Two Albemarle Corp. executives are leaving the company later this year as part of a shift to a new operating structure.
Kristin Coleman is out as the company's executive vice president, general counsel and corporate secretary, Albemarle (NYSE: ALB) said in a filing with the U.S. Securities and Exchange Commission last week. Her last day there will be Nov. 4, according to the filing.
John C. Barichivich III also is out as Albemarle's vice president, corporate controller and chief accounting officer. Barichivich is leaving the company at the end of the year, the SEC filing states.
Albemarle announced its new operating structure last week as part of a review of its costs.
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