Albemarle Appoints Karen Narwold As EVP and Chief Administrative Officer

Albemarle Corporation ALB, which is a leader in the global specialty chemicals industry, disclosed that it elevated Karen Narwold to the position of EVP and Chief Administration Officer effective immediately. According to the company, his current position was Senior Vice President, General Counsel, Corporate & Government Affairs and Corporate Secretary. . The company's President and CEO, Luke Kissam, said that "Karen works with tireless pursuit of excellence in all that she does. She shows infallible judgment and analytical and problem-solving skills. Throughout her career, she has proven that even in the most challenging situations, she will succeed and enable the others around her to be successful. I look forward to her contributions in this expanded leadership role." Albemarle said that Narwold joined it in September 2010, as its General Counsel and Corporate Secretary. The company said she assumed increasing responsibilities during her time with the company, including time spent managing Corporate Development and Strategy and Health, Safety and Environmental Management. Narwold has more than two and half decades of legal, management and business experience with global industrial and chemical companies. That included previous positions at GrafTech International Ltd., and Barzel Industries. The stock gained 1.63% on Thursday.