225) 388-7940, Matt.Juneau@albemarle.com