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| 8-K - FORM 8-K DIRECTOR ELECTION - Celanese Corp | form8k_directorelection.htm |
EXHIBIT
99.1
Celanese
Appoints Douglas Madden Chief Operating Officer; Lin to Lead Corporate Social
Responsibility
DALLAS, December 17, 2009 –
Celanese Corporation (NYSE: CE), a leading, global chemical company, today
announced a restructuring of executive officer positions designed to accelerate
productivity, growth and innovation in all its business segments. Douglas M.
Madden has been appointed chief operating officer effective Dec. 17, 2009, and
will have responsibility for all of the company’s business operating units.
Madden most recently served as the corporate executive vice president with
responsibility for the Acetyl Intermediates and Industrial Specialties business
segments, as well as the Asia Region. Sandra Beach Lin, corporate executive vice
president, will move from her oversight responsibility of the Advanced
Engineered Materials and Consumer Specialties business segments and the European
region to a leadership role driving the company’s strategies and activities
related to corporate social responsibility and sustainability
globally.
“These
changes best position the company to accelerate the achievement of our strategic
objectives, allowing us to build on our advantaged positions, enhance regional
growth and drive innovation,” said Dave Weidman, chairman and chief executive
officer.
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About
Celanese
As
a global leader in the chemicals industry, Celanese Corporation makes products
essential to everyday living. Our products, found in consumer and industrial
applications, are manufactured in North America, Europe and Asia. Net sales
totaled $6.8 billion in 2008, with approximately 65% generated outside of North
America. Known for operational excellence and execution of its business
strategies, Celanese delivers value to customers around the globe with
innovations and best-in-class technologies. Based in Dallas, Texas, the company
employs approximately 8,000 employees worldwide. For more information on
Celanese Corporation, please visit the company's website at www.celanese.com.
Forward-Looking
Statements
This
release may contain “forward-looking statements,” which include information
concerning the company’s plans, objectives, goals, strategies, future revenues
or performance, capital expenditures, financing needs and other information that
is not historical information. When used in this release, the words
“outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,”
“plans,” “intends,” “believes,” and variations of such words or similar
expressions are intended to identify forward-looking statements. All
forward-looking statements are based upon current expectations and beliefs and
various assumptions. There can be no assurance that the company will
realize these expectations or that these beliefs will prove correct. There
are a number of risks and uncertainties that could cause actual results to
differ materially from the forward-looking statements contained in this release.
Numerous factors, many of which are beyond the company’s control, could
cause actual results to differ materially from those expressed as
forward-looking statements. Other risk factors include those that are
discussed in the company’s filings with the Securities and Exchange Commission.
Any forward-looking statement speaks only as of the date on which it is
made, and the company undertakes no obligation to update any forward-looking
statements to reflect events or circumstances after the date on which it is made
or to reflect the occurrence of anticipated or unanticipated events or
circumstances.
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Contacts:
Investor
Relations
Mark
Oberle
Phone:
+1 972 443 4464
Telefax:
+1 972 332 9373
Mark.Oberle@celanese.com
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Media –
Americas
Travis
Jacobsen
Phone: +1
972 443 3750
Telefax:
+1 972 443 8519
William.Jacobsen@celanese.com
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Media –
Europe
Jens
Kurth
Phone:
+49-(0) 6107-772-1574
Telefax:
+49-(0) 6107-772-7231
J.Kurth@celanese.com
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