LyondellBasell issued the following announcement on July 25.
LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world,announced it has named James (Jim) Guilfoyle executive vice president, Advanced Polymer Solutions and Global Supply Chain. In this capacity, Guilfoyle will continue to report to Chief Executive Officer Bob Patel.
"Jim has been a key player in our company's success and has provided outstanding leadership for our Intermediates and Derivatives segment," Patel said. "As our company enters its next phase, with a robust slate of growth opportunities before us, I am confident Jim will provide the same strong leadership as we establish our new Advanced Polymer Solutions platform."
LyondellBasell's Advanced Polymer Solutions reporting segment will be created following the company's completion of the A. Schulman, Inc. acquisition. The new segment will include LyondellBasell's existing polypropylene compounding business, the assets acquired from A. Schulman, as well as the company's existing Polybutene-1 and Catalloy businesses. To date, LyondellBasell's acquisition of A. Schulman has been approved by regulators in the United States, Brazil, Mexico, China, the European Commission, Russia, Serbia and Turkey.
Guilfoyle has spent his career at LyondellBasell and its predecessor companies, starting in 1993 as a chemical engineer in La Porte, Texas before attaining several managerial and technical positions within the company. Most recently, Guilfoyle served as the company's senior vice president for Global Intermediates and Derivatives and Global Supply Chain.
Guilfoyle earned a bachelor's degree in chemical engineering from the University of Cincinnati and a master's degree in the same field from the University of Houston. He holds a Master of Business Administration degree from the University of Houston and attended the executive development program at Northwestern University's Kellogg School of Management. Guilfoyle serves on the board of directors of the Houston Food Bank.
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