Bob V. Patel

2020

In 2020, Bob V. Patel earned a total compensation of $15.6M as Chief Executive Officer at LyondellBasell Industries, a 2% decrease compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$17,552
Non-Equity Incentive Plan$1,663,200
Option Awards$2,953,132
Salary$1,635,577
Stock Awards$8,859,438
Other$441,614
Total$15,570,513

Patel received $8.9M in stock awards, accounting for 57% of the total pay in 2020.

Patel also received $17.6K of change in pension value and nonqualified deferred compensation earnings, $1.7M in non-equity incentive plan, $3M in option awards, $1.6M in salary and $441.6K in other compensation.

Rankings

In 2020, Bob V. Patel's compensation ranked 374th out of 13,090 executives tracked by ExecPay. In other words, Patel earned more than 97.1% of executives.

ClassificationRankingPercentile
All
374
out of 13,090
97th
Division
Manufacturing
130
out of 5,621
98th
Major group
Chemicals And Allied Products
45
out of 2,254
98th
Industry group
Industrial Organic Chemicals
1
out of 63
98th

Pay ratio

Bob V. Patel's Pay$15,570,513
Median Employee's Pay$92,064
Pay Ratio

169

to 1

In 2020, the annual total compensation of Bob V. Patel was $15,570,513.

The annual total compensation of the median employee at LyondellBasell Industries was $92,064.

The ratio of Bob V. Patel's pay to the pay of median employee was therefore 169 to one.

Source: SEC filing on April 12, 2021.

Patel's colleagues

We found five more compensation records of executives who worked with Bob V. Patel at LyondellBasell Industries in 2020.

2020

Michael McMurray

LyondellBasell Industries

Chief Financial Officer

2020

Torkel Rhenman

LyondellBasell Industries

Executive Vice President Global Intermediates & Derivatives and Refining

2020

Ken Lane

LyondellBasell Industries

Executive Vice President Global Olefins & Polyolefins

2020

Dan Coombs

LyondellBasell Industries

Former Executive Vice President Global Manufacturing, Projects, and Refining

2020

Jeff Kaplan

LyondellBasell Industries

Chief Legal Officer

News

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