{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-148833","form_type":"8-K","ticker":"LYB","cik":"0001489393","company_name":"LyondellBasell Industries N.V.","filed_at":"2021-12-13T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.721902+00:00","generated_at":"2026-06-28T01:40:06.143330+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"LyondellBasell appoints Peter Vanacker as CEO effective no later than June 2022; Ken Lane interim CEO","bullets":["Peter Vanacker, formerly Neste CEO, appointed CEO of LyondellBasell; effective no later than June 2022.","Ken Lane (EVP Global Olefins & Polyolefins) named interim CEO from Jan 1, 2022; base salary raised to $1.2M, STI target 150%.","Vanacker's base salary $1.4M; STI target 150% of base; LTI target $10M (50% PSUs, 25% RSUs, 25% options).","One-time new hire awards: $1.9M cash (subject to repayment) and $2.3M RSU award vesting over two years.","Executive Severance Plan amended to extend CEO eligibility; provides 1.5x salary+bonus on termination without cause."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-148833","json":"https://secwatch.observer/filing/0001104659-21-148833.json","markdown":"https://secwatch.observer/filing/0001104659-21-148833.md","text":"https://secwatch.observer/filing/0001104659-21-148833.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1489393/000110465921148833/0001104659-21-148833-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1489393/000110465921148833/tm2134937d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T01:40:06.143330+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0b9a967cb0","claim":"Bob Patel retired as Chief Executive Officer at LyondellBasell Industries N.V..","evidence_excerpt":"the vacancy created by Mr. Bob Patel’s retirement","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1489393/000110465921148833/0001104659-21-148833-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ba1ad6be51","claim":"Peter E.V. Vanacker was appointed as Director at LyondellBasell Industries N.V..","evidence_excerpt":"the Board has also appointed Mr. Vanacker to serve on the Board of Directors to fill the vacancy created by Mr. Bob Patel’s retirement","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1489393/000110465921148833/0001104659-21-148833-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}