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Bruce Chinn Elected to Celanese Board of Directors

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Celanese (NYSE: CE) has announced the election of Bruce Chinn to its Board of Directors, effective September 15, 2024. Chinn, 67, recently served as President, CEO, and Director of Chevron Phillips Chemical Company until March 2024. His addition will bring the total number of board members to eleven, with ten being independent.

Chinn's extensive experience includes leadership roles at Chevron and a career at DuPont spanning manufacturing, technical, and business leadership. He currently serves on the Board of Directors of Waste Management, Inc. (WM) and the American Institute of Chemical Engineers Foundation Board of Trustees. Celanese CEO Lori Ryerkerk praised Chinn's exceptional background and leadership experience in the global chemicals industry as valuable additions to the board.

Celanese (NYSE: CE) ha annunciato l'elezione di Bruce Chinn nel suo Consiglio di Amministrazione, con effetto dal 15 settembre 2024. Chinn, 67 anni, ha recentemente ricoperto il ruolo di Presidente, CEO e Direttore della Chevron Phillips Chemical Company fino a marzo 2024. La sua aggiunta porterà il numero totale dei membri del consiglio a undici, di cui dieci indipendenti.

La vasta esperienza di Chinn include ruoli di leadership presso Chevron e una carriera in DuPont che copre gestione della produzione, leadership tecnica e commerciale. Attualmente, è membro del Consiglio di Amministrazione di Waste Management, Inc. (WM) e del Consiglio dei fiduciari della American Institute of Chemical Engineers Foundation. Lori Ryerkerk, CEO di Celanese, ha elogiato il background eccezionale di Chinn e la sua esperienza di leadership nell'industria chimica globale come preziose aggiunte al consiglio.

Celanese (NYSE: CE) ha anunciado la elección de Bruce Chinn para su Junta Directiva, efectiva a partir del 15 de septiembre de 2024. Chinn, de 67 años, sirvió recientemente como Presidente, CEO y Director de Chevron Phillips Chemical Company hasta marzo de 2024. Su incorporación llevará el número total de miembros de la junta a once, de los cuales diez serán independientes.

La extensa experiencia de Chinn incluye roles de liderazgo en Chevron y una carrera en DuPont que abarca la producción, liderazgo técnico y empresarial. Actualmente, forma parte de la Junta Directiva de Waste Management, Inc. (WM) y del Consejo de Fideicomisarios de la American Institute of Chemical Engineers Foundation. Lori Ryerkerk, CEO de Celanese, elogió el excepcional trasfondo de Chinn y su experiencia en liderazgo en la industria química global como valiosas adiciones a la junta.

셀러니스 (NYSE: CE)는 브루스 친을 2024년 9월 15일부터 이사회에 선출했다고 발표했습니다. 67세인 친은 최근까지 2024년 3월까지 체버런 필립스 케미컬 컴퍼니의 회장, CEO 및 이사로 재직했습니다. 그의 합류로 이사회의 총원은 11명으로 늘어나며, 그 중 10명은 독립 이사가 됩니다.

친은 체버런에서의 리더십 역할과 듀폰에서의 제조, 기술, 비즈니스 리더십 경력을 포함한 방대한 경험을 보유하고 있습니다. 그는 현재 폐기물 관리 회사인 Waste Management, Inc. (WM)의 이사회 membler이며, 미국 화학 엔지니어 협회 재단의 신탁위원회에도 소속되어 있습니다. 셀러니스의 CEO 로리 라이어커크는 친의 뛰어난 배경과 글로벌 화학 산업에서의 리더십 경험이 이사회에 귀중한 추가 자산이 될 것이라고 찬사를 보냈습니다.

Celanese (NYSE: CE) a annoncé l'élection de Bruce Chinn à son conseil d'administration, effective à partir du 15 septembre 2024. Chinn, âgé de 67 ans, a récemment été président, PDG et directeur de la Chevron Phillips Chemical Company jusqu'en mars 2024. Son addition portera le nombre total de membres du conseil à onze, dont dix sont indépendants.

Le parcours riche de Chinn comprend des postes de direction chez Chevron ainsi qu'une carrière chez DuPont englobant les domaines de la production, du leadership technique et commercial. Il siège actuellement au conseil d'administration de Waste Management, Inc. (WM) et au conseil des fiduciaires de la American Institute of Chemical Engineers Foundation. Lori Ryerkerk, PDG de Celanese, a salué l'excellent parcours et l'expérience de leadership de Chinn dans le secteur chimique mondial comme des ajouts précieux au conseil.

