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Form 8-K · Current Report · Filed 2025-03-17

LyondellBasell Appoints New Chief Accounting Officer

On March 11, 2025, LyondellBasell Industries N.V.

Filer
LyondellBasell Industries N.V. LYB · NYSE
Filed
Accession
0001104659-25-024409
CIK
0001489393
Signal
Medium impactBasic Materials

Details

announced the resignation of Chukwuemeka (Emeka) A. Oyolu, Senior Vice President and Chief Accounting Officer, effective March 24, 2025. Matthew D. Hayes has been appointed as the new Senior Vice President and Chief Accounting Officer, effective the same date. Mr. Hayes, age 50, brings extensive experience from his prior roles within the company, including Vice President of Financial Planning and Analysis.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CAO Resignation New CAO Appointed

Market reaction

Close before filing

$74.15

Next session

+1.3%

Since filing

-16.3%

Latest close

$62.08

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from LYB reporting the same item, with the next session's move:

About LyondellBasell Industries N.V.

LyondellBasell Industries N.V. operates as a multinational chemical company, actively engaged in the production and sale of chemicals and polymers. Serving as one of the world's largest plastics, chemicals, and refining companies, its primary function is to produce materials that find applications across a wide range of markets, including packaging, electronics, automotive, and construction. The company specializes in the manufacture of olefins and polyolefins, essential components for creating plastics and resins used in everyday items. Additionally, it offers fuel-related products and technologies for refining crude oil, impacting industries reliant on energy and fuel efficiency. Headquartered in Houston, Texas, and Rotterdam, Netherlands, LyondellBasell is recognized for its global footprint and extensive supply chain, underscoring its importance in the global manufacturing landscape. Through its innovative materials and sustainable solutions, the company plays a critical role in enhancing product performance and promoting environmentally-friendly alternatives in modern industrial applications.

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