Eastman Chemical Management
Management criteria checks 3/4
Eastman Chemical's CEO is Mark Costa, appointed in Jan 2014, has a tenure of 10.83 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 $40.46M. The average tenure of the management team and the board of directors is 3.4 years and 10.1 years respectively.
Key information
Mark Costa
Chief executive officer
US$17.6m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 10.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 3.4yrs |
| Board average tenure | 10.1yrs |
Recent management updates
Recent updates
Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Oct 24
Eastman Chemical: Difficult To See Upside At This Valuation (Rating Downgrade)
Oct 14Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Sep 08We Ran A Stock Scan For Earnings Growth And Eastman Chemical (NYSE:EMN) Passed With Ease
Aug 15Eastman Chemical Company (NYSE:EMN) Shares Could Be 33% Below Their Intrinsic Value Estimate
Jul 28Eastman Chemical Company's (NYSE:EMN) Share Price Is Matching Sentiment Around Its Earnings
Jul 16Eastman Chemical Running In Place (Rating Downgrade)
Jul 10Is Now An Opportune Moment To Examine Eastman Chemical Company (NYSE:EMN)?
Jun 03Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
May 08It's Probably Less Likely That Eastman Chemical Company's (NYSE:EMN) CEO Will See A Huge Pay Rise This Year
Apr 26Eastman Chemical: Cyclical But Resilient
Apr 25Eastman Chemical Company's (NYSE:EMN) Share Price Is Matching Sentiment Around Its Earnings
Apr 03Is There An Opportunity With Eastman Chemical Company's (NYSE:EMN) 22% Undervaluation?
Feb 22We Think You Should Be Aware Of Some Concerning Factors In Eastman Chemical's (NYSE:EMN) Earnings
Feb 09Here's Why Eastman Chemical (NYSE:EMN) Has A Meaningful Debt Burden
Jan 23Eastman Chemical Company (NYSE:EMN) Screens Well But There Might Be A Catch
Jan 02Eastman Chemical's (NYSE:EMN) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13Eastman Chemical: Structural Disappointments
Nov 22Is There Now An Opportunity In Eastman Chemical Company (NYSE:EMN)?
Nov 08Eastman Chemical: Shares Are Already Pricing In Recovery
Nov 01These 4 Measures Indicate That Eastman Chemical (NYSE:EMN) Is Using Debt Extensively
Oct 24Eastman Chemical: Sales Volumes Need To Stabilize
Sep 18Eastman Chemical Company (NYSE:EMN) Shares Could Be 37% Below Their Intrinsic Value Estimate
Sep 17Is It Time To Consider Buying Eastman Chemical Company (NYSE:EMN)?
Jul 27Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Jul 12Eastman Chemical Benefits From Reversal In Gas And NGL Costs
Jul 03Eastman Chemical Company's (NYSE:EMN) Intrinsic Value Is Potentially 42% Above Its Share Price
Jun 073 Reasons To Consider Eastman Chemical Company
May 30At US$81.79, Is It Time To Put Eastman Chemical Company (NYSE:EMN) On Your Watch List?
Apr 21Here's Why Eastman Chemical (NYSE:EMN) Has A Meaningful Debt Burden
Apr 06Are Investors Undervaluing Eastman Chemical Company (NYSE:EMN) By 28%?
Mar 06Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings
Feb 26Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Jan 09Here's Why Eastman Chemical (NYSE:EMN) Can Manage Its Debt Responsibly
Dec 28Eastman Chemical (NYSE:EMN) Is Experiencing Growth In Returns On Capital
Dec 16Eastman Chemical: A Great Long-Term Dividend Stock At The Right Price
Dec 13Eastman Chemical (NYSE:EMN) Is Paying Out A Larger Dividend Than Last Year
Dec 05Does Eastman Chemical (NYSE:EMN) Deserve A Spot On Your Watchlist?
Nov 21Eastman Chemical Non-GAAP EPS of $2.05 beats by $0.05, revenue of $2.71B beats by $140M
Oct 27Is Eastman Chemical Company (NYSE:EMN) Trading At A 41% Discount?
Oct 23Eastman Chemical Company: An Underappreciated ESG Investment
Oct 20While Beaten Down, Eastman Shares Still Have Downside
Oct 11Eastman to provide Ethicon with medical-grade materials for product packaging
Sep 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 |
| 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 US market ($USD12.73M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Costa (58 yo)
10.8yrs
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 | 10.8yrs | US$17.60m | 0.34% $ 40.5m | |
| CFO & Executive VP | 4.8yrs | US$5.21m | 0.032% $ 3.7m | |
| Executive VP & Chief Commercial Officer | 10.8yrs | US$5.85m | 0.062% $ 7.3m | |
| Executive VP of Manufacturing & Chief Sustainability Officer | 3.4yrs | US$4.70m | 0.042% $ 5.0m | |
| Senior Vice President of Additives & Functional Products | 2.1yrs | US$3.50m | 0.010% $ 1.2m | |
| VP, Chief Accounting Officer & Controller | 3.1yrs | no data | 0.0020% $ 236.3k | |
| Senior VP & CTO | 3.4yrs | no data | 0.011% $ 1.3m | |
| Vice President of Investor Relations & Communications | 22.3yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 1.5yrs | 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 | 3.4yrs | no data | 0.0045% $ 530.2k | |
| Senior VP | less than a year | no data | no data |
3.4yrs
Average Tenure
55yo
Average Age
Experienced Management: EMN's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.5yrs | US$17.60m | 0.34% $ 40.5m | |
| Director | less than a year | no data | 0.000090% $ 10.6k | |
| Independent Director | 8.8yrs | US$310.90k | 0.0042% $ 489.1k | |
| Independent Director | 21.2yrs | US$311.06k | 0.019% $ 2.2m | |
| Independent Director | 23.9yrs | US$310.06k | 0.025% $ 3.0m | |
| Lead Independent DIrector | 13.8yrs | US$326.73k | 0.0069% $ 813.5k | |
| Independent Director | 13yrs | US$316.56k | 0.013% $ 1.5m | |
| Independent Director | 13.8yrs | US$315.06k | 0.0085% $ 1.0m | |
| Independent Director | 2.3yrs | US$293.06k | 0.0041% $ 482.0k | |
| Independent Director | 4.8yrs | US$290.06k | 0.00011% $ 12.9k | |
| Independent Director | 6.3yrs | US$301.56k | 0.0012% $ 141.1k | |
| Independent Director | 1.8yrs | US$286.17k | 0.0013% $ 152.8k |
10.1yrs
Average Tenure
65yo
Average Age
Experienced Board: EMN's board of directors are seasoned and experienced ( 10.1 years average tenure).