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 |
Phone | 713 309 7200 |
Web | https://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.Similar Executives
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Management Performance
Return On Equity | 0.16 | |||
Return On Asset | 0.0506 |
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.
Return On Equity | 0.16 | |||
Return On Asset | 0.0506 | |||
Profit Margin | 0.05 % | |||
Operating Margin | 0.08 % | |||
Current Valuation | 36.78 B | |||
Shares Outstanding | 324.76 M | |||
Shares Owned By Insiders | 20.28 % | |||
Shares Owned By Institutions | 73.01 % | |||
Number Of Shares Shorted | 4.69 M | |||
Price To Earning | 6.55 X |
Also Currently Popular
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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.