19.04.2005 15:02:00

Celanese Announces Appointments of New General Counsel, Vice President

Celanese Announces Appointments of New General Counsel, Vice President Human Resources


    Business Editors

    DALLAS--(BUSINESS WIRE)--April 19, 2005--Celanese Corporation (NYSE:CE) announced two key appointments to its senior management team, effective immediately and both located in Dallas.
    Curtis S. Shaw was appointed executive vice president, general counsel for the Americas, and corporate secretary.
    Shaw joins Celanese from Charter Communications, the nation's third largest cable company, where he has worked since 1997, and most recently served as executive vice president, general counsel and secretary. He has also held senior legal roles at Nynex, Olin, and Occidental Chemical corporations. Early in his career he worked in private practice for Shearman & Sterling and Mudge Rose Guthrie & Alexander. Shaw graduated from Trinity College, where he earned a bachelor's degree with honors in economics. He earned his juris doctorate from Columbia University School of Law.
    David A. Loeser was appointed senior vice president, Human Resources and Communications. He has a global background in strategic human resources that includes organization transformation, talent management and compensation. Most recently, Loeser was senior vice president of Human Resources for CompuCom Systems, Inc. and has also held senior leadership positions at PepsiCo, Continental Airlines and Quaker State. He holds a bachelor of science degree in management from the University of South Carolina and an M.B.A. from the University of Toledo.
    Celanese Corporation (NYSE:CE) is an integrated global producer of value-added industrial chemicals based in Dallas. The Company holds #1 or #2 market positions in products comprising the majority of its sales and has four major businesses: Chemicals Products, Technical Polymers Ticona, Acetate Products and Performance Products. Celanese has 29 production plants, with major operations in North America, Europe and Asia. In 2004, Celanese Corporation and its predecessor had combined net sales of $5.1 billion. The presentation of combined net sales of Celanese Corporation with its predecessor is not in accordance with U.S. GAAP. For more information on Celanese Corporation including a reconciliation of the combined net sales, please visit the company's web site at www.celanese.com.

--30--BD/da*

CONTACT: Celanese Corporation, Dallas USA Vance Meyer, 972-443-4847 Telefax: 972-443-8519 Vance.Meyer@celanese.com or Europe Michael Kraft, +49 69 30514072 Telefax: +49 69305 36787 M.Kraft@celanese.com or Investor Relations Andrea Stine, 908-901-4504 Telefax: 908-901-4805 A.Stine@celanese.com

KEYWORD: TEXAS INDUSTRY KEYWORD: CHEMICALS/PLASTICS LEGAL/LAW BANKING MANUFACTURING APPAREL/TEXTILES MANAGEMENT CHANGES SOURCE: Celanese Corporation

Copyright Business Wire 2005

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