029 Group SE

Board/Management Information • Sep 7, 2001

News Details

Corporate | 7 September 2001 14:44

Celanese AG english

Corporate-news announcement sent by DGAP. The sender is solely responsible for the contents of this announcement. ——————————————————————————– Edward H. Munoz, Member of the Board of Management of Celanese AG, to leave the company at the end of 2001 David N. Weidman, Member of the Board of Management of Celanese AG, appointed Chief Operating Officer Celanese AG announced today Edward H. Munoz member of the Board of Management of Celanese AG and Chief Executive Officer of Ticona Technical Polymers, will depart at the end of the year to join Munoz Investment Banking Group, a US investment and consulting firm headed by his brother George Munoz. Mr. Edward Munoz will be a Senior Partner with responsibility for technology and emerging markets. Over his 30 year career with Celanese and Hoechst, Mr. Munoz has held various key assignments in the U.S., Mexico and Germany. Since 1999, Mr. Munoz has positioned Ticona for growth and leadership in the engineering resins industry. We will miss Eds entrepreneurial thinking and acting in creating value for our shareholders. He will be fulfilling his long-term objective by joining his brother in his business. We wish him lots of luck and success, said Claudio Sonder, Chairman of the Board of Management and Chief Executive Officer of Celanese AG. David N. Weidman, member of the Board of Management, has been appointed Chief Operating Officer of Celanese AG effective January 1, 2002. His responsibilities will comprise Celanese Chemicals and Ticona Technical Polymers. Stefan Sommer, currently Chief Operating Officer of Ticona, will run Ticona as of January 1, 2002 and will report to David Weidman. For further information on Celanese please visit our website: http://www.celanese.com end of message, (c)DGAP 07.09.2001