https://www.miningweekly.com
Africa|Business|Construction|Contractor|Engineering|Health|Industrial|Power|Equipment
Africa|Business|Construction|Contractor|Engineering|Health|Industrial|Power|Equipment
africa|business|construction|contractor|engineering|health|industrial|power|equipment

Masters takes top job at Albemarle

Kent Masters

Kent Masters

21st April 2020

By: Donna Slater

Features Deputy Editor and Chief Photographer

     

Font size: - +

Following the retirement of specialty chemicals company Albemarle’s chairperson, president and CEO Luke Kissam, who had to leave owing to health reasons, the company on Monday appointed, with immediate effect, Kent Masters as new chairperson, president and CEO.

Kissam will stay on through June in an advisory capacity to ensure an orderly leadership transition. In addition, he will fulfil the remainder of his current term as a member of the board and will stand for re-election to the board at the company's annual meeting on May 5.

As part of the transition, current board member James O'Brien has been appointed lead independent director.

O'Brien states that Masters' significant global business experience with specialty chemical and engineering companies, as well as his strong leadership skills, intellect, and character make him ideally suited to execute Albemarle's strategy and deliver long-term benefits for Albemarle’s customers, employees and stakeholders.

Masters joined the Albemarle board of directors in 2015 and was named lead independent director in 2018. Masters was a non-employee director of Rockwood Holdings from 2007 to 2015, when Rockwood was acquired by Albemarle.

In addition, he was the CEO of engineering and construction contractor and power equipment supplier Foster Wheeler, from 2011 to 2015, when Foster Wheeler was acquired by Amec to form Amec Foster Wheeler.

He is also a former member of the executive board of industrial gases manufacturer Linde, with responsibility for the Americas, Africa and the South Pacific.

O'Brien joined the Albemarle board of directors in 2012, and he serves as chairperson of the nominating and governance committee and as a member of the audit and finance committee. O'Brien retired in 2014 from his role as chairperson and CEO of specialty chemicals company Ashland.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
SBS Tanks
SBS Tanks

SBS® Tanks is a leading provider of innovative water security solutions with offices in Southern Africa, East and West Africa, the USA and an...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.122 0.156s - 92pq - 2rq
Subscribe Now