LyondellBasell Files 2024 Proxy Statement

Ticker: LYB · Form: DEF 14A · Filed: 2024-04-08T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, executive-compensation, corporate-governance

Related Tickers: LYB

TL;DR

LyondellBasell's proxy statement is out, detailing exec pay and board info for 2023.

AI Summary

LyondellBasell Industries N.V. filed its DEF 14A on April 8, 2024, for the fiscal year ending December 31, 2023. The filing details executive compensation and board member information, including compensation for individuals like Peter Vanacker and Kenneth Lane. The company's principal executive offices are located at 1221 McKinney St, Suite 700, Houston, TX 77010.

Why It Matters

This filing provides shareholders with crucial information regarding executive compensation and corporate governance, enabling informed voting decisions at the upcoming annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not inherently indicate new risks.

Key Numbers

2023-12-31 — Fiscal Year End (The period covered by the compensation details in the filing.)
20240408 — Filing Date (The date LyondellBasell submitted this DEF 14A to the SEC.)

Key Players & Entities

LyondellBasell Industries N.V. (company) — Filer of the DEF 14A
Peter Vanacker (person) — Member of the Board, compensation details provided
Kenneth Lane (person) — Member of the Board, compensation details provided
Bhavesh Patel (person) — Member of the Board, compensation details provided
1221 McKinney St, Suite 700, Houston, TX 77010 (location) — Company's business and mailing address

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming annual or special meeting, providing detailed information on matters to be voted upon, including executive compensation and director elections.

Who are some of the key individuals mentioned in relation to compensation in this filing?

Key individuals mentioned in relation to compensation include Peter Vanacker, Kenneth Lane, and Bhavesh Patel, who are identified as members of the board.

What is LyondellBasell Industries N.V.'s fiscal year end?

LyondellBasell Industries N.V.'s fiscal year ends on December 31st.

Where are LyondellBasell's principal executive offices located?

LyondellBasell's principal executive offices are located at 1221 McKinney St, Suite 700, Houston, TX 77010.

What is the SEC file number for LyondellBasell Industries N.V.?

The SEC file number for LyondellBasell Industries N.V. is 001-34726.

From the Filing

0001308179-24-000473.txt : 20240408 0001308179-24-000473.hdr.sgml : 20240408 20240408090211 ACCESSION NUMBER: 0001308179-24-000473 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 123 CONFORMED PERIOD OF REPORT: 20240524 FILED AS OF DATE: 20240408 DATE AS OF CHANGE: 20240408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LyondellBasell Industries N.V. CENTRAL INDEX KEY: 0001489393 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL ORGANIC CHEMICALS [2860] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 980646235 STATE OF INCORPORATION: P7 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34726 FILM NUMBER: 24828284 BUSINESS ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 BUSINESS PHONE: 713-309-7603 MAIL ADDRESS: STREET 1: 1221 MCKINNEY ST STREET 2: SUITE 700 CITY: HOUSTON STATE: TX ZIP: 77010 DEF 14A 1 llyb2024_def14a.htm LYONDELLBASELL INDUSTRIES N.V. - DEF 14A LYONDELLBASELL INDUSTRIES N.V. - DEF 14A false 0001489393 DEF 14A 0001489393 2023-01-01 2023-12-31 0001489393 lyb:PeterVanackerMember 2023-01-01 2023-12-31 0001489393 lyb:KennethLaneMember 2022-01-01 2022-05-22 0001489393 lyb:PeterVanackerMember 2022-05-23 2022-12-31 0001489393 2022-01-01 2022-12-31 0001489393 lyb:BhaveshPatelMember 2021-01-01 2021-12-31 0001489393 2021-01-01 2021-12-31 0001489393 lyb:BhaveshPatelMember 2020-01-01 2020-12-31 0001489393 2020-01-01 2020-12-31 0001489393 2022-01-01 2022-05-22 0001489393 2022-05-23 2022-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:AdjustmentForSummaryCompensationTablePensionMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:AdjustmentForSummaryCompensationTablePensionMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:AmountAddedForCurrentYearServiceCostMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:AmountAddedForCurrentYearServiceCostMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:AmountAddedForPriorServiceCostImpactingCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:AmountAddedForPriorServiceCostImpactingCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:TotalAdjustmentsForPensionMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:TotalAdjustmentsForPensionMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:AdjustmentForGrantDateValuesInTheSummaryCompensationTableMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:AdjustmentForGrantDateValuesInTheSummaryCompensationTableMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:YearEndFairValueOfUnvestedAwardsGrantedInTheCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:YearOverYearDifferenceOfYearEndFairValuesForUnvestedAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:FairValuesAtVestDateForAwardsGrantedAndVestedInCurrentYearMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:DifferenceInFairValuesBetweenPriorYearEndFairValuesAndVestDateFairValuesForAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001489393 ecd:NonPeoNeoMember lyb:DifferenceInFairValuesBetweenPriorYearEndFairValuesAndVestDateFairValuesForAwardsGrantedInPriorYearsMember 2023-01-01 2023-12-31 0001489393 ecd:PeoMember lyb:PeterVanackerMember lyb:ForfeituresDuringCurrentYearEqualToPriorYearEndFairValueMember 2023-01-01 2023-12-31 0001489