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Management Decision Lyondell Basell Appoints Michael Mc Murray as Executive Vice President and CFO

Editor: Ahlam Rais

Michael Mc Murray will be succeeding Thomas Aebischer who will be retiring from office by this year end. Prior to his appointment at Lyondell Basell, Mc Murray held an eleven-year career at Owens Corning.

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Michael Mc Murray, Executive Vice President and CFO, Lyondell Basell.
Michael Mc Murray, Executive Vice President and CFO, Lyondell Basell.
(Source: Lyondell Basell)

Houston/USA – Lyondell Basell has recently announced that Michael Mc Murray has been appointed executive vice president and chief financial officer (CFO), effective November 5, 2019. Mc Murray replaces Thomas Aebischer who, earlier this year, elected to retire at the end of 2019.

"Having worked in a wide variety of roles over his career, Michael has deep knowledge of financial markets and brings a diverse, global perspective to the finance function," said Bob Patel, CEO of Lyondell Basell. "Because he has worked both upstream and downstream of Lyondell Basell, he has a unique perspective on market dynamics and how we can continue to create and deliver value."

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Mc Murray joins Lyondell Basell following a nearly 11-year career at Owens Corning where he served as vice president, Investor Relations and treasurer; vice president, Finance for the Building Materials Group; and, for the past seven years, as chief financial officer. Prior to Owens Corning, he spent 21 years in various positions of increasing responsibility with Royal Dutch Shell including as vice president, Shell Capital; global treasurer for Shell Chemicals; and Americas Finance manager for the Lubricants business.

Mc Murray sits on the board of directors for Flowserve, a global pumps and valves manufacturer. He earned a bachelor's degree in Business Administration from Trinity University in San Antonio, Texas and an MBA from Tulane University in New Orleans, Louisiana.

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