Board of Directors
Kent Masters
Chairman of the Board
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James J. O'Brien
Lead Independent Director
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Albemarle's Board of Directors are elected by its shareholders to oversee management and to act in the best interests of the company and its shareholders.
Integrity and ethical behavior are core values of Albemarle. The company's Board of Directors, officers and employees reflect these principles in their conduct of the company's business. The Board is responsible to provide the best example of these values and should reinforce their importance at appropriate times.
Chairperson
Member
* Chairman of the Board
** Lead Independent Director
*** As retired CEO, Mr. Kissam is not deemed independent.
Integrity Helpline
Albemarle maintains an Integrity Helpline for confidential reporting of matters related to its Code of Conduct. Reports can be submitted online, by mail, via email or through our global, toll-free phone number. Albemarle values integrity and is committed to the principles in the Code of Conduct.
The Integrity Helpline is operated by Convercent, an independent company, and can be contacted 24 hours a day, 7 days a week, in multiple languages.
DATA PRIVACY
Click here to read Albemarle’s Data Privacy Notice for The Integrity Helpline.
REPORTING ONLINE
Website: IntegrityHelpline.Albemarle.com
Web-based reporting may be submitted confidentially and anonymously to the extent allowed under the law.
Email: Integrity@albemarle.com
REPORTING BY MAIL
You may also mail your questions or concerns. This is another way to remain anonymous.
Chief Compliance Officer
Albemarle Corporation
4250 Congress Street, Suite 900
Charlotte, NC, 28209
BY PHONE
If you would prefer to speak to someone confidentially, call the Integrity Helpline and a Convercent representatives would be happy to assist you. Once a concern is submitted, it will be assigned to a member of the Global Ethics & Compliance team for review. The Helpline will provide you with a unique pin number, allowing you to follow up on your concern by receiving and sending messages in a secure environment.
If calling inside the U.S. call (800) 461-9330.
If you are dialing internationally, visit IntegrityHelpline.Albemarle.com and choose your location to receive the number assigned to your country.
POLITICAL ACTIVITIES
Albemarle is committed to participating constructively in the political process with the ultimate goal of advancing and protecting the best interests of the company and our stockholders and employees.
The political process significantly impacts Albemarle through government policies, legislation and regulatory decisions. Through our participation, we promote legislative and regulatory actions that further Albemarle’s business objectives and work to protect the company from unreasonable, unnecessary or burdensome legislative or regulatory actions at all levels of government. We are fully committed to conducting our political activities in compliance with all applicable campaign finance laws and reporting requirements and in accordance with the Albemarle Corporation Political Contribution Policy.
FEDERAL CONTRIBUTIONS
The Albemarle Corporation Political Action Committee (the “Albemarle PAC”) is registered with the U.S. Federal Election Commission and permitted to make contributions at the Federal level. The Albemarle PAC provides eligible employees with the opportunity to support candidates who have demonstrated support for the principles to which we are dedicated. The political contributions made by the Albemarle PAC are funded entirely by the voluntary contributions from eligible employees. A committee composed of Albemarle’s Chairman, President & Chief Executive Officer; Executive Vice President, Chief Administrative Officer & General Counsel; Executive Vice President & Chief Financial Officer; and other senior officers of Albemarle, with the advice and assistance of Albemarle’s Government Relations Office, is responsible for overseeing the contributions and activities of the Albemarle PAC. We do not make political contributions at the federal level using corporate funds.
STATE AND LOCAL CONTRIBUTIONS
Albemarle’s contributions at the state and local level are
based on advancing the best interests of Albemarle and its stockholders and
employees, including consideration of Albemarle’s interests in a particular
state, legislative activity in that state, Albemarle facilities and employees
in that state and local political factors. Albemarle’s Chairman, President
& Chief Executive Officer; Executive Vice President, Chief Administrative
Officer & General Counsel; Executive Vice President & Chief Financial Officer;
and other senior officers of Albemarle, with the advice and assistance of
Albemarle’s Government Relations Office, are responsible for overseeing
Albemarle’s contributions at the state and local level.
INDEPENDENT EXPENDITURES AND SUPER PACS
Neither Albemarle nor the Albemarle PAC intends to make
“independent expenditures” or contributions to political committees that make
such independent expenditures ("Super PACs") in connection with any federal or
state election. If Albemarle or the Albemarle PAC changes its general
guidelines to allow independent expenditures or contributions to Super PACs, we
expect that any such expenditures or contributions would be disclosed in
Albemarle’s Annual Report setting forth its political contributions.
BOARD OVERSIGHT
Our Health, Safety & Environment Committee is
responsible for overseeing Albemarle’s political contributions. The Health,
Safety & Environment Committee receives periodic updates regarding
Albemarle’s political activities, including corporate contributions and
contributions by the Albemarle PAC.
TRANSPARENCY
Albemarle supports transparency in the political process and has, on an annual basis commencing in 2014, publicly disclosed its corporate political contributions and political contributions by the Albemarle PAC.
POLITICAL PARTICIPATION BY EMPLOYEES
We value the right and responsibility of our employees to
participate in the political process. Such personal participation, however,
must not suggest Albemarle’s support and must not be conducted on company time
or involve the use of Albemarle resources. Albemarle will not require employees
to make personal political expenditures, including contributions to the Albemarle
PAC, or take any retaliatory action against employees who do not.
Political Contribution Policy Summary
Albemarle is committed to achieving the highest standards of legal, honest and ethical conduct. As set forth in our Code of Business Conduct, Albemarle supports and values human rights and strictly prohibits forced labor, human trafficking, and slavery. Training on the content and application of the Code is mandatory for all employees. We take seriously and investigate all potential legal or Code violations.
Recognizing the importance of Albemarle’s suppliers following these shared principles, we have adopted a Supplier Code of Conduct. The Supplier Code of Conduct sets forth the basic principles for supplier conduct when doing business with Albemarle, including requirements that our suppliers comply with laws related to forced labor, human trafficking and slavery. We do not currently plan to require signed certifications from our suppliers.
Albemarle uses procurement staff, not third parties, to evaluate and address risks of forced labor, human trafficking or slavery. Albemarle does not currently use a stringent internal supplier qualification process for new suppliers. If Albemarle becomes aware of credible information about forced labor, human trafficking or slavery by its suppliers or vendors, it will conduct a thorough investigation and/or audit. Noncompliance by such suppliers or vendors may result in termination of such business relationships.
Any concerns about forced labor, human trafficking or slavery may be raised by calling the Albemarle confidential helpline at 1-800-781-6247 (if dialing from outside the U.S., check www.albemarle.com for local access codes) or by making a web submission online at https://www.albintegrity.com.
