LyondellBasell Names Milton Carroll, Bruce A. Smith and Rudy van der Meer to Supervisory Board

ROTTERDAM, Netherlands, July 16 /PRNewswire/ -- LyondellBasell today announced that Milton Carroll, Bruce A. Smith and Rudy van der Meer have been named to the company's Supervisory Board.  In addition, Marvin O. Schlanger has been named Chairman of the Board.

LyondellBasell's Supervisory Board currently includes Joshua J. Harris, Philip Kassin, Scott M. Kleinman, Jeffrey S. Serota and Marvin Schlanger.

"The addition of these distinguished business leaders to our Supervisory Board provides us with a wealth of knowledge and experience that will be invaluable in helping to establish LyondellBasell as the industry's premier performer," said Jim Gallogly, Chief Executive Officer of LyondellBasell.  "I look forward to working with each member of our board and Board Chairman Marv Schlanger. Marv is well-respected in our industry and brings a unique knowledge of our company and the businesses in which we operate."

Marvin Schlanger, Board Chairman

Marvin O. Schlanger is a principal in the firm of Cherry Hill Chemical Investments, LLC, which provides management services and capital to chemical and allied industries.  He currently serves as Chairman of the Board of CEVA Group, plc, and Vice Chairman of Hexion Specialty Chemicals, Inc.  He also serves as a director of Momentive Performance Materials Company, UGI Corporation and AmeriGas Propane Inc.  He formally was President, Chief Executive Officer and Chairman of Resolution Performance Products, LLC; Chairman of Covalence Specialty Materials Corp., and Chairman of Resolution Specialty Materials, LLC.  Schlanger was with ARCO Chemical for 23 years where he served in positions including Chief Financial Officer, Chief Operating Officer and Chief Executive Officer. Schlanger was CEO and a member of the ARCO Chemical Board of Directors when the company was acquired by Lyondell Chemical Company in 1998.  He was named to the LyondellBasell board in April 2010.

Milton Carroll

Milton Carroll founded Instrument Products Inc., an oil-tool manufacturing company, and serves as its Chairman.  Carroll also serves as Chairman of the Board of CenterPoint Energy, Inc.  Additionally, he is a member of the Board of Directors of Halliburton Company, Health Care Service Corporation and Western Gas Holdings LLC.  He previously served on the Boards of Directors of DCP Midstream, Devon Energy Corporation and EGL, Inc.

Bruce Smith

Bruce Smith served as the Chairman of the Board, President and Chief Executive Officer of Tesoro Corporation, an independent refiner and marketer of petroleum products, from 1996 until 2010, when he retired.  Previously, Smith was Executive Vice President, Chief Financial Officer and Chief Operating Officer at Tesoro.  He also has served in executive positions with Valero Energy Group and Continental Illinois National Bank and Trust Company.

Rudy van der Meer

Rudy van der Meer is chairman of the supervisory boards of Imtech N.V., Gazelle Holding B.V., and Energie Beheer Nederland B.V.  He also is a member of the supervisory boards of James Hardie Industries S.E., ING Bank Nederland N.V. and ING Verzekeringen (Insurance) Nederland N.V., both subsidiaries of ING Groep N.V.  For 32 years, van der Meer was with Akzo Nobel N.V., a producer of paints and coatings and specialty chemicals, where he served as Chief Executive Officer for both the Coatings and Chemicals businesses and was a member of the Executive Board.

LyondellBasell is one of the world's largest plastics, chemical and refining companies.  The company manufactures products at 59 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 components, home furnishings, construction materials and biofuels.  More information about LyondellBasell can be found at www.lyondellbasell.com.

SOURCE LyondellBasell Industries