Form 8-K · Current report
Albemarle Corporation 8-K, filed Aug 21, 2026
- Filed
- CIK
- 0000915913
- Accession no.
- 0000915913-26-000107
Summary
Albemarle Corporation's board of directors appointed Max W. Hood as the company's Chief Accounting Officer and principal accounting officer, effective August 24, 2026. Hood, 47, most recently served as co-Chief Financial Officer of The ODP Corporation and previously held finance and accounting roles at General Electric and Deloitte.
Key points
- Hood's annual base salary will be $400,000, with a 2026 target bonus of 50% of eligible earnings prorated for months employed and a long-term incentive target of 70% of base salary.
- Hood will receive a sign-on restricted stock unit grant valued at $200,000 at grant, vesting in three equal annual increments.
- Hood joined ODP in 2018 and became its co-Chief Financial Officer in December 2024.
- The filing states there are no family relationships or related-party transactions involving Hood requiring disclosure, and no arrangements or understandings with other persons underlying the appointment.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
From the filing
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 19, 2026, the Board of Directors of Albemarle Corporation (the “Company”) appointed Max W. Hood as the Company’s Chief Accounting Officer, effective August 24, 2026. Upon appointment, Mr. Hood will assume the role of the Company’s principal accounting officer. Mr. Hood, age 47, most recently served as co-Chief Financial Officer of The ODP Corporation (“ODP”), a publicly traded provider of business services and workplace products and solutions. Mr. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.