Profitelligence Profitelligence · Filing Ledger Open LYB research →

Form 8-K · Current Report · Filed 2024-02-20

LyondellBasell Announces Executive Leadership Changes

LyondellBasell Industries N.V. announced on February 15, 2024, the resignation of Kenneth Lane, Executive Vice President of Olefins and Polyolefins (O&P) and Global Procurement, effective March 15, 2024. The company also announced the appointments of Kimberly Foley as Executive Vice President, Global O&P, Refining and Supply Chain, and Aaron Ledet as Executive Vice President, Intermediates & Derivatives, both effective March 1, 2024. These changes were further detailed in a press release on February 19, 2024.

Filer
LyondellBasell Industries N.V. LYB · NYSE
Filed
Accession
0001489393-24-000007
CIK
0001489393
Signal
High impactBasic Materials

Items reported

Item 5.02

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

Executive Compensation Detail Key Executive Departure
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$97.70

Next session

-0.3%

Since filing

-36.5%

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:

Exhibits (1)

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.

Exchange NYSE Industry Specialty Chemicals Company website ↗

Never miss another LYB filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts