Bhavesh “Bob” Patel joins UP board of directors

Written by Maggie Lancaster, assistant editor
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Union Pacific Corporation elected Bhavesh "Bob" V. Patel to the company's board of directors.

Patel is chief executive officer and chairman of the management board of LyondellBasell Industries. He joined LyondellBasell in March 2010. Prior to being named CEO, Patel held a variety of senior leadership roles including senior vice president, Olefins and Polyolefins – Americas; senior vice president, Olefins and Polyolefins – Europe, Asia and International, based in the Netherlands; and executive vice president, Olefins and Polyolefins – Europe, Asia and International. Patel was named CEO and chairman of the company’s management board in January 2015.

Patel is a member of the board of directors of the Greater Houston Partnership, a member of the Business Roundtable, and serves as vice chairman of the board and chairman of the executive committee of the American Chemistry Council. He is a member of the external advisory council of The Ohio State University’s College of Engineering and a member of the dean’s advisory council for the Fox School of Business at Temple University. Patel earned a BS in chemical engineering from The Ohio State University and an MBA from Temple University.

“Bob’s dedication to safety as well as his proven track record of driving increased efficiency and operational excellence will make him a valuable contributor to the company in many aspects,” said Union Pacific chairman, president and CEO Lance Fritz. “With nearly 40 percent of our freight volume originating or terminating outside the U.S., Bob’s significant international business experience will benefit Union Pacific. We are excited to welcome him to the board.”

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