BATON ROUGE, La., June 10, 2013 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) announced today that its board of directors has elected Gerald A. Steiner to the board, effective July 1, 2013.
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"Jerry brings a wealth of global business, strategy and corporate affairs experience to an already strong and diverse board of directors," commented Jim W. Nokes, Albemarle's chairman of the board of directors.
"We are excited to have Jerry join the Albemarle team," said Luke Kissam, Albemarle's CEO. "Jerry's twenty-five plus years of experience with Monsanto will serve Albemarle and its shareholders well."
Mr. Steiner is the executive vice president, Sustainability and Corporate Affairs of Monsanto Company. He is also a founder and board member of the Global Harvest Initiative, a public-private initiative whose mission is to sustainably double agricultural production by 2050. Mr. Steiner is a member of the CropLife International Plant Biotechnology Strategy Council and an executive committee member of the Council for Biotechnology Information. He is also a board and executive committee member and serves as chair of the Food and Agriculture Section of the Biotechnology Industry Organization. Mr. Steiner has been a director of The Keystone Center since 2004. Mr. Steiner received a B.S. from the University of Wisconsin and an M.B.A. from Washington University.
About Albemarle
Albemarle Corporation, headquartered in Baton Rouge, Louisiana, is a leading global developer, manufacturer, and marketer of highly-engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. The Company is committed to global sustainability and is advancing its eco-practices and solutions in its three business segments, Polymer Solutions, Catalysts and Fine Chemistry. Corporate Responsibility Magazine selected Albemarle to its prestigious "100 Best Corporate Citizens" list for 2010, 2011 and 2013. Albemarle employs approximately 4,300 people and serves customers in approximately 100 countries. Albemarle regularly posts information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, Regulation G reconciliations, SEC filings, and other information regarding the Company, its businesses and the markets we serve.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Albemarle Corporation's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report on Form 10-K.
SOURCE Albemarle Corporation