MOSCOW (MRC) -- Celanese Corporation has announced that chief financial officer, Chris Jensen, has tendered his resignation after a successful 12 years with the company to spend time with his family and commence the next chapter of his career. He will be succeeded as CFO by Scott Richardson, currently Senior Vice President, Engineered Materials, effective as of 19 February, as per the company's press release.
"We are thankful for the many years of service and leadership Chris has given to Celanese," said Chairman and CEO Mark Rohr. "Chris has been instrumental to the Company's success and his actions to oversee transformative change at the Company. We understand and support Chris' decision and wish him and his family the very best."
Richardson joined Celanese in 2005 and held a variety of roles at the Company including Vice President and General Manager of Acetyls, and his most recent role as Senior Vice President, Engineered Materials.
"I am excited for this opportunity to lead Celanese forward and want to thank Chris for his leadership and partnership over the years. I am grateful to be able to benefit from his experience," said Richardson.
Rohr continued, "I believe that with Scott's extensive industry knowledge and experience, coupled with his proven abilities as a global leader, he will build on Chris' record of success and continue to deliver solid results."
As MRC wrote before, Celanese Corporation increased list and off-list selling prices for Vinyl Acetate Monomer (VAM) sold in Europe, the Middle East and the Americas. The price increases below were effective February 1, 2018, or as contracts otherwise allow, and are incremental to any previously announced increases:
- by EUR50/mt - for Europe and the Middle East;
- by USD0.05/lb - for USA and Canada;
- by USD100/mt - for Mexico and South America.
Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC