BATON ROUGE, La., June 4, 2012 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals market, announced today that Amy Motto has been promoted to Vice President, Catalysts, effective June 11, 2012. In her new role, Ms. Motto will lead all aspects of Albemarle's global Catalysts business unit and will be responsible for the business unit's financial performance, as well as developing and implementing its successful long-term strategy.
Since joining Albemarle in 1995, after completing a B.S. in Chemical Engineering at the Georgia Institute of Technology, Amy has had a broad and deep career. In 2005, she moved into a general manager role for single site/metallocene catalysts and promoted to her current role as Division Vice President for Performance Catalysts Solutions (PCS) in 2008. She led the redefinition of the organometallics business into the current PCS division and tripled the operating profit of the division during the past four years.
Luke Kissam, Chief Executive Officer of Albemarle, commented, "Throughout her career, Amy consistently has demonstrated an ability to lead global businesses toward sustainable growth. We are confident in her ability to lead the catalysts organization to the growth necessary to achieve our Vision 2015 goals."
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