Celanese Corporation (CE: Quote), a provider of chemical-based products, Tuesday announced the retirement of its Chief Operating Officer Doug Madden, effective March 31 next year.
Madden has been with the company for nearly 3 decades now and held various positions of importance before taking charge as COO in 2009.
Commenting on the management change, Mark Rohr, chairman and chief executive officer said, “…Across multiple departments and divisions he has helped this company excel and expand year after year. We owe him our gratitude and wish him well.”
Monday the stock closed at $39.95 on the NYSE.
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by RTT Staff Writer
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