People: Eastman Chemical Company (EMN)
EMN on New York Consolidated
57.86USD
9 Feb 2010
57.86USD
9 Feb 2010
Price Change (% chg)
$1.27 (+2.24%)
$1.27 (+2.24%)
Prev Close
$57.86
$57.86
Open
--
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Day's High
$58.27
$58.27
Day's Low
$56.68
$56.68
Volume
836,684
836,684
Avg. Vol
1,158,880
1,158,880
52-wk High
$62.10
$62.10
52-wk Low
$17.76
$17.76
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Ferguson, J. Brian | 54 | 2009 | Executive Chairman of the Board |
| Rogers, James | 58 | 2009 | President, Chief Executive Officer, Director |
| Espeland, Curtis | 44 | 2008 | Chief Financial Officer, Senior Vice President |
| Costa, Mark | 43 | 2008 | Executive Vice President - Polymers Business Group, Chief Marketing Officer |
| Lindsay, Ronald | 50 | 2009 | Executive Vice President |
| Sneed, Norris | 53 | 2008 | Senior Vice President, Chief Administrative Officer |
| Nelson, Gregory | 46 | 2008 | Senior Vice President, Chief Technology Officer |
| Lee, Theresa | 56 | 2002 | Senior Vice President, Chief Legal Officer, Corporate Secretary |
| Johnson, Richard | 59 | 2009 | Senior Vice President - Fibers Segment |
| King, Scott | 40 | 2008 | Chief Accounting Officer, Vice President, Controller |
| Wood, Peter | 70 | 2000 | Director |
| Raisbeck, David | 60 | 2000 | Director |
| Hernandez, Robert | 65 | 2002 | Director |
| Demeritt, Stephen | 65 | 2003 | Director |
| Hornbaker, Renee | 56 | 2003 | Director |
| McLain, Thomas | 51 | 2004 | Director |
| Connors, Michael | 53 | 2005 | Director |
| Lance, Howard | 53 | 2005 | Director |
| Kling, Lewis | 64 | 2006 | Director |
| Anderson, Gary | 63 | 2007 | Director |
Biographies
| Name | Description |
|---|---|
| Ferguson, J. Brian | Mr. J. Brian Ferguson is Executive Chairman of the Board of Eastman Chemical Company since 2002. He joined Eastman in 1977. Mr. Ferguson was named Vice President, Industry and Federal Affairs in 1994, became Managing Director, Greater China in 1997, was named President, Eastman Chemical Asia Pacific in 1998, became President, Polymers Group in 1999, and became President, Chemicals Group in 2001. He is also a member of the Board of Directors of FPL Group, Inc., parent company of Florida Power & Light Company. Mr. Ferguson serves as a member of the American Chemistry Council Board of Directors, on the Executive Committee of the Business Roundtable, on the President’s Export Council, and as a Trustee of the United States Council for International Business. |
| Rogers, James | Mr. James P. Rogers is President, Chief Executive Officer, Director of Eastman Chemical Company. He joined the Company in 1999 as Senior Vice President and Chief Financial Officer and in 2002 also became Chief Operations Officer of Eastman Division, and was named Executive Vice President of the Company and President of Eastman Division in November 2003. Mr. Rogers served previously as Executive Vice President and Chief Financial Officer of GAF Materials Corporation. He also served as Executive Vice President, Finance, of International Specialty Products, Inc., which was spun off from GAF in 1997. |
| Espeland, Curtis | Mr. Curtis E. Espeland is Senior Vice President and Chief Financial Officer of Eastman Chemical Company. Mr. Espeland joined Eastman in 1996, and has served in various financial management positions of increasing responsibility, including Vice President, Finance, Polymers Business Group; Vice President, Finance, Eastman Division; Vice President and Controller: Director of Corporate Planning and Forecasting; Director of Finance, Asia Pacific; and Director of Internal Auditing. He served as the Company's Chief Accounting Officer from December 2002 to 2008. Prior to joining Eastman, Mr. Espeland was an audit and business advisory manager with Arthur Andersen LLP. Mr. Espeland was appointed to his current position in September 2008. |
