David Hoffmeister - Celanese Lead Independent Director

CE Stock  USD 75.00  2.10  2.88%   

Director

Mr. David F. Hoffmeister is an Independent Director of the Company. Mr. Hoffmeister served as the Senior Vice President and Chief Financial Officer of Life Technologies Corporationrationration, a global life sciences company, prior to its acquisition by Fisher Scientific Inc. in February 2014. From October 2004 to November 2008, he served as Chief Financial Officer of Invitrogen Corporationrationration, which merged with Applied Biosystems in November 2008 to form Life Technologies Corporationrationration. Before joining Invitrogen, Mr. Hoffmeister spent 20 years with McKinsey Company as a senior partner serving clients in the healthcare, private equity and chemical industries on issues of strategy and organization. From 1998 to 2003, Mr. Hoffmeister was the leader of McKinseys North American chemical practice. Mr. Hoffmeister serves as a director of Glaukos Corporation and member of the audit committee. since 2016.
Age 66
Tenure 8 years
Address 222 West Las Colinas Boulevard, Irving, TX, United States, 75039-5421
Phone972 443 4000
Webhttps://www.celanese.com
Hoffmeister served as the Senior Vice President and Chief Financial Officer of Life Technologies Corporationrationrationration, a global life sciences company, prior to its acquisition by Fisher Scientific Inc. in February 2014. From October 2004 to November 2008, he served as Chief Financial Officer of Invitrogen Corporationrationrationration, which merged with Applied Biosystems in November 2008 to form Life Technologies Corporationrationrationration. Before joining Invitrogen, Mr. Hoffmeister spent 20 years with McKinsey & Company as a senior partner serving clients in the healthcare, private equity and chemical industries on issues of strategy and organization. From 1998 to 2003, Mr. Hoffmeister was the leader of McKinsey’s North American chemical practice.

Celanese Management Efficiency

The company has Return on Asset (ROA) of 0.027 % which means that for every $100 of assets, it generated a profit of $0.027. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.151 %, which means that it produced $0.151 on every 100 dollars invested by current stockholders. Celanese's management efficiency ratios could be used to measure how well Celanese manages its routine affairs as well as how well it operates its assets and liabilities. As of November 22, 2024, Return On Tangible Assets is expected to decline to 0.06. In addition to that, Return On Capital Employed is expected to decline to 0.07. At present, Celanese's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 285.6 M, whereas Non Currrent Assets Other are forecasted to decline to about 329.6 M.
Celanese reports 14.1 B of total liabilities with total debt to equity ratio (D/E) of 0.78, which is normal for its line of buisiness. Celanese has a current ratio of 1.69, which is generally considered normal. Note however, debt could still be an excellent tool for Celanese to invest in growth at high rates of return.

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Celanese Corporation, a technology and specialty materials company, manufactures and sells high performance engineered polymers in the United States and internationally. Celanese Corporation was founded in 1918 and is headquartered in Irving, Texas. Celanese Corp operates under Chemicals classification in the United States and is traded on New York Stock Exchange. It employs 8500 people. Celanese (CE) is traded on New York Stock Exchange in USA. It is located in 222 West Las Colinas Boulevard, Irving, TX, United States, 75039-5421 and employs 12,400 people. Celanese is listed under Specialty Chemicals category by Fama And French industry classification.

Management Performance

Celanese Leadership Team

Elected by the shareholders, the Celanese's board of directors comprises two types of representatives: Celanese inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Celanese. The board's role is to monitor Celanese's management team and ensure that shareholders' interests are well served. Celanese's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Celanese's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kim Rucker, Independent Director
Deborah Kissire, Independent Director
Aaron Mcgilvray, Vice President and Chief Accounting Officer, Principal Accounting officer
Anne Puckett, Executive Officer
Michael Sullivan, Deputy President
John Fotheringham, Senior Vice President - Acetyls
John Wulff, Independent Director
Brandon Ayache, Vice Relations
Mark Murray, Senior Acetyls
Lori Ryerkerk, Chairman of the Board, President, Chief Executive Officer
Thomas Kelly, Senior Vice President - Engineered Materials
Vanessa Dupuis, Chief Human Resource Officer, Senior Vice President
A Puckett, Senior Vice President, General Counsel, Corporate Secretary
William Brown, Lead Independent Director
Jay Ihlenfeld, Independent Director
Lynne Puckett, Senior Vice President General Counsel, Corporate Secretary
Jon Mortimer, Senior Manufacturing
Todd Elliott, Senior Vice President Acetyls
David Hoffmeister, Lead Independent Director
Shannon Jurecka, Chief Human Resource Officer, Senior Vice President
William Cunningham, Vice Relations
Edward Galante, Lead Independent Director
Lori BS, President Chairman
Jean Blackwell, Independent Director
Rahul Ghai, Independent Director
Chuck Kyrish, IR Contact Officer
Scott Richardson, Executive Vice President, Chief Financial Officer
Anne JD, Executive Officer
Benita Casey, Chief Accounting Officer, Principal Accounting Officer
Michael Koenig, Independent Director
Sameer Purao, Senior Officer
Ashley Duffie, Senior Counsel
Kathryn Hill, Independent Director

Celanese Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Celanese a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Celanese. If investors know Celanese will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Celanese listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.88)
Dividend Share
2.8
Earnings Share
10.04
Revenue Per Share
95.989
Quarterly Revenue Growth
(0.03)
The market value of Celanese is measured differently than its book value, which is the value of Celanese that is recorded on the company's balance sheet. Investors also form their own opinion of Celanese's value that differs from its market value or its book value, called intrinsic value, which is Celanese's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Celanese's market value can be influenced by many factors that don't directly affect Celanese's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Celanese's value and its price as these two are different measures arrived at by different means. Investors typically determine if Celanese is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Celanese's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.