LyondellBasell Adds Four Directors to Supervisory Board

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May 05, 2011, 07:58 ET

ROTTERDAM, Netherlands, May 5, 2011 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that the following individuals have been elected to the company's Supervisory Board at LyondellBasell's annual general meeting of shareholders in Rotterdam, Netherlands:

Jacques Aigrain – Chairman of LCH Clearnet Group, Limited, an independent clearinghouse group, and former Chief Executive Officer of Swiss Re, a global reinsurance company;
Jagjeet S. Bindra – an energy industry professional with more than 35 years of experience, including serving as President of Chevron Global Manufacturing with responsibility for 19 refineries worldwide;
Robin W. T. Buchanan – Senior Advisor at Bain & Company Inc., a global management consulting firm, and a Director of the Centre for Corporate Governance at the London Business School where he previously served as Dean and then President;
Robert G. Gwin – Senior Vice President, Finance, and Chief Financial Officer of Anadarko Petroleum, an oil and gas exploration and production company.

Additionally, LyondellBasell said that Milton Carroll and Rudy van der Meer were reelected to the board at the meeting. Other members of LyondellBasell's Supervisory Board, Stephen F. Cooper, Joshua J. Harris, Scott M. Kleinman, Jeffrey S. Serota, Bruce A. Smith and Marvin O. Schlanger are serving terms that were not due for re-election at this year's meeting.

"These distinguished business leaders bring extensive knowledge and global experience to our Supervisory Board. I look forward to working with each member of our board as LyondellBasell becomes a truly great and enduring enterprise," said LyondellBasell CEO Jim Gallogly.

LyondellBasell is one of the world's largest plastics, chemical and refining companies. The company manufactures products at 58 sites in 18 countries. LyondellBasell products and technologies are used to make items that improve the quality of life for people around the world including packaging, electronics, automotive components, home furnishings, construction materials and biofuels. More information about LyondellBasell can be found at www.lyondellbasell.com.

Media Contact: David A. Harpole +1 713-309-4125
Investor Contact: Douglas J. Pike +1 713-309-7141

SOURCE LyondellBasell Industries