LyondellBasell Announces Appointment of New Executive Vice President

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May 19, 2015, 09:00 ET

HOUSTON and LONDON, May 19, 2015 /PRNewswire/ -- LyondellBasell (NYSE: LYB) today announced that Daniel M. Coombs has been selected to become executive vice president of Intermediates and Derivatives (I&D), with additional responsibility for Supply Chain, Procurement and Technology. Coombs replaces Pat Quarles, who is taking a leadership position at a major U.S. company.

In announcing Coombs' appointment, LyondellBasell Chief Executive Officer Bob Patel said: "Dan is an outstanding business leader. His commitment to safety, operational excellence, employee development, along with his broad range of commercial and manufacturing experience on a global basis, position him as the right leader at the right time for LyondellBasell. We welcome Dan to our Leadership Team as we build continued success upon a very strong foundation." Coombs' appointment is effective May 29, 2015. Patel also announced that Coombs would be nominated to join the Company's Management Board.

"I also want to acknowledge the many contributions made by Pat Quarles to LyondellBasell and its predecessor companies," Patel said. "We have all benefited from Pat's leadership and friendship. We wish him continued success in his new role."

Coombs has been senior vice president of Manufacturing at Chevron Phillips Chemical Company. He has held executive positions there since 2010, including senior vice president for Specialties, Aromatics and Styrenics, vice president of Corporate Planning and Development, and vice president and deputy general manager for Qatar Chemical Company Limited. He began his career in 1978 at Phillips Chemical, holding a variety of engineering and supervisory positions of increasing responsibility.

Coombs earned his Bachelor of Science degree in Chemical Engineering from The Ohio State University in 1978 and a Master of Science degree in the same field in 1985 from the University of Tulsa. In 2004, he received an MBA from Texas A&M University.

LyondellBasell (NYSE: LYB) is one of the world's largest plastics, chemical and refining companies and a member of the S&P 500 Index. LyondellBasell (www.lyondellbasell.com) manufactures products at 55 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 parts, home furnishings, construction materials and biofuels.

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