Celanese Corp. Announces Director Changes and Executive Appointments
Ticker: CE · Form: 8-K · Filed: Feb 14, 2025 · CIK: 1306830
| Field | Detail |
|---|---|
| Company | Celanese CORP (CE) |
| Form Type | 8-K |
| Filed Date | Feb 14, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, governance, executive-compensation
Related Tickers: CE
TL;DR
Celanese shakes up board and exec team, new director Stansbury in, McGarry out.
AI Summary
Celanese Corp. announced on February 13, 2025, the departure of director Michael J. McGarry and the election of new director, Christopher J. Stansbury. The company also appointed new officers and disclosed compensatory arrangements for certain executives. This filing also includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive leadership can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance changes and executive appointments, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Celanese Corp. (company) — Filer
- Michael J. McGarry (person) — Departing Director
- Christopher J. Stansbury (person) — Newly Elected Director
- 20250213 (date) — Report Date
FAQ
Who has departed from the Celanese Corp. board of directors?
Michael J. McGarry has departed from the Celanese Corp. board of directors as of February 13, 2025.
Who has been elected as a new director to Celanese Corp.'s board?
Christopher J. Stansbury has been elected as a new director to Celanese Corp.'s board.
What other information is included in this 8-K filing?
This 8-K filing also includes information regarding the appointment of certain officers and compensatory arrangements for certain officers, as well as financial statements and exhibits.
When was this 8-K filing submitted?
This 8-K filing was submitted on February 14, 2025, reporting events as of February 13, 2025.
What is the primary SIC code for Celanese Corp.?
The primary SIC code for Celanese Corp. is 2820, which corresponds to PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS).
Filing Stats: 790 words · 3 min read · ~3 pages · Grade level 11.5 · Accepted 2025-02-14 09:19:27
Key Financial Figures
- $0.0001 — ch Registered Common Stock, par value $0.0001 per share CE The New York Stock Excha
Filing Documents
- tm256247d1_8k.htm (8-K) — 39KB
- tm256247d1_ex99-1.htm (EX-99.1) — 13KB
- tm256247d1_ex99-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-25-013554.txt ( ) — 301KB
- ce-20250213.xsd (EX-101.SCH) — 4KB
- ce-20250213_def.xml (EX-101.DEF) — 28KB
- ce-20250213_lab.xml (EX-101.LAB) — 39KB
- ce-20250213_pre.xml (EX-101.PRE) — 27KB
- tm256247d1_8k_htm.xml (XML) — 10KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) The following exhibits are being furnished herewith: Exhibit Number Description 99.1 Press Release dated February 14, 2025 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document contained in Exhibit 101)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CELANESE CORPORATION Date: February 14, 2025 By: /s/ Ashley B. Duffie Name: Ashley B. Duffie Title: Senior Vice President, General Counsel and Corporate Secretary