| Costa, Mark | Mr. Mark J. Costa is Executive Vice President, Polymers Business Group and Chief Marketing Officer of Eastman Chemical Company. Mr. Costa joined the Company in June 2006 as Senior Vice President, Corporate Strategy & Marketing and was appointed to his current position in August 2008. Prior to joining Eastman, Mr. Costa was a senior partner within Monitor Group's integrated North American and global client service networks. He joined Monitor in 1988 and his experience included corporate and business unit strategies, asset portfolio strategies, innovation and marketing, and channel strategies across a wide range of industries, including specialty and commodity chemicals, electricity, natural gas and truck/auto manufacturing. |
| Lindsay, Ronald | Mr. Ronald C. Lindsay has been Senior Vice President, Corporate Strategy and Regional Leadership of Eastman Chemical Company. He joined Eastman in 1980 and held a number of positions in manufacturing and business organizations. In 2003, Mr. Lindsay was appointed Vice President and General Manager of the Intermediates Business Organization, in 2005 became Vice President, Performance Chemicals Business, and in 2006 was appointed Senior Vice President and Chief Technology Officer. He was appointed to his current position in August 2008. He become Executive Vice President of Eastman Chemical Company effective May 7, 2009. |
| Sneed, Norris | Mr. Norris P. Sneed is Senior Vice President and Chief Administrative Officer of Eastman Chemical Company. Mr. Sneed joined the Company in 1979 as a Chemical Engineer at Eastman’s South Carolina Operations. In 1989, he was assigned to Eastman’s Arkansas Operations where he was superintendent for different manufacturing and new business development departments. In 1997, he served as assistant to the Chief Executive Officer. He was named Managing Director for Eastman’s Argentina operations in 1999, Vice President of Organization Effectiveness in 2001, and was appointed Senior Vice President, Human Resources, Communications and Public Affairs in June 2003. Mr. Sneed was appointed to his current position in September 2008. |
| Nelson, Gregory | Dr. Greg W. Nelson is Senior Vice President and Chief Technology Officer of Eastman Chemical Company. Dr. Nelson joined Eastman in 1988 in the Research and Development organization, and served in various positions in technology, including Technology Manager for the Flexible Plastics business, Vice President, Polymers Technology, and Vice President Corporate Technology from 2007 until appointed to his current position in August 2008. |
| Lee, Theresa | Ms. Theresa K. Lee is Senior Vice President, Chief Legal Officer and Corporate Secretary of Eastman Chemical Company. Ms. Lee joined Eastman as a staff attorney in 1987, served as Assistant General Counsel for the health, safety, and environmental legal staff from 1993 to 1995, and served as Assistant General Counsel for the corporate legal staff from 1995 until her appointment as Vice President, Associate General Counsel and Secretary in 1997. She became Vice President, General Counsel, and Corporate Secretary of Eastman in 2000 and was appointed to her current position in 2002. |
| Johnson, Richard | |
| King, Scott | Mr. Scott V. King is Vice President, Controller and Chief Accounting Officer of Eastman Chemical Company. Since joining Eastman in 1999 as Manager, Corporate Consolidations and External Reporting, he has held various positions of increasing responsibility in the financial organization, and was appointed Vice President and Controller in August 2007. Prior to joining Eastman, Mr. King was an audit and business advisory manager with PricewaterhouseCoopers LLP. Mr. King was appointed to his current position in September 2008. |
| Wood, Peter | Mr. Peter M. Wood is Director of Eastman Chemical Company. He served as Managing Director of J.P. Morgan & Company, an investment banking firm, from 1986 until his retirement in 1996, and was Vice President, Mergers & Acquisitions, of Kidder, Peabody & Company, Inc., an investment banking firm, from 1981 to 1986. From 1966 to 1981 Mr. Wood was a member (and a partner since 1971) of the international management consulting firm of McKinsey & Company. Mr. Wood was non-executive Chairman of the Board of Stone & Webster, Incorporated from 2000 to 2004. He is also a member of the Boards of Directors of Middlesex Mutual Assurance Company, Holyoke Mutual Insurance Company, and MSI Preferred Insurance Company. |
