LyondellBasell Reports Officer Changes & Compensation on Feb 15
Ticker: LYB · Form: 8-K · Filed: Feb 20, 2024 · CIK: 1489393
| Field | Detail |
|---|---|
| Company | Lyondellbasell Industries N.V. (LYB) |
| Form Type | 8-K |
| Filed Date | Feb 20, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**LyondellBasell just dropped an 8-K about executive changes and pay, keep an eye on leadership shifts!**
AI Summary
LyondellBasell Industries N.V. filed an 8-K on February 20, 2024, reporting an event that occurred on February 15, 2024. The filing addresses the departure or election of directors or officers and compensatory arrangements for certain officers. It also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Why It Matters
Changes in executive leadership and compensation structures can signal strategic shifts or impact investor confidence in a company's future direction.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future company strategy and performance, warranting a medium risk assessment.
Key Players & Entities
- LyondellBasell Industries N.V. (company) — Registrant
- February 15, 2024 (date) — Date of earliest event reported
- February 20, 2024 (date) — Filed as of date
- 001-34726 (dollar_amount) — SEC File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 15, 2024.
What specific items were disclosed in this 8-K by LyondellBasell Industries N.V.?
The 8-K disclosed information regarding the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Regulation FD Disclosure, and Financial Statements and Exhibits.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 20, 2024.
What is the SEC File Number for LyondellBasell Industries N.V.?
The SEC File Number for LyondellBasell Industries N.V. is 001-34726.
In which country is LyondellBasell Industries N.V. incorporated?
LyondellBasell Industries N.V. is incorporated in the Netherlands.
Filing Stats: 611 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-02-20 07:30:41
Filing Documents
- lyb-20240215.htm (8-K) — 39KB
- exh991_2024feb8-k.htm (EX-99.1) — 6KB
- lyondellbaselllogoa.jpg (GRAPHIC) — 3KB
- 0001489393-24-000007.txt ( ) — 243KB
- lyb-20240215.xsd (EX-101.SCH) — 2KB
- lyb-20240215_def.xml (EX-101.DEF) — 18KB
- lyb-20240215_lab.xml (EX-101.LAB) — 35KB
- lyb-20240215_pre.xml (EX-101.PRE) — 19KB
- lyb-20240215_htm.xml (XML) — 5KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 19, 2024, the Company issued a press release announcing Mr. Lane's departure and the appointment of Ms. Kimberly Foley as Executive Vice President, Global O&P, Refining and Supply Chain and Mr. Aaron Ledet, as Executive Vice President, Intermediates & Derivatives, each effective March 1, 2024. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Item 7.01 is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release dated February 19, 2024. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. LYONDELLBASELL INDUSTRIES N.V. Date: February 20, 2024 By: /s/ Jeffrey A. Kaplan Jeffrey A. Kaplan Executive Vice President and General Counsel