Industry appointments: LyondellBasell and Magellan Midstream

LyondellBasell

LyondellBasell has announced that Daniel M. Coombs has been selected to become Executive Vice President of Intermediates and Derivatives (I&D), with additional responsibility for Supply Chain, Procurement and Technology. Coombs replaces Pat Quarles, who is taking a leadership position at a major US company.

In announcing Coombs' appointment, LyondellBasell Chief Executive Officer Bob Patel said: "Dan is an outstanding business leader. His commitment to safety, operational excellence, employee development, along with his broad range of commercial and manufacturing experience on a global basis, position him as the right leader at the right time for LyondellBasell. We welcome Dan to our Leadership Team as we build continued success upon a very strong foundation."

Coombs' appointment is effective 29 May 2015. Patel also announced that Coombs would be nominated to join the Company's Management Board.

"I also want to acknowledge the many contributions made by Pat Quarles to LyondellBasell and its predecessor companies," Patel said. "We have all benefited from Pat's leadership and friendship. We wish him continued success in his new role."

Coombs has been Senior Vice President of Manufacturing at Chevron Phillips Chemical Company. He has held executive positions there since 2010, including Senior Vice President for Specialties, Aromatics and Styrenics, Vice President of Corporate Planning and Development, and Vice President and Deputy General Manager for Qatar Chemical Company Limited. He began his career in 1978 at Phillips Chemical, holding a variety of engineering and supervisory positions of increasing responsibility.

Coombs earned his Bachelor of Science degree in Chemical Engineering from The Ohio State University in 1978 and a Master of Science degree in the same field in 1985 from the University of Tulsa. In 2004, he received an MBA from Texas A&M University.

Magellan Midstream

Magellan Midstream Partners, L.P. has announced that Aaron Milford has been promoted to Chief Financial Officer effective 18 May 2015. Milford previously served as vice president of crude oil business development for Magellan.

Milford has worked in the energy industry for 20 years with extensive experience in financial analysis, mergers and acquisitions and business development. He has spent his entire career with Magellan or its predecessors. Milford holds a bachelor's degree in accounting and a master's of business administration from the University of Tulsa and is a chartered financial analyst.

"Aaron brings financial expertise and an in depth knowledge of Magellan's businesses to our most senior-level financial position," said Michael Mears, Chief Executive Officer. "His proven track record with the company and disciplined financial nature should continue to serve us well in his new role."

In a related move, the partnership's former Chief Financial Officer, Michael Osborne, has resigned. His departure is not related to any issues regarding financial disclosures or accounting matters.

"We appreciate Michael's service to Magellan and wish him well in his future endeavours," said Mears.

Adapted from press release by Rosalie Starling

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