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Celanese ( (CE) ) has shared an update.
Celanese Corporation announced a leadership change with the appointment of Todd Elliott as Senior Vice President of Engineered Materials, effective February 3, 2025. Elliott, who previously held various leadership roles at Celanese, will replace Thomas Kelly, who will assist in the transition until March 10, 2025. This leadership change is expected to enhance operational efficiency and strengthen Celanese’s competitive position, driving growth and profitability. The move reflects the company’s strategic focus on reducing costs, optimizing its capital structure, and delivering value to employees, customers, and shareholders.
More about Celanese
Celanese is a global leader in chemistry, producing specialty material solutions used across major industries and consumer applications. As a Fortune 500 company, Celanese employs around 12,400 employees globally and reported net sales of $10.9 billion in 2023. The company focuses on sustainability and aims to positively impact communities while fostering inclusivity across its teams.
YTD Price Performance: 3.79%
Average Trading Volume: 2,532,773
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.76B
See more data about CE stock on TipRanks’ Stock Analysis page.
