Albemarle Names Lorin Crenshaw Director of Investor Relations and Communications

News provided by

Jun 06, 2011, 08:45 ET

BATON ROUGE, La., June 6, 2011 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB) has promoted Lorin Crenshaw to Director of Investor Relations and Communications. In his new role, Mr. Crenshaw is responsible for sharing Albemarle's corporate strategy and business objectives with global stakeholders and the financial community.

(Photo: http://photos.prnewswire.com/prnh/20110606/PH14059 )

(Logo: http://photos.prnewswire.com/prnh/20050801/ALBEMARLELOGO )

Previously a buy-side investment professional, Mr. Crenshaw has over 13 years of experience working with equity and debt investors and analysts. In 2009, Mr. Crenshaw joined Albemarle as Assistant Treasurer where he managed the Company's capital structure and developed effective financial risk management and subsidiary funding strategies. Prior to joining Albemarle, Mr. Crenshaw worked for Rohm & Haas Company as International Treasury Manager and spent the previous 11 years on Wall Street.

A native of Mobile, Alabama, Mr. Crenshaw received a Bachelor of Business Administration in Finance from Florida A&M University and a Master of Business Administration from Columbia University.

Albemarle Senior Vice President and Chief Financial Officer Scott Tozier said, "We welcome Lorin to his new role. Having worked as an investment professional, Lorin brings a unique perspective to our team. This experience coupled with his strong corporate finance background and understanding of our markets will further enhance our relationships with valued stakeholders."

Sandra Rodriguez, Albemarle's former Vice President of Investor Relations and Communications, is now leading the company's Enterprise Risk Management program and will direct the Company's Internal Audit, Sarbanes-Oxley and Insurance functions.

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 and 2011. Albemarle employs approximately 4,000 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