ALB
Specialty Chemicals · Basic Materials
CFO
Equibles does not estimate personal net worth.
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Get ALB alertsNeal Sheorey is recorded as CFO at Albemarle Corp (ALB). Albemarle Corp reported in an 8-K filed October 26, 2023 that Neal Sheorey was appointed Executive Vice President and Chief Financial Officer, effective November 6, 2023. Neal Sheorey has spoken on 11 earnings calls across 1 company, most recently for Albemarle Corp on August 6, 2026. Albemarle Corp is classified in the Specialty Chemicals industry within the Basic Materials sector. Other leadership on record at Albemarle Corp includes J. Kent Masters, Jr. (CEO, Chairman and Board Member), Kent Masters (CEO and Board Member), Ragnar Udd (CEO and Board Member) and 7 others.
“Mr. Tozier will be succeeded by Neal Sheorey, age 47, as Executive Vice President and Chief Financial Officer.”
“I'll begin with our second quarter results on slide five. Second quarter net sales were $1.7 billion, driven by energy storage pricing up 73%, while specialties pricing and volumes were up 11% and 8%, respectively.”
“I will begin with first quarter performance on slide 5. First quarter net sales were $1.4 billion, up 33% year-over-year, driven by higher volumes in pricing in both segments.”
“I will begin with our financial results for the fourth quarter as presented on slide six. Net sales for the quarter of $1.4 billion increased from the prior year, primarily driven by higher volumes across all segments, particularly energy storage and Ketchin, which grew 17% and 13% respectively.”
“I will begin with our financial results for the third quarter as presented on Slide 6. Net sales for the quarter totaled $1.3 billion, a decrease from the prior year, primarily driven by lower lithium market prices.”
“I will begin with a review of our second quarter financial performance on Slide 5. We reported second quarter net sales of $1.3 billion, which declined year-over-year, mainly due to lower lithium market pricing.”
ALB
Specialty Chemicals · Basic Materials
CFO