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Olin (NYSE:OLN) said Monday it named LyondellBaseel (LYB) executive Kenneth Lane as its new President and CEO effective March 18, when Scott Sutton will step down from those positions; no explanation was given for Sutton’s departure.
Lane was Executive VP of Global Olefins and Polyolefins at LyondellBasell (LYB), which he joined in 2019 after serving BASF for 13 years and holding executive positions across a wide range of businesses including Polyurethanes, Monomers and Catalysts; previously, he had spent time at BP Chemicals and Amoco Chemical.
Kim Foley will assume Lane’s previous role at LyondellBasell (LYB) after serving as Senior VP of Global Engineering, Turnarounds and Health, Safety and Environment.
