Celanese Announces Kim K.W. Rucker as New Lead Independent Director
April 22 2024 - 4:00PM
Business Wire
Celanese Corporation (NYSE: CE), a global specialty materials
and chemical company, today 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. “Since joining our Board, Kim’s
wisdom, insights and engagement have been invaluable on topics
ranging from strategic acquisitions to navigating the Covid
pandemic. I’m thrilled that she will continue to bring her wealth
of expertise and leadership to Celanese as our lead independent
director,” said Lori Ryerkerk, Celanese Chair, Chief Executive
Officer and President. “I would also like to thank Bill for his
contributions over the last eight years and wish him the best in
his new role.”
“I consider it a great privilege to engage with Celanese
leadership and the Board, and I’m excited by this opportunity to
lead in an expanded way,” Ms. Rucker said. “I appreciate the
confidence of the Board and look forward to continuing to support
Celanese and drive shareholder value.”
About Kim K.W. Rucker
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.
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 are committed to sustainability by responsibly
managing the materials we create for their entire lifecycle and are
growing our portfolio of sustainable products to meet increasing
customer and societal demand. We strive to make a positive impact
in our communities and to foster inclusivity across our teams.
Celanese is a Fortune 500 company that employs approximately 12,400
employees worldwide with 2023 net sales of $10.9 billion.
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version on businesswire.com: https://www.businesswire.com/news/home/20240422300721/en/
Investor Relations Brandon Ayache +1 972 443 8509
brandon.ayache@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
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