Celanese (NYSE: CE) hat die Wahl von Bruce Chinn in seinen Vorstand bekanntgegeben, die am 15. September 2024 wirksam wird. Chinn, 67 Jahre alt, war bis März 2024 Präsident, CEO und Direktor der Chevron Phillips Chemical Company. Durch seine Ernennung wird die Gesamtzahl der Vorstandsmitglieder auf elf steigen, von denen zehn unabhängig sind.

Chinns umfassende Erfahrung umfasst Führungsrollen bei Chevron und eine Karriere bei DuPont, die Produktions-, technische und geschäftliche Leitung umfasst. Er ist derzeit Mitglied des Vorstands von Waste Management, Inc. (WM) und des Treuhandrats der American Institute of Chemical Engineers Foundation. Lori Ryerkerk, CEO von Celanese, lobte Chinns außergewöhnlichen Hintergrund und seine Führungserfahrung in der globalen Chemieindustrie als wertvolle Ergänzungen zum Vorstand.

Positive
  • Addition of experienced industry leader Bruce Chinn to the Board of Directors
  • Increased board independence with 10 out of 11 members being independent
  • Potential for fresh perspectives and strengthened leadership from Chinn's extensive industry experience
Negative
  • None.

DALLAS--(BUSINESS WIRE)-- Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced that Bruce Chinn has been elected to the company’s Board of Directors. Mr. Chinn, 67, served as President, Chief Executive Officer and a Director of Chevron Phillips Chemical Company LLC, a global petrochemical joint venture of Chevron U.S.A Inc. and Phillips 66 Company, until March 2024. He will join the Celanese Board effective September 15, 2024, bringing the total number of Board members to eleven (ten of which are independent).

Before leading Chevron Phillips Chemical, Mr. Chinn held several operations and business roles at Chevron Corporation, beginning in 2006, leading large, diverse organizations. In these roles, he focused on performance, partnership, and safety, while striving for continued success in the business and the community. Mr. Chinn began his career at DuPont in 1978, where he held positions of increasing responsibility in manufacturing, technical, commercial and business leadership at the U.S. and international level. He is a member of the Board of Directors of Waste Management, Inc. (WM) and serves on the American Institute of Chemical Engineers Foundation Board of Trustees.

Mr. Chinn holds a Bachelor of Science degree in chemical engineering from Texas A&M University.

“We could not be more pleased to welcome Bruce to the Celanese Board,” said Lori Ryerkerk, Chair, Chief Executive Officer and President, Celanese Corporation. “In addition to his exceptional manufacturing and technical background, Bruce’s longstanding leadership experience in the global chemicals industry will bring valuable depth to our Board and benefit our stakeholders.”

Mr. Chinn will stand for re-election at the 2025 Annual Meeting of Shareholders.

About Celanese

Celanese is a global leader in chemistry, producing specialty material solutions used across most major industries and consumer applications. Our businesses use our chemistry, technology and commercial expertise to create value for our customers, employees and shareholders. We support sustainability by responsibly managing the materials we create and growing our portfolio of sustainable products to meet customer and societal demand. We strive to make a positive impact in our communities and to foster inclusivity across our teams. Celanese Corporation is a Fortune 500 company that employs approximately 12,400 employees worldwide with 2023 net sales of $10.9 billion.

Investor Relations

Bill Cunningham

+1 302 999 6410

william.cunningham@celanese.com

Media Relations - Global

Brian Bianco

+1 972 443 4400

media@celanese.com

Media Relations Europe (Germany)

Petra Czugler

+49 69 45009 1206

petra.czugler@celanese.com

Source: Celanese Corporation

FAQ

When will Bruce Chinn join Celanese's Board of Directors?

Bruce Chinn will join Celanese's Board of Directors effective September 15, 2024.

What is Bruce Chinn's background in the chemical industry?

Bruce Chinn served as President, CEO, and Director of Chevron Phillips Chemical Company until March 2024. He also held leadership roles at Chevron and had a long career at DuPont in various technical and business positions.

How many members will be on Celanese's Board of Directors after Bruce Chinn joins?

After Bruce Chinn joins, Celanese's Board of Directors will have a total of eleven members, with ten being independent.

What is Celanese's stock symbol?

Celanese 's stock symbol is CE, traded on the New York Stock Exchange (NYSE).

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