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MarketScreener Homepage  >  Equities  >  Nyse  >  LyondellBasell Industries N.V.    LYB   NL0009434992

LYONDELLBASELL INDUSTRIES N.V.

(LYB)
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LyondellBasell Industries N : Taps Owens Corning's McMurray as Finance Chief

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10/14/2019 | 07:02am EST

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.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
LYONDELLBASELL INDUSTRIES N.V. 0.13% 96 Delayed Quote.15.44%
OWENS CORNING 0.37% 65.16 Delayed Quote.48.16%
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Financials (USD)
Sales 2019 35 168 M
EBIT 2019 4 480 M
Net income 2019 3 587 M
Debt 2019 11 601 M
Yield 2019 4,36%
P/E ratio 2019 9,64x
P/E ratio 2020 8,39x
EV / Sales2019 1,24x
EV / Sales2020 1,18x
Capitalization 32 007 M
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Technical analysis trends LYONDELLBASELL INDUSTRIES
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 99,11  $
Last Close Price 96,00  $
Spread / Highest target 26,0%
Spread / Average Target 3,24%
Spread / Lowest Target -28,1%
EPS Revisions
Managers
NameTitle
Bhavesh Vaghjibhai Patel Chief Executive Officer & Director
Jacques Aigrain Chairman
Michael C. McMurray Chief Financial Officer & Executive Vice President
Massimo Covezzi Senior Vice President-Research & Development
Jim Seward VP-Sustainability, Technology & Joint Ventures
Sector and Competitors
1st jan.Capitalization (M$)
LYONDELLBASELL INDUSTRIES N.V.15.44%32 007
SAUDI BASIC INDUSTRIES CORPORATION SJSC--.--%74 158
AIR LIQUIDE23.14%63 200
WANHUA CHEMICAL GROUP67.45%20 453
NAN YA PLASTICS CORP--.--%18 586
CELANESE CORPORATION40.39%15 225