Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

LyondellBasell logoLyondellBasell LYB

The company said Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, informed it on March 11, 2025 of his intent to resign, effective March 24, 2025, to pursue another opportunity.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, informed it on March 11, 2025 of his intent to resign, effective March 24, 2025, to pursue another opportunity.

  2. The company said it appointed Matthew D. Hayes as Senior Vice President, Chief Accounting Officer, effective March 24, 2025. Hayes will serve as principal accounting officer for SEC filings and will have global responsibility for corporate accounting, financial reporting and internal controls.

  3. LyondellBasell said Hayes, age 50, most recently served as Vice President, Financial Planning and Analysis, and has served with the company in various capacities since 2004, including chief internal auditor and several director roles in the accounting department. Before joining the company, he worked in internal audit at Halliburton from 2001 to 2004 and in the public accounting sector from 1996 to 2001.

  4. The company said Hayes’ base salary is $400,000. His target long-term incentive plan grant is 70% of base salary, including a pro-rated award for 2025, and his target short-term incentive plan grant is 60% of base salary.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Chief Accounting Officer Resignation Notice

The company said Chukwuemeka (Emeka) A. Oyolu, Senior Vice President, Chief Accounting Officer, informed it on March 11, 2025 of his intent to resign, effective March 24, 2025, to pursue another opportunity.

Source · Based on the filing body and exhibits

Matthew D. Hayes Named Successor

The company said it appointed Matthew D. Hayes as Senior Vice President, Chief Accounting Officer, effective March 24, 2025. Hayes will serve as principal accounting officer for SEC filings and will have global responsibility for corporate accounting, financial reporting and internal controls.

Source · Based on the filing body and exhibits

Hayes’ Background

LyondellBasell said Hayes, age 50, most recently served as Vice President, Financial Planning and Analysis, and has served with the company in various capacities since 2004, including chief internal auditor and several director roles in the accounting department. Before joining the company, he worked in internal audit at Halliburton from 2001 to 2004 and in the public accounting sector from 1996 to 2001.

Source · Based on the filing body and exhibits

Hayes’ Compensation Terms

The company said Hayes’ base salary is $400,000. His target long-term incentive plan grant is 70% of base salary, including a pro-rated award for 2025, and his target short-term incentive plan grant is 60% of base salary.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.