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Celanese director Scott Sutton resigns for external CEO role

Story Highlights
  • Celanese director Scott Sutton resigned January 4, 2026 to become CEO of Rayonier Advanced Materials.
  • Celanese stresses amicable board change and ongoing strategic progress toward growth and deleveraging.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Celanese director Scott Sutton resigns for external CEO role

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Celanese ( (CE) ) has shared an update.

On January 4, 2026, Celanese Corporation announced that Scott M. Sutton resigned from its Board of Directors as he assumes the role of Chief Executive Officer at Rayonier Advanced Materials Inc., with the company formally disclosing the move in a January 6, 2026 press release. Celanese’s leadership emphasized that Sutton’s departure was amicable, not stemming from any disagreement over operations or policies, and highlighted his contributions to board oversight and the company’s strategic progress on deleveraging, cost improvements and positioning for top-line growth, signaling continued confidence in the remaining board’s ability to drive long-term shareholder value.

The most recent analyst rating on (CE) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on Celanese stock, see the CE Stock Forecast page.

Spark’s Take on CE Stock

According to Spark, TipRanks’ AI Analyst, CE is a Neutral.

Celanese’s overall stock score reflects significant financial challenges, including declining profitability and high leverage, which weigh heavily on the score. Technical indicators and strategic initiatives from the earnings call provide some positive outlook, but valuation concerns and current market conditions suggest a cautious approach.

To see Spark’s full report on CE stock, click here.

More about Celanese

Celanese Corporation is a global leader in chemistry and specialty material solutions used across major industries and consumer applications. The Fortune 500 company leverages its chemistry, technology and commercial expertise to create value for customers, employees and shareholders, while emphasizing sustainability, community impact and inclusivity. Celanese reported 2024 net sales of $10.3 billion and employs more than 11,000 people worldwide.

Average Trading Volume: 2,010,279

Technical Sentiment Signal: Sell

Current Market Cap: $4.66B

See more insights into CE stock on TipRanks’ Stock Analysis page.

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