EASTMAN CHEMICAL (EMN)
Sector: Materials
Sector: Materials
EASTMAN CHEMICAL - Executive Compensation
CEO
Executive Compensation
Mark J. Costa serves as the Chief Executive Officer of Eastman Chemical Company, a global specialty materials company that produces a broad range of advanced materials, chemicals, and fibers. He joined Eastman in 2006 and held various leadership positions within the organization before being appointed CEO in 2014. Prior to his tenure at Eastman, Costa worked at BASF Corporation, where he spent over two decades in various roles, including President of BASF Corporation’s Performance Chemicals division and Senior Vice President of Intermediates. Under Costa's leadership, Eastman has undergone significant transformation and growth. He spearheaded the company's innovation-driven growth strategy, which focuses on developing high-value, differentiated products and solutions. This strategy has led to the successful launch of several new product lines and the expansion of Eastman's global footprint. Costa's emphasis on sustainability and circular economy principles has also positioned Eastman as a leader in environmentally responsible practices within the chemical industry. His strategic vision and operational expertise have been instrumental in driving Eastman's financial performance and enhancing its competitive position in the market. As CEO, Mark J. Costa is responsible for setting the overall direction and strategy of Eastman Chemical Company. He works closely with the board of directors and executive team to ensure the company's long-term success and value creation for shareholders. Costa's leadership style is characterized by a strong commitment to innovation, sustainability, and employee engagement. He has been recognized for his contributions to the industry, receiving accolades such as the 2020 Chemical Industry Medal from the Society of Chemical Industry. Costa's dedication to driving positive change and his ability to navigate complex challenges have solidified his reputation as a respected leader in the chemical sector.