Bhavesh V. Patel, often known as Bob, has been serving as the CEO of LyondellBasell Industries since January 2015. He has an extensive background in the chemicals and refining industries with over 30 years of experience. Before becoming CEO, Patel...

Bhavesh V. Patel, often known as Bob, has been serving as the CEO of LyondellBasell Industries since January 2015. He has an extensive background in the chemicals and refining industries with over 30 years of experience. Before becoming CEO, Patel held various leadership roles within the company, focusing on the company's operations in America and Europe. Notably, he improved LyondellBasell’s financial strategy significantly, leading to a record EBITDA during his tenure. In 2021, his total compensation reached $2 million, showcasing the company's recognition of his leadership during difficult economic times. Patel's strategic mindset has been evident in his performance metrics, particularly in focusing on cost discipline and operational efficiency, which are critical in the complex world of chemical manufacturing. He also has significant shareholdings in LyondellBasell, which demonstrates his commitment to the company's success and aligns his interests with those of shareholders. An interesting peak was his insider trading activity, which peaked in December 2020, showing confidence in the company’s future. Patel's education includes a Bachelor's in Chemical Engineering from The Ohio State University, complemented by an MBA from Temple University. Perhaps his journey reflects the importance of resilience and strategic foresight in an evolving industry.