Eastman Chemical Management
Management criteria checks 4/4
Eastman Chemical's CEO is Mark Costa, appointed in Jan 2014, has a tenure of 10.33 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 $37.78M. The average tenure of the management team and the board of directors is 2.9 years and 9.6 years respectively.
Key information
Mark Costa
Chief executive officer
US$17.6m
Total compensation
| CEO salary percentage | 7.7% |
| CEO tenure | 10.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 2.9yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
It's Probably Less Likely That Eastman Chemical Company's (NYSE:EMN) CEO Will See A Huge Pay Rise This Year
Apr 26
Eastman 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 20Here's Why Eastman Chemical (NYSE:EMN) Can Manage Its Debt Responsibly
Sep 15Eastman Chemical slides as Q3 earnings outlook falls short
Sep 13Eastman Chemical Ready To Weather Any Storm
Sep 06Investors Will Want Eastman Chemical's (NYSE:EMN) Growth In ROCE To Persist
Sep 03Here's Why Eastman Chemical (NYSE:EMN) Has Caught The Eye Of Investors
Aug 23Calculating The Intrinsic Value Of Eastman Chemical Company (NYSE:EMN)
Jul 19At US$88.73, Is It Time To Put Eastman Chemical Company (NYSE:EMN) On Your Watch List?
Jul 07Oh, Look - Eastman Chemical Is At Fair Value!
Jun 21Here's Why Eastman Chemical (NYSE:EMN) Can Manage Its Debt Responsibly
Jun 13We Like These Underlying Return On Capital Trends At Eastman Chemical (NYSE:EMN)
Jun 01Eastman Chemical Company Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 01CEO 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 about average for companies of similar size in the US market ($USD13.56M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
CEO
Mark Costa (57 yo)
10.3yrs
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 | 10.3yrs | US$17.60m | 0.34% $ 37.8m | |
| CFO & Executive VP | 4.3yrs | US$5.21m | 0.031% $ 3.5m | |
| Executive VP & Chief Commercial Officer | 10.3yrs | US$5.85m | 0.062% $ 6.9m | |
| Executive VP of Manufacturing & Chief Sustainability Officer | 2.9yrs | US$4.70m | 0.042% $ 4.6m | |
| Senior Vice President of Additives & Functional Products | 1.6yrs | US$3.50m | 0.010% $ 1.1m | |
| VP, Chief Accounting Officer & Controller | 2.6yrs | no data | 0.0020% $ 220.6k | |
| Senior VP & CTO | 2.9yrs | no data | 0.013% $ 1.4m | |
| Vice President of Investor Relations & Communications | 21.8yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | less than a year | 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 | 2.9yrs | no data | 0.0044% $ 494.8k | |
| VP of Legal & Corporate Secretary | 4.8yrs | no data | no data |
2.9yrs
Average Tenure
54.5yo
Average Age
Experienced Management: EMN's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 11yrs | US$17.60m | 0.34% $ 37.8m | |
| Independent Director | 8.3yrs | US$305.00k | 0.0030% $ 338.8k | |
| Independent Director | 20.7yrs | US$311.06k | 0.018% $ 2.0m | |
| Independent Director | 23.4yrs | US$310.06k | 0.035% $ 3.9m | |
| Lead Independent DIrector | 13.3yrs | US$326.73k | 0.0068% $ 760.0k | |
| Independent Director | 12.5yrs | US$316.56k | 0.011% $ 1.3m | |
| Independent Director | 13.3yrs | US$315.06k | 0.0084% $ 936.1k | |
| Independent Director | 1.8yrs | US$293.06k | 0.0030% $ 332.1k | |
| Independent Director | 4.3yrs | US$290.06k | 0.00011% $ 12.3k | |
| Independent Director | 5.8yrs | US$290.00k | 0.0012% $ 131.5k | |
| Independent Director | 1.3yrs | US$286.17k | 0.0013% $ 142.6k | |
| Independent Director | 4.3yrs | US$290.06k | 0.0043% $ 476.9k |
9.6yrs
Average Tenure
64yo
Average Age
Experienced Board: EMN's board of directors are considered experienced (9.6 years average tenure).