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Posted 14 March, 2024

Celanese Corp appointed new CEO

CEO Change detected for ticker NYSE:CE in a 8-K filed on 14 March, 2024.


  On March 12, 2024, William M. Brown notified the Board of Directors (the "Board") of Celanese Corporation (the "Company") that, given the anticipated responsibilities and time commitment associated with his appointment as Chief Executive Officer of 3M Company, he has decided not to stand for re-election at the Company's 2024 Annual Meeting of Shareholders.  

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Overview of Celanese Corp
Basic Materials/Resources • Chemicals
Celanese Corp. engages in the provision of technology and specialty materials businesses. It operates through the following segments: Engineered Materials, Acetate Tow, Acetyl Chain and Other Activities. The Engineered Materials segment includes the engineered materials business, food ingredients business and certain strategic affiliates. The Acetate Tow segment serves consumer-driven applications and is a global producer and supplier of acetate tow and acetate flake used in filter products applications. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers and ethylene vinyl acetate (EVA) polymers businesses, based on similar products, production processes, classes of customers and selling and distribution practices as well as economic similarities over a normal business cycle. The Other Activities segment consists of corporate center costs, including administrative activities such as finance, information technology and human resource functions, interest income and expenses associated with financing activities. The company was founded by Camille Dreyfus and Henri Dreyfus in 1918 and is headquartered in Irving, TX.
Market Cap
$5.94B
View Company Details
Celanese Corp by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


On March 12, 2024, William M. Brown notified the Board of Directors (the "Board") of Celanese Corporation (the "Company") that, given the anticipated responsibilities and time commitment associated with his appointment as Chief Executive Officer of 3M Company, he has decided not to stand for re-election at the Company's 2024 Annual Meeting of Shareholders. Mr. Brown will continue to serve on the Board until the Company's 2024 Annual Meeting of Shareholders. Mr. Brown's decision not to stand for re-election follows over eight years of service on the Board and various Board committees, and is not the result of any disagreement with the Company on any matter related to the Company's operations, policies, or practices. The Board and the Company are grateful for Mr. Brown's service as a director and wish him well in his new role. 


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