Celanese Corporation Announces Board of Director Elections and Structure Changes
DALLAS--Celanese Corporation (NYSE:CE), a global hybrid chemical company, today announced that Mark C. Rohr, David N. Weidman and Chinh E. Chu were elected to serve on the Celanese board of directors. The elections were held at the company's annual meeting of shareholders today in Dallas.
Rohr, Weidman and Chu will serve on the Celanese board until the company's 2010 annual meeting of shareholders or until their successors are elected and qualified. Rohr will serve on the company's compensation committee and nominating and corporate governance committee. Chu resigned as chairman of the compensation committee and will be replaced by John K. Wulff, a member of the board of directors since August 2006.
As previously announced, Weidman was appointed chairman of the board in February 2007, replacing Chu. In addition, Benjamin J. Jenkins, senior managing director, The Blackstone Group, also resigned his Celanese board position effective today.
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 $6.7 billion in 2006, with over 60% 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 8,900 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.
Contacts
Celanese Corporation
Mark Oberle, 972-443-4464
Fax: 972-332-9373
mark.oberle@celanese.com
Web site: www.celanese.com
Rohr, Weidman and Chu will serve on the Celanese board until the company's 2010 annual meeting of shareholders or until their successors are elected and qualified. Rohr will serve on the company's compensation committee and nominating and corporate governance committee. Chu resigned as chairman of the compensation committee and will be replaced by John K. Wulff, a member of the board of directors since August 2006.
As previously announced, Weidman was appointed chairman of the board in February 2007, replacing Chu. In addition, Benjamin J. Jenkins, senior managing director, The Blackstone Group, also resigned his Celanese board position effective today.
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 $6.7 billion in 2006, with over 60% 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 8,900 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com.
Contacts
Celanese Corporation
Mark Oberle, 972-443-4464
Fax: 972-332-9373
mark.oberle@celanese.com
Web site: www.celanese.com
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