LYONDELLBASELL INDUSTRIES N.V. (NYSE:LYB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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 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 to Item 404(a) of Regulation S-K.

About LYONDELLBASELL INDUSTRIES N.V. (NYSE:LYB)

LyondellBasell Industries N.V. is a global chemical company. The Company’s segments include Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining, and Technology. Its O&P-Americas segment produces and markets olefins, including ethylene and ethylene co-products, and polyolefins. Its O&P-EAI segment produces and markets olefins, including ethylene and ethylene co-products, polyolefins and specialty products, including polybutene-1 and polypropylene compounds. Its I&D segment produces and markets propylene oxide and its co-products and derivatives, acetyls, including methanol, and ethylene oxide and its derivatives. Its Refining segment refines high-sulfur crude oil and other crude oils, including gasoline and distillates. Its Technology segment develops and licenses chemical, polyolefin and other process technologies, and also develops, manufactures and sells polyolefin catalysts.

LYONDELLBASELL INDUSTRIES N.V. (NYSE:LYB) Recent Trading Information

LYONDELLBASELL INDUSTRIES N.V. (NYSE:LYB) closed its last trading session down -1.65 at 87.97 with 2,414,597 shares trading hands.