Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - LyondellBasell Industries N.V. | h85062e8vk.htm |
| EX-10.1 - EX-10.1 - LyondellBasell Industries N.V. | h85062exv10w1.htm |
| EX-10.2 - EX-10.2 - LyondellBasell Industries N.V. | h85062exv10w2.htm |
Exhibit 99.1
| NEWS RELEASE |  |
Media Contact:
|
David A. Harpole +1 713-309-4125 | |
Investor Contact:
|
Douglas J. Pike +1 713-309-7141 |
LyondellBasell
Names Karyn Ovelmen CFO Following Retirement of Kent Potter
ROTTERDAM, Oct. 11, 2011 — LyondellBasell (NYSE: LYB) today announced that Karyn F. Ovelmen has
been appointed Executive Vice President and Chief Financial Officer (CFO) replacing Kent Potter who
has informed the company of his intent to retire.
“Karyn Ovelmen brings a wealth of financial experience in the energy industry from the perspectives
of both the U.S. and Europe and we are please to have her join LyondellBasell,” said Chief
Executive Officer Jim Gallogly.
“I want to express my sincerest gratitude and appreciation to Kent Potter for his role in building
a revitalized LyondellBasell,” Gallogly said. “Kent came out of retirement in 2009 to join
LyondellBasell as CFO and to assist in the company’s reorganization and emergence from bankruptcy
and I thank him for his contributions to this company.” Potter has agreed to stay on with the
company through year end in a transitional role, Gallogly said.
Ovelmen, 48, most recently served as Executive Vice President and CFO of Petroplus Holdings AG,
Europe’s largest independent refiner and wholesaler of petroleum products. She also served as
Executive Vice President and CFO of Argus Atlantic Energy, the predecessor to Petroplus. Prior to
that, she served as Vice President of External Reporting and Investor Relations for The Premcor
Refining Group Inc. Ovelmen also spent 12 years with PricewaterhouseCoopers, primarily in the
energy industry.
Ovelmen received a bachelor of arts degree from the University of Connecticut. She is a Certified
Public Accountant.
# # #
LyondellBasell (NYSE: LYB) is one of the world’s largest plastics, chemical and refining companies.
The company manufactures products at 58 sites in 18 countries. LyondellBasell 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. More information about LyondellBasell can be found at www.lyondellbasell.com.
SOURCE: LyondellBasell Industries
LyondellBasell Industries
www.lyondellbasell.com
www.lyondellbasell.com