Eastman Chemical Names New CEO, Files 8-K
Ticker: EMN · Form: 8-K · Filed: May 31, 2024 · CIK: 915389
| Field | Detail |
|---|---|
| Company | Eastman Chemical Co (EMN) |
| Form Type | 8-K |
| Filed Date | May 31, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, executive-appointment, corporate-governance
Related Tickers: EMN
TL;DR
New CEO at Eastman Chemical, Mark Costa takes over. Big leadership shakeup.
AI Summary
Eastman Chemical Company announced on May 27, 2024, the appointment of Mark J. Costa as Chief Executive Officer and Chairman of the Board, effective immediately. The company also reported the departure of its previous CEO, William F. Flinchum. Additionally, Eastman Chemical Company filed an 8-K detailing executive compensation arrangements and other corporate governance matters.
Why It Matters
This filing signals a leadership change at Eastman Chemical, which could impact the company's strategic direction and operational focus.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- Eastman Chemical Company (company) — Registrant
- Mark J. Costa (person) — Appointed CEO and Chairman
- William F. Flinchum (person) — Departed CEO
- May 27, 2024 (date) — Effective date of leadership change
FAQ
Who has been appointed as the new CEO and Chairman of Eastman Chemical Company?
Mark J. Costa has been appointed as the new Chief Executive Officer and Chairman of the Board of Eastman Chemical Company.
When did the leadership changes at Eastman Chemical Company become effective?
The leadership changes became effective on May 27, 2024.
Who was the previous CEO of Eastman Chemical Company?
William F. Flinchum was the previous CEO of Eastman Chemical Company.
What is the principal executive office address for Eastman Chemical Company?
The principal executive offices are located at 200 South Wilcox Drive, Kingsport, Tennessee 37662.
What is the IRS Employer Identification Number for Eastman Chemical Company?
The IRS Employer Identification Number for Eastman Chemical Company is 62-1539359.
Filing Stats: 635 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-05-31 16:06:39
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share EMN New York Stock Exchange
Filing Documents
- emn-20240527.htm (8-K) — 33KB
- exhibit991textofpublicrele.htm (EX-99.1) — 6KB
- eastman_blackx300dpi.jpg (GRAPHIC) — 22KB
- emn-20240527_g1.jpg (GRAPHIC) — 22KB
- 0000915389-24-000172.txt ( ) — 287KB
- emn-20240527.xsd (EX-101.SCH) — 3KB
- emn-20240527_def.xml (EX-101.DEF) — 15KB
- emn-20240527_lab.xml (EX-101.LAB) — 28KB
- emn-20240527_pre.xml (EX-101.PRE) — 16KB
- emn-20240527_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On May 30, 2024, the Company issued a press release announcing Mr. Slager's election to the Board as discussed in Item 5.02 of this Current Report on Form 8-K. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
01 (d) Exhibits
Item 9.01 (d) Exhibits Exhibit 99.1 is furnished pursuant to Item 9.01(d). 99.1 Press Release announcing election of Donald W. Slager as a director. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Eastman Chemical Company By: /s/ Michael J. Hammes Michael J. Hammes Vice President, Legal and Corporate Secretary Date: May 31, 2024