This week in investor relations sees Celanese Corporation name Chuck Kyrish as its new senior vice president and chief financial officer (CFO).
Kyrish, who is currently vice president of corporate finance, has been with the chemical production company for more than 17 years, spending four of them as vice president of investor relations.
‘Chuck has been an instrumental leader in our finance organization for many years and is fully prepared to lead us in the continued execution of our deleveraging plan,’ says Lori Ryerkerk, chair and CEO at Celanese.
Kyrish’s appointment is one of many changes to the executive leadership team announced this week at Celanese, including Scott Richardson moving to the role of executive vice president and chief operating officer.
‘The purpose behind these new appointments within our [executive leadership team] is to enhance the alignment of our individual strengths and experience to the value-enhancing opportunities at Celanese,’ Ryerkerk adds.
Elsewhere, James Caulfield has taken on a new role at multinational food, snack and beverage corporation PepsiCo. He has been appointed to the role of executive vice president and CFO, taking over from Hugh Johnston who is leaving the firm after 34 years of service to join the Walt Disney Company as CFO.
Caulfield is currently senior vice president and CFO of PepsiCo foods in North America. During his 30-year career, he was also vice president of investor relations from 2011 to 2019.
Commenting on Caulfield’s appointment, Ramon Laguarta, PepsiCo’s chairman and CEO, says: ‘We are fortunate to have someone of Jamie’s caliber and experience already within PepsiCo and ready to take on the role.
‘His experience within the company is as deep as it is broad and he has touched all aspects of our business in the last 30 years. The continuity Jamie will bring to the high-performing finance function coupled with his relentless attention to detail and commitment to PepsiCo is evidence that we have the right person for the job. I could not be more pleased to be announcing his appointment today.’