Irving-based global specialty materials and chemical company Celanese Corp. announced that Kim K.W. Rucker is its new lead independent director.
Rucker, former EVP, general counsel, and corporate secretary for Andeavor (formerly Tesoro Corp.) and experienced corporate director, has been a member of the Celanese board since 2018. She succeeds William M. “Bill” Brown who, as previously announced, decided not to seek re-election to the board in conjunction with his appointment as the new CEO of 3M Corp.
“Since joining our board, Kim’s wisdom, insights and engagement have been invaluable on topics ranging from strategic acquisitions to navigating the Covid pandemic,” Lori Ryerkerk, Celanese chair, CEO, and president, said in a statement. “I’m thrilled that she will continue to bring her wealth of expertise and leadership to Celanese as our lead independent director. I would also like to thank Bill for his contributions over the last eight years and wish him the best in his new role.”
In connection with her election as lead independent director, Rucker stepped down as chair of the Celanese Nominating and Corporate Governance Committee, and the board appointed Ganesh Moorthy to that role, effective April 18. Rucker remains a member of the Celanese Nominating and Corporate Governance Committee and the Compensation and Management Development Committee.
Celanese said that Rucker draws from decades of public company executive leadership and board experience.
“I consider it a great privilege to engage with Celanese leadership and the board, and I’m excited by this opportunity to lead in an expanded way,” Rucker said in a statement. “I appreciate the confidence of the board and look forward to continuing to support Celanese and drive shareholder value.”
Rucker serves as an independent director at HP Inc., Marathon Petroleum Corp., and GE Vernova. She is also a member of the board of trustees at Johns Hopkins Medicine and serves on the board of the nonprofit Haven for Hope. She previously served on the board of Lennox International Inc.
Throughout her career, Rucker has shown valuable strategic, leadership, and corporate governance acumen at companies such as Andeavor, Kraft Foods Group Inc., Avon Products Inc., Energy Future Holdings Corp. and Kimberly-Clark Corp., Celanese said. She was also a partner at Sidley Austin LLP.
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