Eastman Chemical Management
Management criteria checks 3/4
Eastman Chemical's CEO is Mark Costa, appointed in Jan 2014, has a tenure of 11.33 years. total yearly compensation is $15.94M, comprised of 8.8% salary and 91.2% bonuses, including company stock and options. directly owns 0.39% of the company’s shares, worth R$210.48M. The average tenure of the management team and the board of directors is 3.9 years and 10.6 years respectively.
Key information
Mark Costa
Chief executive officer
US$15.9m
Total compensation
| CEO salary percentage | 8.77% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.9yrs |
| Board average tenure | 10.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$922m |
| Dec 31 2024 | US$16m | US$1m | US$905m |
| Sep 30 2024 | n/a | n/a | US$885m |
| Jun 30 2024 | n/a | n/a | US$883m |
| 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$1b |
Compensation vs Market: Mark's total compensation ($USD15.94M) is above average for companies of similar size in the BR market ($USD2.19M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Costa (58 yo)
11.3yrs
Tenure
US$15,939,802
Compensation
Mr. Mark J. Costa is Chairman & CEO of Eastman Chemical Texas City, Inc. Mr. Costa joined the Eastman Chemical Texas City, Inc. in 2006. Mr. Costa is Director at International Flavors & Fragrances Inc sinc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.3yrs | US$15.94m | 0.39% R$ 210.5m | |
| CFO & Executive VP | 5.3yrs | US$4.76m | 0.043% R$ 23.3m | |
| Executive VP & Chief Commercial Officer | 11.3yrs | US$5.38m | 0.073% R$ 39.3m | |
| Executive VP of Methanolysis Operations and Worldwide Engineering & Construction Transformation | less than a year | US$4.25m | 0.052% R$ 28.3m | |
| Executive VP of Additives & Functional Products | 2.6yrs | US$4.02m | 0.013% R$ 7.0m | |
| VP, Chief Accounting Officer & Controller | 3.6yrs | no data | 0.0044% R$ 2.4m | |
| Senior VP | 3.9yrs | no data | 0.018% R$ 9.8m | |
| Vice President of Investor Relations & Communications | 22.8yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 2yrs | 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 | 3.9yrs | no data | 0.010% R$ 5.4m | |
| Senior VP & Chief Manufacturing Officer | less than a year | no data | no data |
3.9yrs
Average Tenure
55yo
Average Age
Experienced Management: E1MN34's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 12yrs | US$15.94m | 0.39% R$ 210.5m | |
| Director | 1yr | US$120.13k | 0.0014% R$ 783.7k | |
| Independent Director | 9.3yrs | US$325.09k | 0.0055% R$ 3.0m | |
| Independent Director | 21.7yrs | US$335.09k | 0.021% R$ 11.1m | |
| Lead Independent DIrector | 14.3yrs | US$350.09k | 0.0069% R$ 3.8m | |
| Independent Director | 13.5yrs | US$320.09k | 0.014% R$ 7.5m | |
| Independent Director | 14.3yrs | US$333.09k | 0.0086% R$ 4.6m | |
| Independent Director | 2.8yrs | US$311.09k | 0.0055% R$ 3.0m | |
| Independent Director | 6.8yrs | US$320.09k | 0.0012% R$ 648.5k | |
| Independent Director | 2.3yrs | US$305.09k | 0.0013% R$ 708.0k |
10.6yrs
Average Tenure
65.5yo
Average Age
Experienced Board: E1MN34's board of directors are seasoned and experienced ( 10.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/18 17:05 |
| End of Day Share Price | 2025/04/29 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eastman Chemical Company is covered by 42 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sergey Vasnetsov | Barclays |
| Michael Leithead | Barclays |
| Frank Mitsch | BB&T Capital Markets |