0001306830-15-000173.txt : 20151203 0001306830-15-000173.hdr.sgml : 20151203 20151203092243 ACCESSION NUMBER: 0001306830-15-000173 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20151201 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20151203 DATE AS OF CHANGE: 20151203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Celanese Corp CENTRAL INDEX KEY: 0001306830 STANDARD INDUSTRIAL CLASSIFICATION: PLASTIC MATERIAL, SYNTH RESIN/RUBBER, CELLULOS (NO GLASS) [2820] IRS NUMBER: 980420726 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32410 FILM NUMBER: 151266360 BUSINESS ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 BUSINESS PHONE: 972-443-4000 MAIL ADDRESS: STREET 1: 222 W. LAS COLINAS BLVD., SUITE 900N CITY: IRVING STATE: TX ZIP: 75039-5421 FORMER COMPANY: FORMER CONFORMED NAME: Celanese CORP DATE OF NAME CHANGE: 20041102 FORMER COMPANY: FORMER CONFORMED NAME: Blackstone Crystal Holdings Capital Partners (Cayman) IV Ltd. DATE OF NAME CHANGE: 20041022 8-K 1 a20151228-kex991.htm 8-K Exhibit


Exhibit 99.1
Celanese Corporation
222 West Las Colinas Blvd.
Suite 900N
Irving, Texas 75039
News Release

William M. Brown Elected to
Celanese Corporation Board of Directors

DALLAS (December 2, 2015) — The Board of Directors of Celanese Corporation (NYSE: CE), a global technology and specialty materials company, today announced that William M. Brown has been elected to the company’s Board of Directors. Brown, 53, is chairman, president and chief executive officer of Harris Corporation and will join Celanese as a board member effective January 1, 2016.
“A respected CEO and industry leader, Bill’s background, commercial insight and experience expanding business and market access will bring new perspectives to an already strong and diverse Board of Directors,” said Mark Rohr, Celanese chairman and chief executive officer. “We look forward to his ability to help us identify intriguing new growth opportunities. His ingenuity and proven skill developing alternative strategies while enhancing margins — especially with acquisitions — is right on target to further our vision to be our customers’ first-choice chemistry solution provider.”
Brown recently guided Harris Corporation through its largest acquisition that created a stronger business with greater growth potential. Before joining Harris Corporation, Brown served in a number of executive roles at United Technologies Corporation from 1997 to 2011. Most recently, he led UTC Fire & Security, a $6.5 billion division with operations in 35 countries where he successfully completed more than 35 acquisitions creating the second largest organization in the global fire safety and electric security market. Brown also separately led the Asia Pacific Region and Transicold division for UTC’s Carrier Corporation subsidiary.
Brown currently serves on The President’s National Security Telecommunications Advisory Committee under the U.S. Department of Homeland Security. In addition to a Master of Business Administration, he has bachelor and master’s degrees in mechanical engineering and started his career as an engineer with a chemical company.
Mr. Brown’s appointment brings Celanese’s Board to ten members, of which nine are independent.
About Celanese
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. With sales almost equally divided between North America, Europe and Asia, the company uses the full breadth of its global chemistry, technology and business expertise to create value for customers and the corporation. Celanese partners with customers to solve their most critical needs while making a positive impact on its communities and the world. Based in Dallas, Texas, Celanese employs approximately 7,500 employees worldwide and had 2014 net sales of $6.8 billion. For more information about Celanese Corporation and its product offerings, visit www.celanese.com or our blog at www.celaneseblog.com.
All registered trademarks are owned by Celanese International Corporation or its affiliates.






Celanese Contacts:
Investor Relations
Media Relations
Chuck Kyrish
W. Travis Jacobsen
+1 972 443 4574
+1 972 443 3750
chuck.kyrish@celanese.com
william.jacobsen@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 or customers 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.



EX-99.1 2 a2015122form8-k.htm EXHIBIT 99.1 8-K


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 1, 2015
CELANESE CORPORATION
(Exact name of registrant as specified in its charter)
 
 
 
 
 
Delaware
 
001-32410
 
98-0420726
 
 
 
 
 
(State or other jurisdiction
of incorporation)
 
(Commission File
Number)
 
(IRS Employer
Identification No.)
222 West Las Colinas Blvd. Suite 900N, Irving, TX 75039
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (972) 443-4000

 
(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.
(d) On December 1, 2015, Board of Directors (the “Board”) of Celanese Corporation (the “Company”) increased the size of the Board from nine to ten members and elected William M. Brown as a Class II member of the Board, effective January 1, 2016, to fill the vacancy. There are no arrangements or understandings between Mr. Brown and any other person pursuant to which he was elected as a director.

Consistent with the compensation provided to all non-management directors, Mr. Brown will receive an annual director retainer fee of $100,000 in cash and $120,000 in time-vesting restricted stock units, to be pro-rated accordingly from the effective date of his election. The restricted stock units will vest in full one year from the date of grant. In addition, in accordance with Company policy, Mr. Brown will be reimbursed for actual expenses incurred on behalf of the Company.

Mr. Brown has been elected to serve on the Board until the Company's 2016 Annual Meeting of Stockholders to be held on or about April 21, 2016 at which time he will be a nominee for election by the Company's stockholders. Initially, he will serve as a member of the Audit Committee.

A copy of the press release announcing Mr. Brown's election is filed hereto as Exhibit 99.1 and incorporated by this reference.

Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
 
 
 
Description
 
 
 
99.1
 
Press Release dated December 2, 2015






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

 
By:
/s/ James R. Peacock III 
 
Name:  
James R. Peacock III 
 
Title:  
Vice President, Deputy General Counsel and Corporate Secretary 
 
 
 
 
 
Date:
December 3, 2015
 
INDEX TO EXHIBITS
Exhibit
Number
 
 
 
Description
 
 
 
99.1
 
Press Release dated December 2, 2015




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