| Raisbeck, David | Mr. David W. Raisbeck is Director of Eastman Chemical Company. He is Vice Chairman of Cargill, Incorporated, an agricultural trading and processing company. He joined Cargill in 1971 and has held a variety of merchandising and management positions focused primarily in the commodity and financial trading businesses. Mr. Raisbeck was appointed President of Cargill’s Financial Markets Division in 1988 and President of Cargill’s Trading Sector in 1993, was elected a director of Cargill in 1994, Executive Vice President in 1995, and to his current position in 1999. He is also a member of the Board of Directors of Cardinal Health, Inc. |
| Hernandez, Robert | Mr. Robert M. Hernandez is Director of Eastman Chemical Company. He has been Chairman of the Board of RTI International Metals, Inc. since 1990, and was Vice Chairman of the Board and Chief Financial Officer of USX Corporation from 1994 until his retirement in 2001. He joined U.S. Steel Corporation, the predecessor of USX, in 1968, and held positions of increasing responsibility in the financial and operating organizations, including Vice President and Treasurer from 1984 to 1987, Senior Vice President and Controller from 1987 to 1989, President, U.S. Diversified Group from 1989 to 1990, Senior Vice President, Finance from 1990 to 1991, and Executive Vice President and Chief Financial Officer from 1991 to 1994. RTI, a NYSE listed company, is a U.S. producer of titanium mill products and fabricated-metal parts for the global market, and was affiliated with USX prior to 2000. Mr. Hernandez is also Lead Director of American Casualty Excess (ACE) Ltd., Chairman of the Board of Trustees of BlackRock Open End Long Term Bond & Equity Funds, and a member of the Board of Directors of Tyco Electronics Ltd. |
| Demeritt, Stephen | Mr. Stephen R. Demeritt is Director of Eatman Chemical Company. He served as Vice Chairman of General Mills, Inc. from 1999 until his retirement in 2005. General Mills is a producer of packaged consumer foods. He joined General Mills in 1969 and served in a variety of marketing positions, including President, International Foods from 1991 to 1993 and Chief Executive Officer of Cereal Partners Worldwide, General Mills’ global cereal joint venture with Nestle, from 1993 to 1999. |
| Hornbaker, Renee | Ms. Renee J. Hornbaker is Director of Eastman Chemical Company. She has served as Chief Financial Officer of Shared Technologies, Inc., a provider of converged voice and data networking solutions, since October 2006, and was Consultant to the Chief Executive Officer of CompuCom Systems, Inc., an information technology services provider, from 2005 to 2006. She was Vice President and Chief Financial Officer of Flowserve Corporation from 1997 until 2004. In 1977, Ms. Hornbaker joined the accounting firm Deloitte, Haskins & Sells, now Deloitte & Touche Tohmatsu, where she became a senior manager of its audit practice in the firm’s Chicago office. Following that, she served in senior financial positions with several major companies from 1986 until 1996, when she joined BW/IP, Inc., a predecessor of Flowserve, as Vice President, Business Development. |
| McLain, Thomas | Mr. Thomas H. McLain is Director of Eastman Chemical Company. He served as Chairman, Chief Executive Officer, and President of Nabi Biopharmaceuticals from 2004 until his resignation in February 2007, and was Chief Executive Officer, President and a director of Nabi from 2002 until 2004. Nabi is a biotechnology company that applies its knowledge of the human immune system to develop and market products that address serious medical conditions. Previously, Mr. McLain served as President, Chief Operating Officer and a director in 2002 and 2003, and in 2001 and 2002, he served as Executive Vice President and Chief Operating Officer. From 1998 to 2001, Mr. McLain served as Senior Vice President, Corporate Services and Chief Financial Officer. From 1988 to 1998, Mr. McLain was employed by Bausch & Lomb, Inc., a global eye care company, where he held various senior financial management positions of increasing responsibility. Before joining Bausch & Lomb, Mr. McLain practiced with the accounting firm of Ernst & Young LLP. |
