HOECHST NAMES KENNEDY PRESIDENT
SOMERVILLE, N.J. — Hoechst Celanese Corp. said Monday that it has named Thomas F. Kennedy president, effective Jan. 1.
Kennedy succeeds Karl Engels, who will become chief executive officer of Wacker Chemie, a Munich-based chemical subsidiary of Hoechst Group, the parent company of Hoechst Celanese.
Kennedy, currently executive vice president of Hoechst, will retain his responsibilities as head of Hoechst’s global basic chemicals division, a post he has held since the beginning of this year.
Kennedy joined the company in 1966 as a sales trainee and has held a variety of sales, marketing and management posts, becoming executive vice president of Hoechst in 1992.