Thursday, Celanese Corp. (CE) appointed Douglas Madden as chief operating officer effective December 17. In this position, he will have responsibility for all of the company's business operating units. Madden most recently served as the corporate executive vice president with responsibility for the Acetyl Intermediates and Industrial Specialties business segments, as well as the Asia Region.
The company said Sandra Beach Lin, corporate executive vice president, will move from her oversight responsibility of the Advanced Engineered Materials and Consumer Specialties business segments and the European region to a leadership role driving the company's strategies and activities related to corporate social responsibility and sustainability globally.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.