LyondellBasell CFO McMurray to retire, names insider as successor
Adds details on Izquierdo and McMurray between paragraphs 2-5
Nov 22 (Reuters) -Petrochemicals manufacturer LyondellBasell LYB.N said on Friday its Chief Financial Officer Michael McMurray will retire and be succeeded by insider Agustin Izquierdo, effective March 1.
Izquierdo, a former executive at Germany's BASF BASFn.DE, had joined Lyondell in November 2022. He is currently the company's senior vice president at the Olefins & Polyolefins Americas & Refining unit.
The change in leadership would come when the company is set to permanently shut its 106-year-old Houston oil refinery in the first quarter of 2025 and exit the refining business.
The Houston-based company said Izquierdo will continue to serve in his current role until March 1.
McMurray would be stepping down after more than five years as CFO.
Reporting by Sourasis Bose in Bengaluru; Editing by Krishna Chandra Eluri
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