Eastman Chemical Management
Management criteria checks 3/4
Eastman Chemical's CEO is Mark Costa, appointed in Jan 2014, has a tenure of 10.42 years. total yearly compensation is $17.60M, comprised of 7.7% salary and 92.3% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth R$207.93M. The average tenure of the management team and the board of directors is 3 years and 9.7 years respectively.
Key information
Mark Costa
Chief executive officer
US$17.6m
Total compensation
CEO salary percentage | 7.7% |
CEO tenure | 10.4yrs |
CEO ownership | 0.3% |
Management average tenure | 3yrs |
Board average tenure | 9.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$925m |
Dec 31 2023 | US$18m | US$1m | US$894m |
Sep 30 2023 | n/a | n/a | US$585m |
Jun 30 2023 | n/a | n/a | US$708m |
Mar 31 2023 | n/a | n/a | US$692m |
Dec 31 2022 | US$17m | US$1m | US$793m |
Sep 30 2022 | n/a | n/a | US$1b |
Jun 30 2022 | n/a | n/a | US$1b |
Mar 31 2022 | n/a | n/a | US$818m |
Dec 31 2021 | US$18m | US$1m | US$857m |
Sep 30 2021 | n/a | n/a | US$511m |
Jun 30 2021 | n/a | n/a | US$321m |
Mar 31 2021 | n/a | n/a | US$494m |
Dec 31 2020 | US$14m | US$1m | US$478m |
Sep 30 2020 | n/a | n/a | US$472m |
Jun 30 2020 | n/a | n/a | US$577m |
Mar 31 2020 | n/a | n/a | US$808m |
Dec 31 2019 | US$15m | US$1m | US$759m |
Sep 30 2019 | n/a | n/a | US$767m |
Jun 30 2019 | n/a | n/a | US$913m |
Mar 31 2019 | n/a | n/a | US$999m |
Dec 31 2018 | US$16m | US$1m | US$1b |
Sep 30 2018 | n/a | n/a | US$2b |
Jun 30 2018 | n/a | n/a | US$1b |
Mar 31 2018 | n/a | n/a | US$1b |
Dec 31 2017 | US$14m | US$1m | US$1b |
Compensation vs Market: Mark's total compensation ($USD17.60M) is above average for companies of similar size in the BR market ($USD5.87M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Costa (58 yo)
10.4yrs
Tenure
US$17,597,890
Compensation
Mr. Mark J. Costa is Director at International Flavors & Fragrances Inc since January 1, 2023. He has been the Chief Executive Officer of Eastman Chemical Co. since January 1, 2014. Mr. Costa had been an E...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 10.4yrs | US$17.60m | 0.34% $ 207.9m | |
CFO & Executive VP | 4.3yrs | US$5.21m | 0.031% $ 19.1m | |
Executive VP & Chief Commercial Officer | 10.4yrs | US$5.85m | 0.062% $ 37.7m | |
Executive VP of Manufacturing & Chief Sustainability Officer | 3yrs | US$4.70m | 0.042% $ 25.5m | |
Senior Vice President of Additives & Functional Products | 1.7yrs | US$3.50m | 0.010% $ 6.3m | |
VP, Chief Accounting Officer & Controller | 2.7yrs | no data | 0.0020% $ 1.2m | |
Senior VP & CTO | 3yrs | no data | 0.013% $ 7.9m | |
Vice President of Investor Relations & Communications | 21.8yrs | no data | no data | |
Senior VP & Chief Human Resources Officer | 1.1yrs | no data | no data | |
MD of EMEA Region & Global Procurement Director | no data | no data | no data | |
Senior VP of Regions & Chief Supply Chain Officer | 3yrs | no data | 0.0044% $ 2.7m | |
VP of Legal & Corporate Secretary | 4.8yrs | no data | no data |
3.0yrs
Average Tenure
55.5yo
Average Age
Experienced Management: E1MN34's management team is considered experienced (3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 11.1yrs | US$17.60m | 0.34% $ 207.9m | |
Director | less than a year | no data | no data | |
Independent Director | 8.3yrs | US$310.90k | 0.0041% $ 2.5m | |
Independent Director | 20.8yrs | US$311.06k | 0.019% $ 11.5m | |
Independent Director | 23.5yrs | US$310.06k | 0.025% $ 15.3m | |
Lead Independent DIrector | 13.3yrs | US$326.73k | 0.0068% $ 4.2m | |
Independent Director | 12.6yrs | US$316.56k | 0.012% $ 7.6m | |
Independent Director | 13.4yrs | US$315.06k | 0.0084% $ 5.2m | |
Independent Director | 1.8yrs | US$293.06k | 0.0040% $ 2.5m | |
Independent Director | 4.3yrs | US$290.06k | 0.00011% $ 67.5k | |
Independent Director | 5.9yrs | US$301.56k | 0.0012% $ 723.7k | |
Independent Director | 1.3yrs | US$286.17k | 0.0013% $ 785.0k |
9.7yrs
Average Tenure
65yo
Average Age
Experienced Board: E1MN34's board of directors are considered experienced (9.7 years average tenure).