LyondellBasell Files 8K - Changes Executive Management

LyondellBasell Industries N.V. (LYB) filed a Form 8K - Changes in Company Executive Management - with the U.S Securities and Exchange Commission on December 07, 2016.

Appointment of Certain Officers

On December 7, 2016, LyondellBasell Industries N.V. (the "Company") appointed Michael Sumruld as the Company's Chief Accounting Officer, effective as of January 3, 2017. Mr. Sumruld will also serve as the principal accounting officer for the purposes of the Company's filings with Securities and Exchange Commission. As Chief Accounting Officer, Mr. Sumruld will have global responsibility for corporate accounting, financial reporting, and internal controls.

Mr. Sumruld, age 46, most recently worked for Baker Hughes Incorporated, a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry, where from 1998 to 2016 he held a range of financial roles, covering the U.S., Latin America, and the Eastern Hemisphere as well as global financial roles covering several product lines. Mr. Sumruld's most recent roles at Baker Hughes include Vice President and Treasurer from 2013-2016; Vice President Finance Eastern Hemisphere from 2012 2013; and Director Investor Relations 2011. Mr. Sumruld is a certified public accountant and holds a bachelor's degree in accounting from the University of Houston and an MBA from Texas A&M University.

There are no arrangements or understandings between Mr. Sumruld and any other persons pursuant to which he was selected as Chief Accounting Officer. There are also no family relationships between Mr. Sumruld and any director or executive officer of the Company and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

The full text of this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516791925/d309503d8k.htm

Any exhibits and associated documents for this SEC filing can be retrieved at: http://www.sec.gov/Archives/edgar/data/1489393/000119312516791925/0001193125-16-791925-index.htm

Public companies must file a Form 8-K, or current report, with the SEC generally within four days of any event that could materially affect a company's financial position or the value of its shares.

(END) Dow Jones Newswires

December 13, 2016 16:56 ET (21:56 GMT)

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