– USA, TX – Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, announced the election of Scott Sutton to its Board of Directors effective March 1, 2025
“We are delighted to welcome Scott to the Celanese Board,” said Board chair, Ed Galante. “Scott’s operational expertise, experience driving strategic transformation and exceptional record of shareholder value creation make him an ideal addition to the Board as we oversee the execution of the Company’s strategy to drive improved growth, profitability, and value for our shareholders.”
Scott Sutton and CEO Scott Richardson will co-chair the newly formed Finance and Business Review Committee established to assist with oversight of the company’s financial position and strategy, including its efforts to further reduce costs, prioritize cash flow, accelerate deleveraging, and evaluate its portfolio of assets and business configuration.
About Scott Sutton
Scott Sutton is a proven leader with nearly 35 years of experience in the chemicals industry, most recently as the former President, CEO, and Chairman of Olin Corporation. While CEO of Olin, Scott Sutton led a strategic transformation that created substantial value for Olin’s shareholders despite macroeconomic headwinds. Before that, he served as President and CEO of Prince International Corporation and as COO of Celanese from 2017 until 2019. As COO, Scott Sutton oversaw Celanese’s leading global Engineered Materials and Acetyl Chain businesses as well as manufacturing, supply chain, procurement, M&A, and R&D operations across all regions. Earlier in his career, Scott Sutton held senior positions with Chemtura Corporation and Albemarle Corporation.
“It is an honor to join the Celanese Board, and I am excited to engage with Celanese leadership and fellow Board members to position the company for success,” said Scott Sutton. “I know Celanese to be a great company and I am confident Scott is the right leader to unlock its tremendous potential. I am glad to be a part of the Board at this important time to support Celanese and drive improved performance and shareholder value.”
Scott Sutton holds a B.S. degree in Engineering from Louisiana State 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,y 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 is a Fortune 500 company that employs more than 12,000 employees worldwide with 2023 net sales of $10.9 billion.
For more: https://www.celanese.com/
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