By Colin Kellaher
LyondellBasell Monday said it named Michael McMurray executive vice president and chief financial officer, effective Nov. 5, plucking the executive from Owens Corning.
Owens Corning said Mr. McMurray, who has been senior vice president and chief financial officer since 2012, will step down Oct. 23 following the company's third-quarter earnings report and associated Securities and Exchange Commission filing.
LyondellBasell said Mr. McMurray succeeds Thomas Aebischer, who earlier this year announced plans to retire from the plastics, chemicals and refining company at the end of 2019.
Owens Corning said Prith Gandhi, currently vice president of corporate strategy, corporate development and financial planning, will serve as interim chief financial officer while the Toledo, Ohio, maker of insulation and roofing products conducts an external search for a successor.
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