J. Kent Masters serves as the CEO and Chairman of Albemarle Corporation, a prominent leader in the chemical industry. Educated at Harvard Business School with an MBA and holding a Bachelor's in Chemical Engineering from the University of Michigan, he...
J. Kent Masters serves as the CEO and Chairman of Albemarle Corporation, a prominent leader in the chemical industry. Educated at Harvard Business School with an MBA and holding a Bachelor's in Chemical Engineering from the University of Michigan, he brings significant expertise to the table. Masters took the reins at Albemarle in April 2016 and has since steered the company through various market challenges, focusing on performance-based metrics that align with shareholders' interests. In 2023, he signed a new employment agreement which extends his role until 2025, with a base salary of $1.4 million and a potential bonus based on the company’s performance. This year, he was awarded 10,020 restricted stock units, showing commitment to long-term growth. On the insider trading front, he has made substantial moves, selling stock worth over $9 million just last year. His leadership has led to a substantial performance-based compensation strategy, showcasing a firm belief in driving company value through measurable results and financial stability. Outside of work, he has dedicated efforts to health and welfare benefits for employees, ensuring a holistic approach to corporate culture that values personal development alongside business growth.