Albemarle (NYSE: ALB) taps Max Hood as $400K-a-year accounting chief
Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary
ALBEMARLE CORP (ALB) reported that its Board of Directors appointed Max W. Hood as Chief Accounting Officer, effective August 24, 2026. Upon appointment he will serve as the company’s principal accounting officer.
Hood, age 47, previously served as co-Chief <a href="https://bitcomme.com/ubiquiti-inc-reports-fourth-quarter-fiscal-2026-financial-results/” title=”Ubiquiti Inc. Reports Fourth Quarter Fiscal 2026 Financial Results”>Financial Officer of The ODP Corporation, after earlier roles there as Chief Accounting Officer and Controller and in accounting and treasury. His compensation includes a $400,000 annual base salary, a 2026 target bonus equal to 50% of eligible earnings (prorated for 2026), participation in a long-term incentive plan with a target value of 70% of base salary, and a sign-on grant of restricted stock units valued at $200,000 that vest in three equal annual installments. The company states there are no family relationships, related-party transactions, or special arrangements connected to his appointment.
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