DALLAS - Celanese Corporation (NYSE: NYSE:CE), a global player in the chemical and specialty materials industry, has announced the addition of Timothy Go to its Board of Directors. Mr. Go's appointment is effective immediately, expanding the board to twelve members, with eleven serving independently.
Timothy Go, 57, currently holds the position of President, CEO, and Board Member at HF Sinclair Corporation, an independent energy company known for its production and marketing of high-value light products.
With a career spanning various leadership roles, Go's experience includes serving as HF Sinclair's President and COO, and prior to that, as Executive Vice President and COO. His industry background is further solidified by his tenure as CEO at Calumet Specialty Products (NASDAQ:CLMT) Partners and his time in operational leadership roles at Koch Industries and ExxonMobil (NYSE:XOM) Corporation.
Go's educational qualifications include a B.S. in Chemical Engineering from the University of Texas at Austin. His expertise is expected to contribute significantly to Celanese's board, particularly in areas such as operational manufacturing excellence, mergers and acquisitions, and strategic transformation.
Lori Ryerkerk, Chair, CEO, and President of Celanese, expressed enthusiasm for Go's joining, highlighting his leadership experience and the valuable perspective he brings to the company. She emphasized the importance of his skills as Celanese navigates the complexities of the manufacturing environment.
Go is set to stand for re-election at the Celanese 2024 Annual Meeting of Shareholders. Celanese, recognized as a Fortune 500 company, operates globally with a workforce of approximately 12,400 employees and reported net sales of $10.9 billion for 2023.
The company is committed to sustainability and inclusivity, focusing on the lifecycle management of its materials and expanding its portfolio of sustainable products to meet growing demands.
This board appointment is based on a press release statement from Celanese Corporation.
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