Kenneth Lane - LyondellBasell Industries CEO

LYB Stock  USD 83.87  1.07  1.29%   

CEO

Mr. Kenneth Lane is Executive Vice President, Global Olefins Polyolefins of the Company. He has worked around the globe and gained valuable experience in all facets of our business including manufacturing, marketing, mergers and acquisitions, profit and loss management and strategy, said Patel. His proven track record in value creation will enable LyondellBasell to further build upon the very solid foundation that is today OP business. Prior to joining LyondellBasell, Lane held a variety of positions with BASF, including president of the Monomers Division and president of BASF Catalysts. Before BASF, Lane also held a number of positions with BP Chemicals. Lane earned a BS in civil engineering from Clemson University and a MS in management from the University of Alabama . since 2021.
Age 55
Tenure 3 years
Address LyondellBasell Tower, Houston, TX, United States, 77010
Phone713 309 7200
Webhttps://www.lyondellbasell.com

LyondellBasell Industries Management Efficiency

The company has Return on Asset of 0.0506 % which means that on every $100 spent on assets, it made $0.0506 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1586 %, implying that it generated $0.1586 on every 100 dollars invested. LyondellBasell Industries' management efficiency ratios could be used to measure how well LyondellBasell Industries manages its routine affairs as well as how well it operates its assets and liabilities. At present, LyondellBasell Industries' Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Equity is forecasted to decline to 0.16. At present, LyondellBasell Industries' Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 1 B, whereas Total Assets are forecasted to decline to about 31.4 B.
LyondellBasell Industries NV has 13 B in debt with debt to equity (D/E) ratio of 1.06, which is OK given its current industry classification. LyondellBasell Industries has a current ratio of 1.59, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for LyondellBasell to invest in growth at high rates of return.

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LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas. LyondellBasell Industries operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 19100 people. LyondellBasell Industries NV (LYB) is traded on New York Stock Exchange in USA. It is located in LyondellBasell Tower, Houston, TX, United States, 77010 and employs 20,000 people. LyondellBasell Industries is listed under Commodity Chemicals category by Fama And French industry classification.

Management Performance

LyondellBasell Industries Leadership Team

Elected by the shareholders, the LyondellBasell Industries' board of directors comprises two types of representatives: LyondellBasell Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LyondellBasell. The board's role is to monitor LyondellBasell Industries' management team and ensure that shareholders' interests are well served. LyondellBasell Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LyondellBasell Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Jagjeet Bindra, Non-Executive Independent Director
Richard Roudeix, Senior Vice President - Olefins & Polyolefins, Europe, Asia and International
David Kinney, IR Contact Officer
Anup Sharma, Senior Vice President - Global Business Services
James Guilfoyle, Executive Vice President - Advanced Polymer Solutions & Global Supply Chain
Jean Gadbois, Senior Vice President - Europe, Asia & International Manufacturing
Daniel Coombs, Executive Vice President - Intermediates and Derivatives and Chain, Procurement and Technology
Jeffrey Kaplan, Executive Vice President and Chief Legal Officer since March
Trisha Conley, Executive Culture
Michael Hanley, Non-Executive Independent Director
Torkel Rhenman, Executive Vice President - Intermediates and Derivatives, and Refining
Albert Manifold, Non-Executive Independent Director
Chukwuemeka Oyolu, Senior Vice President Chief Accounting Officer, Investor Relations
Stephen Cooper, Non-Executive Independent Director
Bhavesh Patel, Chief Executive Officer, Executive Director
Claire Farley, Non-Executive Independent Director
Peter Vanacker, CEO Director
Jacques Aigrain, Non-Executive Independent Chairman of the Board
Nance Dicciani, Non-Executive Independent Director
Jacinth Smiley, Chief Accounting Officer, Principal Accounting Officer
Dale Friedrichs, Senior Vice President of Human Resources and Global Projects
Kathy VanLandingham, Chief Officer
Michael VanDerSnick, Senior Vice President - Americas Manufacturing
Kenneth Lane, Chief Executive Officer, Executive Vice President - Global Olefins & Polyolefins
Lincoln Benet, Non-Executive Independent Director
Robin Buchanan, Non-Executive Independent Director
Michael McMurray, Chief Financial Officer, Executive Vice President
Jeffrey JD, Executive Counsel
James Seward, Senior Vice President - Research & Development, Technology and Sustainability
Isabella Goren, Non-Executive Independent Director
Kim Foley, Senior Vice President - HSE, Global Engineering and Turnarounds

LyondellBasell Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LyondellBasell Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether LyondellBasell Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LyondellBasell Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lyondellbasell Industries Nv Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyondellbasell Industries Nv Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LyondellBasell Industries NV. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
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Is Commodity Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LyondellBasell Industries. If investors know LyondellBasell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LyondellBasell Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.24)
Dividend Share
5.18
Earnings Share
6.59
Revenue Per Share
125.335
Quarterly Revenue Growth
(0.03)
The market value of LyondellBasell Industries is measured differently than its book value, which is the value of LyondellBasell that is recorded on the company's balance sheet. Investors also form their own opinion of LyondellBasell Industries' value that differs from its market value or its book value, called intrinsic value, which is LyondellBasell Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LyondellBasell Industries' market value can be influenced by many factors that don't directly affect LyondellBasell Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LyondellBasell Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LyondellBasell Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LyondellBasell Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.