HOUSTON and ROTTERDAM, Netherlands, Oct. 23,
2017 /PRNewswire/ -- LyondellBasell (NYSE:LYB), one of
the largest plastics, chemicals and refining companies in the
world, today announced the appointment of Darleen Caron as executive vice president and
chief human resources officer.
"Darleen's track record of leading global HR functions, combined
with her ability to design and implement strategic programs
enabling business objectives make her a terrific fit for this
role," said Bob Patel, CEO of
LyondellBasell. "As we look to the future, I firmly believe a
world-class HR function is key to strengthening our already
outstanding team around the globe."
Most recently, Ms. Caron was executive vice president of global
human resources for SNC-Lavalin, Inc. Previously, she led HR
functions for the Dow Chemical Company and ABB, and both HR and
environment, safety and health for Alcan.
Ms. Caron holds a BBA from the Université du Québec à Montréal.
She will join the company Monday, Oct. 30,
2017.
About LyondellBasell
LyondellBasell (NYSE: LYB) is one
of the largest plastics, chemicals and refining companies in the
world. Driven by its 13,000 employees around the globe,
LyondellBasell produces materials and products that are key to
advancing solutions to modern challenges like enhancing food safety
through lightweight and flexible packaging, protecting the purity
of water supplies through stronger and more versatile pipes, and
improving the safety, comfort and fuel efficiency of many of the
cars and trucks on the road. LyondellBasell sells products into
approximately 100 countries and is the world's largest licensor of
polyolefin and polypropylene technologies. More information about
LyondellBasell can be found at www.lyondellbasell.com.
FORWARD-LOOKING STATEMENTS
The statements in this
release and the related teleconference relating to matters that are
not historical facts are forward-looking statements. These
forward-looking statements are based upon assumptions of management
which are believed to be reasonable at the time made and are
subject to significant risks and uncertainties. Actual results
could differ materially based on factors including, but not limited
to, the business cyclicality of the chemical, polymers and refining
industries; the availability, cost and price volatility of raw
materials and utilities, particularly the cost of oil, natural gas,
and associated natural gas liquids; competitive product and pricing
pressures; labor conditions; our ability to attract and retain key
personnel; operating interruptions (including leaks, explosions,
fires, weather-related incidents, mechanical failure, unscheduled
downtime, supplier disruptions, labor shortages, strikes, work
stoppages or other labor difficulties, transportation
interruptions, spills and releases and other environmental risks);
the supply/demand balances for our and our joint ventures'
products, and the related effects of industry production capacities
and operating rates; our ability to achieve expected cost savings
and other synergies; our ability to successfully execute projects
and growth strategies; legal and environmental proceedings; tax
rulings, consequences or proceedings; technological developments,
and our ability to develop new products and process technologies;
potential governmental regulatory actions; political unrest and
terrorist acts; risks and uncertainties posed by international
operations, including foreign currency fluctuations; and our
ability to comply with debt covenants and service our
debt. Additional factors that could cause results to differ
materially from those described in the forward-looking statements
can be found in the "Risk Factors" section of our Form 10-K for the
year ended December 31, 2016, which
can be found at www.lyondellbasell.com on the Investor Relations
page and on the Securities and Exchange Commission's website at
www.sec.gov.
INFORMATION RELATED TO FINANCIAL MEASURES
This release
makes reference to certain non-GAAP financial measures as defined
in Regulation G of the U.S. Securities Exchange Act of 1934, as
amended. The non-GAAP measures we have presented include
EBITDA. We report our financial results in accordance with
U.S. generally accepted accounting principles, but believe that
certain non-GAAP financial measures, such as EBITDA, provide useful
supplemental information to investors regarding the underlying
business trends and performance of the company's ongoing operations
and are useful for period-over-period comparisons of such
operations. EBITDA, as presented herein, may not be comparable to a
similarly titled measure reported by other companies due to
differences in the way the measure is calculated. We calculate
EBITDA as income from continuing operations plus interest expense
(net), provision for (benefit from) income taxes, and depreciation
& amortization. Non-GAAP financial measures should be
considered as a supplement to, and not as a substitute for, or
superior to, the financial measures prepared in accordance with
GAAP. This release contains time sensitive information that is
accurate only as of the time hereof. Information contained in this
release is unaudited and subject to change. LyondellBasell
undertakes no obligation to update the information presented herein
except to the extent required by law.
View original content with
multimedia:http://www.prnewswire.com/news-releases/darleen-caron-named-executive-vice-president-and-chief-human-resources-officer-of-lyondellbasell-300541396.html
SOURCE LyondellBasell