Bob V. Patel

2019

In 2019, Bob V. Patel earned a total compensation of $15.9M as Chief Executive Officer at LyondellBasell Industries, a 12% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$20,332
Non-Equity Incentive Plan$1,600,000
Option Awards$3,078,125
Salary$1,575,000
Stock Awards$9,234,533
Other$435,323
Total$15,943,313

Patel received $9.2M in stock awards, accounting for 58% of the total pay in 2019.

Patel also received $20.3K of change in pension value and nonqualified deferred compensation earnings, $1.6M in non-equity incentive plan, $3.1M in option awards, $1.6M in salary and $435.3K in other compensation.

Rankings

In 2019, Bob V. Patel's compensation ranked 302nd out of 13,971 executives tracked by ExecPay. In other words, Patel earned more than 97.8% of executives.

ClassificationRankingPercentile
All
302
out of 13,971
98th
Division
Manufacturing
103
out of 5,701
98th
Major group
Chemicals And Allied Products
30
out of 2,200
99th
Industry group
Industrial Organic Chemicals
1
out of 63
98th

Pay ratio

Bob V. Patel's Pay$15,943,313
Median Employee's Pay$86,466
Pay Ratio

184

to 1

In 2019, the annual total compensation of Bob V. Patel was $15,943,313.

The annual total compensation of the median employee at LyondellBasell Industries was $86,466.

The ratio of Bob V. Patel's pay to the pay of median employee was therefore 184 to one.

Source: SEC filing on April 15, 2020.

Patel's colleagues

We found six more compensation records of executives who worked with Bob V. Patel at LyondellBasell Industries in 2019.

2019

Michael McMurray

LyondellBasell Industries

Chief Financial Officer

2019

Ken Lane

LyondellBasell Industries

Executive Vice President Global Olefins & Polyolefins

2019

Thomas Aebischer

LyondellBasell Industries

Chief Financial Officer

2019

Dan Coombs

LyondellBasell Industries

Executive Vice President Global Manufacturing, Projects, and Refining

2019

Torkel Rhenman

LyondellBasell Industries

Executive Vice President Intermediates and Derivatives

2019

Jeff Kaplan

LyondellBasell Industries

Chief Legal Officer

News

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