Home / Knowledge / News / Textiles / LyondellBasell names Jim Gallogly as CEO
LyondellBasell names Jim Gallogly as CEO
15
May '09
LyondellBasell Industries announced that its Supervisory Board has named James L. (Jim) Gallogly chief executive officer, effective immediately. Gallogly will succeed Volker Trautz who has announced his retirement from the company. The terms of the appointment are subject to the approval of the U.S. bankruptcy court overseeing LyondellBasell's reorganization plan.

"Jim is a highly respected executive in the polymers, chemicals and fuels industries and experienced in successfully navigating the cyclical challenges of these businesses," said Len Blavatnik, Chairman of LyondellBasell's Supervisory Board. "His impressive record in the industry, combined with years of international experience, makes him the right person to head LyondellBasell and to fully realize the company's potential," Blavatnik said.

"I am pleased to welcome Jim to LyondellBasell," said Trautz. "I have known him for many years, and I am confident that he will successfully guide the company as it reaffirms its leadership position in the chemical industry."

Gallogly commented: "LyondellBasell has an extremely capable management team and a sound strategy for advancing the company in the years to come. 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.

"LyondellBasell boasts a heritage of innovation and excellence and a global footprint that makes it one of the elite participants in the chemicals and polymers markets. I believe in LyondellBasell's long-term potential, and I have the highest admiration for the people at all levels of the company who have executed well in recent months under extremely challenging conditions. I look forward to working with the leadership team to deliver value to our customers, employees, creditors and investors," Gallogly said.

Gallogly already has met with a number of the company's stakeholders and shared his vision for the company. Earlier this year, LyondellBasell voluntarily filed to reorganize its U.S. operations and certain European holding companies in order to restructure the company's debts and reposition operations for future growth.

Gallogly comes to LyondellBasell from ConocoPhillips where he served as executive vice president of exploration & production, and before that as executive vice president of refining, marketing and transportation. From 2000 to 2006, he was president and chief executive officer of Chevron Phillips Chemical Company, one of the world's top producers of olefins and polyolefins.

Gallogly began his career with Phillips Petroleum Company in 1980, serving in a variety of legal, finance and operational roles including two assignments in Stavanger, Norway. He also served as vice president of plastics and later senior vice president of chemicals.

Gallogly serves on the board of directors of the American Petroleum Institute. He previously served on the boards of the American Chemistry Council, the American Plastics Council and the National Petrochemical and Refiners Association.

He received a Bachelor of Arts degree from the University of Colorado in 1974 and a law degree from the University of Oklahoma in 1977. He completed the Advanced Executive Program at the J.L. Kellogg Graduate School of Management at Northwestern University in 1998.

Gallogly was born in St. John's, Newfoundland, Canada. He currently resides in Houston.

LyondellBasell Industries


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search