
Management ChangeJun 5, 2026, 04:23 PM
Albemarle Appoints Neal Sheorey Interim Principal Accounting Officer
AI Summary
Albemarle Corporation announced that Donald J. LaBauve Jr., the former Chief Accounting Officer, retired on June 1, 2026. Following his retirement, Neal R. Sheorey, the company's Executive Vice President and Chief Financial Officer, has been appointed as the interim Principal Accounting Officer, effective June 2, 2026. Mr. Sheorey will hold this position until the Board of Directors appoints a permanent replacement, and no new compensatory arrangements are associated with his interim role.
Key Highlights
- Donald J. LaBauve Jr., former Chief Accounting Officer, retired on June 1, 2026.
- Neal R. Sheorey, Executive Vice President and CFO, appointed interim Principal Accounting Officer.
- Mr. Sheorey's interim appointment is effective June 2, 2026.
- He will serve until a permanent replacement is appointed by the Board of Directors.
- No new compensatory arrangements will be entered into with Mr. Sheorey for this interim role.
Price Impact
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