Celanese Corp. Announces Director Changes and Executive Appointments

Ticker: CE · Form: 8-K · Filed: 2025-02-14T00:00:00.000Z

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

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).

From the Filing

0001104659-25-013554.txt : 20250214 0001104659-25-013554.hdr.sgml : 20250214 20250214091927 ACCESSION NUMBER: 0001104659-25-013554 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250213 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250214 DATE AS OF CHANGE: 20250214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Celanese Corp CENTRAL INDEX KEY: 0001306830 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 980420726 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32410 FILM NUMBER: 25623843 BUSINESS ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 BUSINESS PHONE: 972-443-4000 MAIL ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 FORMER COMPANY: FORMER CONFORMED NAME: Celanese CORP DATE OF NAME CHANGE: 20041102 FORMER COMPANY: FORMER CONFORMED NAME: Blackstone Crystal Holdings Capital Partners (Cayman) IV Ltd. DATE OF NAME CHANGE: 20041022 8-K 1 tm256247d1_8k.htm FORM 8-K false 0001306830 0001306830 2025-02-13 2025-02-13 0001306830 us-gaap:CommonStockMember 2025-02-13 2025-02-13 0001306830 CE:SeniorUnsecuredNotesDue2025Member 2025-02-13 2025-02-13 0001306830 CE:SeniorUnsecuredNotesDue2026Member 2025-02-13 2025-02-13 0001306830 CE:SeniorUnsecuredNotesDue2027Member 2025-02-13 2025-02-13 0001306830 CE:SeniorUnsecuredNotesDue2028Member 2025-02-13 2025-02-13 0001306830 CE:SeniorUnsecuredNotesDue2029Member 2025-02-13 2025-02-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM  8-K   CURRENT REPORT  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 14, 2025  ( February 13, 2025 )   CELANESE CORPORATION  (Exact name of registrant as specified in its charter)   Delaware   001-32410   98-0420726 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   222 West Las Colinas Blvd. Suite 900N , Irving , TX 75039 (Address of Principal Executive Offices) (Zip Code)   Registrant's telephone number, including area code: ( 972 ) 443-4000   N/A (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨        Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))    Securities registered pursuant to Section 12(b) of the Act:   Title of Each Class Trading Symbol(s)  Name of Each Exchange on Which Registered Common Stock, par value $0.0001 per share CE The New York Stock Exchange 1.250% Senior Notes due 2025 CE /25 The New York Stock Exchange 4.777% Senior Notes due 2026 CE /26A The New York Stock Exchange 2.125% Senior Notes due 2027 CE /27 The New York Stock Exchange 0.625% Senior Notes due 2028 CE /28 The New York Stock Exchange

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