14 May 2009 14:16 [Source: ICIS news]
LONDON (ICIS news)--The supervisory board of LyondellBasell Industries has appointed James Gallogly as group CEO, succeeding Volker Trautz with immediate effect, the Netherlands-based petrochemicals producer said on Thursday.
Trautz had announced his retirement from the company, LyondellBasell said in a statement.
Gallogly joins the company from US oil major ConocoPhilips, where he was vice president of exploration and production. Between 2000 and 2006 he was president and CEO of Chevron Phillips Chemical.
The terms of the appointment were subject to the approval of the ?xml:namespace>
“My role will be to harness the initiatives that are currently in motion, and manage the business and operations as we successfully transition out of Chapter 11 near year end,” Gallogly said.
Last week, parent company Access Industries said LyondellBasell would carry on its restructuring process under
Access Industries has entered into an agreement with
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