LyondellBasell Industries CEO Bob Patel's 2018 pay rises 4% to $18M
LyondellBasell Industries reports 2018 executive compensation
By ExecPay News
Published: April 9, 2019
LyondellBasell Industries reported fiscal year 2018 executive compensation information on April 9, 2019.
In 2018, five executives at LyondellBasell Industries received on average a compensation package of $6.6M, a 5% decrease compared to previous year.
Average pay of disclosed executives at LyondellBasell Industries
Bob V. Patel, Chief Executive Officer, received $18M in total, which increased by 4% compared to 2017. 49% of Patel's compensation, or $8.9M, was in stock awards. Patel also received $13K of change in pension value and nonqualified deferred compensation earnings, $4.5M in non-equity incentive plan, $3M in option awards, $1.6M in salary, as well as $271K in other compensation.
For fiscal year 2018, the median employee pay was $114,759 at LyondellBasell Industries. Therefore, the ratio of Bob V. Patel's pay to the median employee pay was 159 to one.
Thomas Aebischer, Chief Financial Officer, received a compensation package of $4.6M, which increased by 15% compared to previous year. 39% of the compensation package, or $1.8M, was in stock awards.
Dan Coombs, Executive Vice President Global Manufacturing, Projects, and Refining, earned $3.9M in 2018, a 8% increase compared to previous year.
Jeff Kaplan, Chief Legal Officer, received $3.4M in 2018, which increases by 34% compared to 2017.
Jim Guilfoyle, Executive Vice President Advanced Polymer Solutions and Global Supply Chain, earned $2.7M in 2018.
Related executives
Bob Patel
LyondellBasell Industries
Chief Executive Officer
Thomas Aebischer
LyondellBasell Industries
Chief Financial Officer
Dan Coombs
LyondellBasell Industries
Former Executive Vice President Global Manufacturing, Projects, and Refining
Jeff Kaplan
LyondellBasell Industries
Chief Legal Officer
Jim Guilfoyle
LyondellBasell Industries
Executive Vice President Advanced Polymer Solutions and Global Supply Chain
You may also like
Source: SEC filing on April 9, 2019.