Albemarle names Ragnar Udd CEO starting February 2027, with Kent Masters moving to Executive Chairman.

Albemarle Corporation announced Ragnar Udd will become President and CEO effective February 1, 2027, succeeding Kent Masters who will transition to Executive Chairman. Udd brings over 25 years of global leadership experience in natural resources, currently serving as Chief Commercial Officer at BHP. This leadership change aims to continue Albemarle's growth in energy storage and specialty chemicals, with a smooth transition plan to maintain strategic continuity.