On January 3, 2013, Albemarle Corporation accepted the resignation of William B. Allen, Jr., the company's Vice President, Corporate Controller and Chief Accounting Officer. Mr. Allen resigned to pursue other professional interests and will remain with the company until January 18, 2013. Upon Mr. Allen's departure, Scott Tozier, Senior Vice President, Chief Financial Officer and Chief Risk Officer of the company, will assume the duties of principal accounting officer.

Mr. Tozier will perform these duties in addition to his current duties as principal financial officer.