LyondellBasell appoints Holcim’s Thomas Aebischer as Executive Vice President and CFO

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Netherlands: LyondellBasell, one of the world's largest plastics, chemical and refining companies, has appointed Thomas Aebischer, former CFO at Holcim, has been appointed as Executive Vice President and Chief Financial Officer (CFO) effective from 1 January 2016.

"Thomas is a highly experienced and accomplished leader who brings a global perspective, deep knowledge of financial markets and significant experience at the executive level of large, multinational companies. Given his past experience and success in a variety of financial positions all over the world, I am very confident that he will be a tremendous asset as we continue to execute our long-term growth strategy," said Bob Patel, LyondellBasell's Chief Executive Officer.

Aebischer joins LyondellBasell after having served in a variety of positions, including CFO, over a nearly 20-year career with Holcim. In his role as Holcim's CFO, Aebischer's responsibilities included the company's information technology, accounting and administration, investor relations, risk management and procurement functions. Earlier in his career, Aebischer held positions with PricewaterhouseCoopers and the Bern cantonal tax authorities in Switzerland.

"LyondellBasell's transformation into one of the premier companies in the petrochemical industry is very impressive," said Aebischer. "It is truly an honour to join Bob and his team of leaders, who share a relentless focus on safety, operational excellence and the creation of shareholder value."

As LyondellBasell's CFO, Aebischer will be nominated to serve as a member of the company's management board and will be responsible for leading the company's treasury, information technology, tax, finance and accounting functions. Aebischer will report directly to Patel.

Last modified on 11 November 2015

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