Executive Compensation

Compensation reported for LyondellBasell Industries N.V.’s named executive officers, including salary, stock awards, incentive compensation, other compensation, and total compensation.

Named executive officer compensation
Executive	Position	Salary	Stock Awards	Incentives	Option Awards	Other	Reported total
Peter Vanacker	Chief Executive Officer	$1,486,539	$11,846,184	$1,708,500	$0	$536,222	$15,577,445
Michael McMurray	Former Executive Vice President And Chief Financial Officer	$879,750	$3,789,766	$628,911	$0	$125,121	$5,423,548
Kimberly Foley	Executive Vice President Olefins & Polyolefins	$816,039	$2,770,990	$624,575	$0	$151,887	$4,363,491
Torkel Rhenman	Executive Vice President	$808,954	$2,710,938	$631,330	$0	$94,890	$4,246,112
Jeffrey Kaplan	Executive Vice President General Counsel And Procurement	$783,044	$2,548,795	$593,630	$0	$140,080	$4,065,549
Agustin Izquierdo	Executive Vice President And Chief Financial Officer	$606,731	$1,750,032	$484,825	$0	$101,618	$2,943,206

Peter Vanacker
Chief Executive Officer
$15.6M
Reported total
Salary
$1,486,539
Stock awards
$11,846,184
Incentives
$1,708,500
Option awards
$0
Other
$536,222
Michael McMurray
Former Executive Vice President And Chief Financial Officer
$5.4M
Reported total
Salary
$879,750
Stock awards
$3,789,766
Incentives
$628,911
Option awards
$0
Other
$125,121
Kimberly Foley
Executive Vice President Olefins & Polyolefins
$4.4M
Reported total
Salary
$816,039
Stock awards
$2,770,990
Incentives
$624,575
Option awards
$0
Other
$151,887
Torkel Rhenman
Executive Vice President
$4.2M
Reported total
Salary
$808,954
Stock awards
$2,710,938
Incentives
$631,330
Option awards
$0
Other
$94,890
Jeffrey Kaplan
Executive Vice President General Counsel And Procurement
$4.1M
Reported total
Salary
$783,044
Stock awards
$2,548,795
Incentives
$593,630
Option awards
$0
Other
$140,080
Agustin Izquierdo
Executive Vice President And Chief Financial Officer
$2.9M
Reported total
Salary
$606,731
Stock awards
$1,750,032
Incentives
$484,825
Option awards
$0
Other
$101,618

Peter Vanacker

Chief Executive Officer

$15.6M

Reported total · FY2025 · SCT Total as filed

Source: DEF 14A Summary Compensation Table, filed April 10, 2026.

Salary: $1.5M
Stock Awards: $11.8M
Incentives: $1.7M
Other: $536K

Historical Compensation

Peter Vanacker total compensation, fiscal years 2023–2025.

Year-by-year total compensation
Fiscal Year	Salary	Stock Awards	Total Compensation
2025	$1,486,539	$11,846,184	$15,577,445
2024	$1,450,000	$12,586,300	$17,018,464
2023	$1,437,500	$8,978,151	$16,546,194