Mark J. Costa is the CEO of Eastman Chemical Company, a global specialty materials company that focuses on sustainable solutions. He has a Bachelor's degree in Chemical Engineering from the University of Kentucky and took charge as CEO in January...

Number of Employees

14K

Year

2022

Total Compensation

$4.00

Salary

$1.00

Board Justification

The compensation philosophy is designed to align executive pay with performance, focusing on long-term value creation for shareholders.

Bonus

$1.00

Board Justification

The bonus is based on performance metrics related to corporate and individual goals for the year 2022.

Other

$1.00

Board Justification

Other compensation includes benefits such as retirement contributions and health benefits.

Restricted Stock

$1.00(1 RSU)

Board Justification

The stock that vested in 2022 is part of the long-term incentive plan and is based on performance metrics over the previous years.

Performance Metrics

Performance metrics include financial targets such as revenue growth, earnings before interest and taxes (EBIT), and sustainability goals.

SEC Filing

From March 22, 2023

Mark J. Costa

CEO of Eastman Chemical

E

Education

Bachelor's degree in Chemical Engineering from the University of Kentucky

Field of Expertise

Technology & Engineering - Engineering

Born

April 1, 1969 - 55 years ago

Is Founder?

No

Current Tenure

11 years 0 months (Jan 2014 - Present)

Previous Experience

Executive Vice President of the Company