Form 8-K LyondellBasell Industrie For: Jan 18
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 18, 2017
LYONDELLBASELL INDUSTRIES N.V.
(Exact Name of Registrant as Specified in Charter)
The Netherlands | 001-34726 | 98-0646235 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
1221 McKinney St. Suite 300 Houston, Texas USA 77010 |
4th Floor, One Vine Street London W1J0AH The United Kingdom |
Delftseplein 27E 3013 AA Rotterdam The Netherlands | ||
(Addresses of principal executive offices) |
(713) 309-7200 | +44 (0)207 220 2600 | +31 (0)10 275 5500 | ||
(Registrants telephone numbers, including area codes) |
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 18, 2017, LyondellBasell Industries N.V. (the Company) announced that Kevin W. Brown, Executive Vice President Manufacturing and Refining will be retiring. Mr. Brown also serves as a member of the Management Board of the Company and will be stepping down from that role.
Dan Coombs, currently the Companys Executive Vice President Global Olefins & Polyolefins (O&P) and Technology and member of the Management Board, will become Executive Vice President Manufacturing and Refining, with additional oversight responsibilities for the Companys Technology business and global projects, global engineering services and procurement functions, effective immediately. Paul Augustowski, currently Senior Vice President O&P Americas, will no longer report to Mr. Coombs and will report directly to Bob Patel, the Companys Chief Executive Officer. Similarly, Richard Roudeix, currently Senior Vice President O&P Europe, will report directly to Mr. Patel and not to Mr. Coombs. Mr. Roudeix also will assume responsibility for the Companys O&P businesses throughout the Asia and AFME regions as well as the Companys PP Compounding business. In connection with these responsibilities, Mr. Roudeixs title will change to Senior Vice President O&P EAI.
A copy of the press release announcing these changes is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(d) | Exhibits |
99.1 | Press Release dated January 18, 2017. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
LYONDELLBASELL INDUSTRIES N.V. | ||||||
Date: January 18, 2017 | By: | /s/ Jeffrey Kaplan | ||||
Jeffrey A. Kaplan | ||||||
Executive Vice President |
Item 9.01 Financial Statements and Exhibits
99.1 | Press Release dated January 18, 2017. |
Exhibit 99.1
LyondellBasell announces planned leadership changes
Houston and London January 18, 2017 LyondellBasell (NYSE: LYB), one of the worlds largest plastics, chemical and refining companies today announced a planned executive leadership change.
After seven years with LyondellBasell, Kevin Brown, executive vice president manufacturing and refining and a member of the companys management board, has announced he will be retiring in mid-February.
Kevin will be replaced by Daniel Coombs, who currently serves as the executive vice president global olefins & polyolefins (O&P) and technology and is a member of the companys management board. In addition to manufacturing and refining, in his new role, Mr. Coombs will have additional responsibility for the companys technology business, global projects, global engineering services and procurement functions. Mr. Coombs has more than 38 years of industry experience, including 22 years in manufacturing in the United States and the Middle East as well as major capital project management.
Since joining the company in 2009, Kevin has played a key role in our companys success and development. His work has helped to establish a solid foundation for sustainable performance over the longer term and I want to thank him for his hard work and significant contributions, said Bob Patel, LyondellBasell CEO and chairman of the management board. I am also very pleased that Dan will be taking on this important role. Having a deep bench of quality talent like Dan ensures a seamless transition of responsibilities.
As a result of these changes, Paul Augustowski, currently senior vice president O&P Americas, will no longer report to Mr. Coombs and will report directly to Mr. Patel. Similarly, Richard Roudeix, currently senior vice president O&P Europe, will report directly to Mr. Patel as well. Mr. Roudeix will expand his responsibilities to include the entire O&P Europe, Asia and International segment, which includes joint ventures and related marketing and PP compounding. In connection with these responsibilities, Mr. Roudeixs title will change to senior vice president O&P Europe, Asia and International.
About LyondellBasell:
LyondellBasell (NYSE: LYB) is one of the worlds largest plastics, chemical and refining companies and a member of the S&P 500. LyondellBasell (www.lyb.com) products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive parts, home furnishings, construction materials and biofuels.
Media Contact: Clint Pasche |
+1 713-309-3954 | |
Investor Contact: Douglas J. Pike |
+1 713-309-7141 |
SOURCE: LyondellBasell
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