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    Eric Zhang

    Senior Vice President - Application Development Tech Senior Lead Analyst at Citigroup Inc.

    Eric Zhang is a Senior Vice President - Application Development Tech Senior Lead Analyst at Citigroup Inc., specializing in technology-driven banking solutions. In his role, he oversees advanced application development initiatives and leads technical analysis for Citi’s core platforms, although his coverage centers on internal technology projects rather than equity analysis of specific external companies. With over 900 days at Citigroup, Zhang’s career includes a focus on large-scale financial application architecture and team leadership, though no previous firms or external performance metrics are publicly documented. He holds senior technical credentials consistent with his leadership position, though specific securities licenses or FINRA registrations are not indicated in available records.

    Eric Zhang's questions to ALBEMARLE (ALB) leadership

    Eric Zhang's questions to ALBEMARLE (ALB) leadership • Q3 2024

    Question

    Eric Zhang, on for Patrick Cunningham, asked for a walkthrough of the actions taken to reduce 2025 CapEx and inquired if any other assets are being considered for care and maintenance.

    Answer

    CEO Kent Masters detailed that the CapEx reduction involved cutting or tightening growth projects while being more rigorous on maintenance spending, which is targeted at 4-6% of normalized revenue. He confirmed that besides putting Kemerton train 2 into care and maintenance, the company will evaluate other assets across its portfolio, noting that some decisions, like the operating rate at the Wodgina JV, require partner agreement.

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