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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.