Celanese Corporation announced Kim K.W. Rucker as its new lead independent director effective April 18, 2024. Ms. Rucker, former Executive Vice President, General Counsel and Corporate Secretary for Andeavor (formerly Tesoro Corp.) and experienced corporate director, has been a member of the Celanese Board of Directors since 2018. She succeeds William M. ?Bill? Brown who, as previously announced, decided not to seek re-election to the Board in conjunction with his appointment as the new Chief Executive Officer of 3M Corporation. In connection with Ms. Rucker?s election as lead independent director, she stepped down as Chair of the Celanese Nominating and Corporate Governance Committee, and the Board appointed Ganesh Moorthy to that role, effective April 18, 2024. Ms. Rucker remains a member of the Celanese Nominating and Corporate Governance Committee and the Compensation and Management Development Committee. Ms. Rucker draws from decades of public company executive leadership and board experience.Ms. Rucker serves as an independent director at HP Inc., Marathon Petroleum Corporation and GE Vernova. She is also a member of the board of trustees at Johns Hopkins Medicine and serves on the board of the nonprofit Haven for Hope. She previously served on the board of directors of Lennox International Inc.
Throughout her career, Ms. Rucker has demonstrated valuable strategic, leadership and corporate governance acumen at companies such as Andeavor, Kraft Foods Group Inc., Avon Products Inc., Energy Future Holdings Corp. and Kimberly-Clark Corporation. Ms. Rucker was also a Partner at Sidley Austin LLP. Ms. Rucker earned a B.B.A. in Economics from the University of Iowa, a J.D. from Harvard Law School, and a Master in Public Policy from the John F. Kennedy School of Government at Harvard University.
Celanese Corporation is a global chemical and specialty materials company. It is a producer of engineered polymers that are used in a variety of applications. Its segments include Engineered Materials and Acetyl Chain. The Engineered Materials segment includes the engineered materials business and certain strategic affiliates. The Engineered Materials business develops, produces and supplies a portfolio of high-performance specialty polymers for automotive and medical applications, as well as industrial products and consumer electronics. The Acetyl Chain segment includes the integrated chain of intermediate chemistry, emulsion polymers, ethylene vinyl acetate polymers, redispersible powders (RDP), and acetate tow businesses. Its intermediate chemistry business produces and supplies acetyl products, including acetic acid, vinyl acetate monomer, acetic anhydride and acetate esters. It also produces organic solvents and intermediates for pharmaceutical, agricultural and chemical products.
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