---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-109143"
form_type: "8-K"
ticker: "LYB"
cik: "0001489393"
company_name: "LyondellBasell Industries N.V."
filed_at: "2021-08-25T23:59:59+00:00"
generated_at: "2026-06-29T07:50:35.893744+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LyondellBasell CEO Bob Patel to retire by end of 2021; board starts successor search

## Summary
- CEO Bob Patel intends to retire effective December 31, 2021; he will continue to lead until then.
- Board formed a sub-committee to oversee CEO search, considering both internal and external candidates.
- Patel will also resign from the Board upon departure; resignation not due to any disagreements.
- Patel joined LyondellBasell in 2010, became CEO in January 2015; led growth including A. Schulman acquisition.
- Company highlighted expansion, sustainability goals, and consistent dividend increases under Patel's leadership.

## SEC filing metadata
- accession: 0001104659-21-109143
- form_type: 8-K
- ticker: LYB
- cik: 0001489393
- company_name: LyondellBasell Industries N.V.
- filed_at: 2021-08-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489393/000110465921109143/0001104659-21-109143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489393/000110465921109143/tm2125739d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-109143
- JSON: https://secwatch.observer/filing/0001104659-21-109143.json
- Plain text: https://secwatch.observer/filing/0001104659-21-109143.txt

## Key facts
- Executive change
  Bhavesh V. (Bob) Patel departed as Chief Executive Officer and Director at LyondellBasell Industries N.V..
  - Action: retire
  - Role: Chief Executive Officer and Director
  source text: announced that Bhavesh V. (Bob) Patel, Chief Executive Officer and Director of LyondellBasell Industries N.V. (the “Company”), has provided the Company with notice of his intent to retire.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489393/000110465921109143/0001104659-21-109143-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.