Chevron Phillips Chemical Company LLC announced that Carolyn Burke has joined the company as senior vice president and chief financial officer effective 13 February 2019. She will report to Mark Lashier, president and chief executive officer.
Burke previously worked for Dynegy Inc. where she held the position of executive vice president, Strategy and Administration. Burke holds a bachelor’s degree in Economics and Political Science from Wellesley College and a Master of Business Administration in Finance and Strategic Planning from the University of Chicago Booth School of Business.
Throughout her career, she has held various positions of increasing responsibility in finance and strategic roles for organizations including J.P. Morgan, NRG Energy Inc., University of Pennsylvania, Yale University and Atlantic Richfield Company (now British Petroleum).
“Carolyn brings deep knowledge and experience in strategy and finance to Chevron Phillips Chemical’s executive leadership team,” said Lashier. “Her expertise will serve the company well as we continue to pursue operational excellence, grow our business and deliver value to our stakeholders.”
Chevron Phillips Chemical Company LLC is one of the world’s top producers of olefins and polyolefins and a leading supplier of aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping and polymer resins. With approximately 5,000 employees, Chevron Phillips Chemical Company LLC and its affiliates own USD16.7 billion in assets, including 31 manufacturing and research facilities in seven countries. Chevron Phillips Chemical Company LLC is equally owned indirectly by Chevron Corporation and Phillips 66 and is headquartered in The Woodlands, Texas, U.S.A. The company plans to build a new world-scale cracker and at least one downstream unit somewhere in the U.S. Gulf Coast, though no final investment decision has been made. If the company decides to pursue the project, construction could start in the second quarter of 2020 and commercial operations could start in the third quarter of 2024.