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LyondellBasell Executive Compensation

LYB · Industrials · FY2023 Data

LyondellBasell is a publicly traded company in the Industrials sector.

Total Exec Pay FY2023
$37.2M
Highest Paid Executive
$16.5M
Executives Tracked
5
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Named Executive Officers — FY2023

ExecutiveYearBaseStockTotal Pay
Peter Vanacker
Executive Officer
FY2023$1.4M$11.6M$16.5M
Michael McMurray
Chief Executive Officer
FY2023$843,500$3.6M$5.7M
Ken Lane
Executive Vice President Global Olefins Polyolefins and Procurement
FY2023$870,000$2.9M$5.4M
Jim Guilfoyle
Senior Vice President Olefins Polyolefins EAMEI
FY2023$793,562$2.5M$5.1M
Torkel Rhenman
Executive Officer
FY2023$798,275$2.6M$4.4M

Compensation Analysis

Computed directly from SEC-sourced figures tracked on this page — not a general description.

LyondellBasell discloses FY2023 compensation for 5 named executive officers, totaling $37.2M. Peter Vanacker, the Executive Officer, accounts for 44% of that combined total.

Cash compensation (salary plus bonus) made up 13% of LyondellBasell's FY2023 tracked executive pay, with stock awards accounting for 62%. That's notably more stock-weighted than the typical Industrials company in this dataset, where stock awards average 2% of tracked pay.

Among 128 other Industrials companies in this dataset, LyondellBasell's combined tracked executive pay of $37.2M ranks in the 89th percentile (industry median: $12.5M). Its highest-paid executive, Peter Vanacker, ranks in the 80th percentile for top-executive pay in the sector (industry median: $6.8M).

Data Source: Compensation figures are sourced from LyondellBasell's DEF 14A proxy statement filed with the U.S. Securities and Exchange Commission (SEC) via EDGAR. Figures reflect the most recently available fiscal year per executive. See something wrong? Report it.
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