UNITED STATES
 SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
FORM 8-K
 
Current Report
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported) :   December 17, 2009
 

 
CELANESE CORPORATION
 
(Exact name of registrant as specified in its charter)
 
DELAWARE
(State or other jurisdiction of incorporation)
001-32410
(Commission File  Number)
98-0420726
(IRS Employer  Identification No.)
 
 
 
1601 West LBJ Freeway, Dallas, Texas 75234-6034
 
(Address of Principal Executive Offices) (Zip Code)
 
Registrant's telephone number, including area code: (972) 443-4000
 
Not Applicable
 (Former name or former address, if changed since last report.)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
 
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
 
On December 17, 2009, Celanese Corporation (the “Company”) announced that Douglas M. Madden was appointed Chief Operating Officer of the Company, effective December 17, 2009, and will have responsibility for all of the Company’s business operating units.  Mr. Madden, age 57, is most recently Corporate Executive Vice President and an executive officer of the Company, with responsibility for the Acetyl Intermediates and Industrial Specialties business segments and the Asia region, a position he has held since February 2009.  He was the Executive Vice President, and President, Acetate, AT Plastics and Emulsions & PVOH, from 2006 through February 2009.  Mr. Madden previously served as President of Celanese Acetate from October 2003 to 2006.  Prior to assuming leadership for Celanese Acetate, Mr. Madden served as Vice President and General Manager of the acrylates business and head of global supply chain for Celanese Chemicals from 2000 to October 2003.  Prior to 2000, Mr. Madden held various vice president level positions in finance, global procurement, and business support with the Hoechst Celanese Life Sciences Group, Celanese Fibers and Celanese Chemicals businesses.  Mr. Madden started his career with American Hoechst Corporation in 1984 as manager of corporate distribution.  Mr. Madden received a Bachelor of Science degree in business administration from the University of Illinois.
 
There is no arrangement or understanding between Mr. Madden and any other persons pursuant to which he was appointed Chief Operating Officer of the Company, and there is no family relationship between Mr. Madden and any directors or executive officers of the Company.  Mr. Madden is not currently engaged, and has not during the last fiscal year been engaged, in any transactions with the Company or its subsidiaries that are required to be disclosed under Item 404(a) of Regulation S-K, nor have any such transactions been proposed.  In connection with Mr. Madden’s promotion, the Company plans to adjust his compensation arrangements.  A summary of the changes to Mr. Madden’s compensation arrangements will be subsequently filed with the Securities and Exchange Commission.
 
On December 17, 2009, the Company also announced that Sandra Beach Lin, Corporate Executive Vice President and a named executive officer of the Company, will move from her oversight responsibility for the Advanced Engineered Materials and Consumer Specialties business segments and the European region to a leadership role driving the Company’s strategies and activities related to corporate social responsibility and sustainability globally, also effective December 17, 2009.

Item 8.01
Other Events.
                      
In a press release dated December 17, 2009, attached as Exhibit 99.1, the Company announced that Douglas M. Madden was appointed Chief Operating Officer of the Company, and that Sandra Beach Lin will move to a leadership role driving the Company’s strategies and activities related to corporate social responsibility and sustainability globally, each effective December 17, 2009.
 
Item 9.01
Financial Statements and Exhibits.
 
(d) Exhibit(s)
 
       Exhibit Number
Description
        99.1
Press Release dated December 17, 2009
   
 
 
 
Page 1


 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 

 
  CELANESE CORPORATION  
       
Date:  December 17, 2009
By:
/s/ Gjon N. Nivica, Jr.  
    Name:  Gjon N. Nivica, Jr.  
    Title:    Senior Vice President, General Counsel
             and Corporate Secretary
 
       

 
 
 
 
 

Page 2

 

 
Exhibit Index
 

 
    Exhibit Number
Description
            99.1
Press Release dated December 17, 2009
   

 

 
Page 3
 

EXHIBIT 99.1
 

Celanese Appoints Douglas Madden Chief Operating Officer; Lin to Lead Corporate Social Responsibility
 
DALLAS, December 17, 2009 – Celanese Corporation (NYSE: CE), a leading, global chemical company, today announced a restructuring of executive officer positions designed to accelerate productivity, growth and innovation in all its business segments. Douglas M. Madden has been appointed chief operating officer effective Dec. 17, 2009, and will have responsibility for all of the company’s business operating units. Madden most recently served as the corporate executive vice president with responsibility for the Acetyl Intermediates and Industrial Specialties business segments, as well as the Asia Region. Sandra Beach Lin, corporate executive vice president, will move from her oversight responsibility of the Advanced Engineered Materials and Consumer Specialties business segments and the European region to a leadership role driving the company’s strategies and activities related to corporate social responsibility and sustainability globally.

“These changes best position the company to accelerate the achievement of our strategic objectives, allowing us to build on our advantaged positions, enhance regional growth and drive innovation,” said Dave Weidman, chairman and chief executive officer.

####

About Celanese
As a global leader in the chemicals industry, Celanese Corporation makes products essential to everyday living. Our products, found in consumer and industrial applications, are manufactured in North America, Europe and Asia. Net sales totaled $6.8 billion in 2008, with approximately 65% generated outside of North America. Known for operational excellence and execution of its business strategies, Celanese delivers value to customers around the globe with innovations and best-in-class technologies. Based in Dallas, Texas, the company employs approximately 8,000 employees worldwide. For more information on Celanese Corporation, please visit the company's website at www.celanese.com .

Forward-Looking Statements
This release may contain “forward-looking statements,” which include information concerning the company’s plans, objectives, goals, strategies, future revenues or performance, capital expenditures, financing needs and other information that is not historical information.  When used in this release, the words “outlook,” “forecast,” “estimates,” “expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” and variations of such words or similar expressions are intended to identify forward-looking statements.  All forward-looking statements are based upon current expectations and beliefs and various assumptions.  There can be no assurance that the company will realize these expectations or that these beliefs will prove correct.  There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements contained in this release.  Numerous factors, many of which are beyond the company’s control, could cause actual results to differ materially from those expressed as forward-looking statements.  Other risk factors include those that are discussed in the company’s filings with the Securities and Exchange Commission.  Any forward-looking statement speaks only as of the date on which it is made, and the company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.
 
 
Contacts:
Investor Relations
Mark Oberle
Phone: +1 972 443 4464 
Telefax: +1 972 332 9373 
Mark.Oberle@celanese.com                                                        
 
 
Media – Americas
Travis Jacobsen
Phone: +1 972 443 3750
Telefax: +1 972 443 8519
William.Jacobsen@celanese.com          
 
 
Media – Europe
Jens Kurth
Phone: +49-(0) 6107-772-1574
Telefax: +49-(0) 6107-772-7231
J.Kurth@celanese.com