Eastman Chemical Management
Management criteria checks 3/4
Eastman Chemical's CEO is Mark Costa, appointed in Jan 2014, has a tenure of 11.25 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 $35.23M. The average tenure of the management team and the board of directors is 3.8 years and 11.9 years respectively.
Key information
Mark Costa
Chief executive officer
US$15.9m
Total compensation
| CEO salary percentage | 8.8% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.8yrs |
| Board average tenure | 11.9yrs |
Recent management updates
Recent updates
Investors Give Eastman Chemical Company (NYSE:EMN) Shares A 26% Hiding
Apr 09
Does Eastman Chemical (NYSE:EMN) Have A Healthy Balance Sheet?
Mar 12Results: Eastman Chemical Company Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 18Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Feb 06Following Up On A Correctly-Rated Eastman Chemical Company In 2025 (Rating Upgrade)
Jan 26Are Investors Undervaluing Eastman Chemical Company (NYSE:EMN) By 47%?
Jan 10Investors Continue Waiting On Sidelines For Eastman Chemical Company (NYSE:EMN)
Dec 23Eastman Chemical (NYSE:EMN) Has Announced That It Will Be Increasing Its Dividend To $0.83
Dec 09Should You Think About Buying Eastman Chemical Company (NYSE:EMN) Now?
Oct 24Eastman Chemical: Difficult To See Upside At This Valuation (Rating Downgrade)
Oct 14Is Eastman Chemical (NYSE:EMN) Using Too Much Debt?
Sep 08
Transforming Challenges Into Opportunities With Green Chemical Recycling And Innovative Growth
Aug 22 Expansion in sustainable solutions like chemical recycling and the Tritan product line indicates potential for revenue growth and market share increase.We 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: Structural Disappointments
Nov 22Eastman Chemical: Shares Are Already Pricing In Recovery
Nov 01Eastman Chemical: Sales Volumes Need To Stabilize
Sep 18Eastman Chemical Benefits From Reversal In Gas And NGL Costs
Jul 033 Reasons To Consider Eastman Chemical Company
May 30Eastman Chemical: A Sporty Valuation But A Bearish Chart Post-Earnings
Feb 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 US market ($USD8.68M).
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 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 | 11.3yrs | US$15.94m | 0.39% $ 35.2m | |
| CFO & Executive VP | 5.2yrs | US$4.76m | 0.043% $ 3.9m | |
| Executive VP & Chief Commercial Officer | 11.3yrs | US$5.38m | 0.073% $ 6.6m | |
| Executive VP of Methanolysis Operations and Worldwide Engineering & Construction Transformation | less than a year | US$4.25m | 0.052% $ 4.7m | |
| Executive VP of Additives & Functional Products | 2.5yrs | US$4.02m | 0.013% $ 1.2m | |
| VP, Chief Accounting Officer & Controller | 3.5yrs | no data | 0.0044% $ 397.0k | |
| Senior VP | 3.8yrs | no data | 0.018% $ 1.6m | |
| Vice President of Investor Relations & Communications | 22.7yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 1.9yrs | 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 | 3.8yrs | no data | 0.010% $ 906.9k | |
| Senior VP & Chief Manufacturing Officer | less than a year | no data | no data |
3.8yrs
Average Tenure
55yo
Average Age
Experienced Management: EMN's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11.9yrs | US$15.94m | 0.39% $ 35.2m | |
| Director | less than a year | US$120.13k | 0.000090% $ 8.1k | |
| Independent Director | 9.2yrs | US$325.09k | 0.0042% $ 378.0k | |
| Independent Director | 21.6yrs | US$335.09k | 0.019% $ 1.7m | |
| Independent Director | 24.3yrs | US$310.06k | 0.025% $ 2.3m | |
| Lead Independent DIrector | 14.2yrs | US$350.09k | 0.0069% $ 628.4k | |
| Independent Director | 13.4yrs | US$320.09k | 0.013% $ 1.1m | |
| Independent Director | 14.3yrs | US$333.09k | 0.0086% $ 774.0k | |
| Independent Director | 2.7yrs | US$311.09k | 0.0041% $ 372.5k | |
| Independent Director | 6.8yrs | US$320.09k | 0.0012% $ 108.5k | |
| Independent Director | 2.2yrs | US$305.09k | 0.0013% $ 118.5k |
11.9yrs
Average Tenure
66yo
Average Age
Experienced Board: EMN's board of directors are seasoned and experienced ( 11.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/14 11:25 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| 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 |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Eastman Chemical Company is covered by 41 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 |
|---|---|
| Michael Leithead | Barclays |
| Sergey Vasnetsov | Barclays |
| Frank Mitsch | BB&T Capital Markets |