| Connors, Michael | Mr. Michael P.Connors is Director of Eastman Chemical Company. He has been Chairman of the Board and Chief Executive Officer of Information Services Group, Inc., a company formed for the purpose of acquiring one or more operating businesses in the information services industry, since July 2006. Mr. Connors served as a member of the Executive Board of VNU N.V., a major worldwide media and marketing information company, from the merger of ACNielsen into VNU in 2001 until 2005, and served as Chairman and Chief Executive Officer of VNU Media Measurement & Information Group and Chairman of VNU World Directories until 2005. He previously was Vice Chairman of the Board of ACNielsen from its spin-off from the Dun & Bradstreet Corporation in 1996 until 2001, was Senior Vice President of American Express Travel Related Services from 1989 until 1995, and before that was a Corporate Vice President of Sprint Corporation. Mr. Connors is also a member of the Board of Directors of R.H. Donnelley Corporation. |
| Lance, Howard | Mr. Lance is Director of Eastman Chemical Company. He has served as President, Chief Executive Officer, and a director of Harris Corporation since January 2003, and was appointed Chairman of the Board in June 2003. Harris is an international communications and information technology company serving government and commercial markets. Mr. Lance was President of NCR Corporation, an information technology services provider, and Chief Operating Officer of its Retail and Financial Group from July 2001 until October 2002. Prior to joining NCR, he spent 17 years with Emerson Electric Company, an electronic products and systems company, where he held increasingly senior management positions. Earlier, Mr. Lance held sales and marketing positions with the Scott-Fetzer Company and Caterpillar, Inc. Mr. Lance is also a member of the Board of Directors of Harris Stratex Networks, Inc. |
| Kling, Lewis | Mr. Lewis M. Kling is Director of Eastman Chemical Company. He has served as President, Chief Executive Officer, and a director of Flowserve Corporation, a provider of industrial flow management products and services, since 2005, and was Chief Operating Officer of Flowserve from 2004 to 2005. Before joining Flowserve, he was Group Vice President and Corporate Vice President of SPX Corporation from 1999 to 2004, and served as President of Dielectric Communications, a division of General Signal Corporation, purchased by SPX Corporation, from 1997 to 1999. |
| Anderson, Gary | Mr. Gary E. Anderson is Director of Eastman Chemical Company. He is retired Chairman of the Board of the Dow Corning Corporation. He joined Dow Corning, a diversified company specializing in the development, manufacture, and marketing of silicones and related silicone-based products, in 1967 and served in various executive capacities for over 25 years, including Chairman, President, and Chief Executive Officer, retiring as Chairman in 2005. Mr. Anderson is also a member of the Board of Directors of Chemical Financial Corporation. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Ferguson, J. Brian | 6,237,660 |
| Rogers, James | 2,233,880 |
| Espeland, Curtis | 895,782 |
| Costa, Mark | 2,057,600 |
| Lindsay, Ronald | -- |
| Sneed, Norris | -- |
| Nelson, Gregory | -- |
| Lee, Theresa | 1,466,470 |
| Johnson, Richard | -- |
| King, Scott | -- |
| Wood, Peter | -- |
| Raisbeck, David | -- |
| Hernandez, Robert | -- |
| Demeritt, Stephen | -- |
| Hornbaker, Renee | -- |
| McLain, Thomas | -- |
| Connors, Michael | -- |
| Lance, Howard | -- |
| Kling, Lewis | -- |
| Anderson, Gary | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Ferguson, J. Brian | 750,387 | 5,841,818 |
| Rogers, James | 369,620 | 839,098 |
| Espeland, Curtis | 6,334 | 100,579 |
| Costa, Mark | 0 | 0 |
| Lindsay, Ronald | 0 | 0 |
| Sneed, Norris | 0 | 0 |
| Nelson, Gregory | 0 | 0 |
| Lee, Theresa | 86,447 | 423,454 |
| Johnson, Richard | 0 | 0 |
| King, Scott | 0 | 0 |
| Wood, Peter | 0 | 0 |
| Raisbeck, David | 0 | 0 |
| Hernandez, Robert | 0 | 0 |
| Demeritt, Stephen | 0 | 0 |
| Hornbaker, Renee | 0 | 0 |
| McLain, Thomas | 0 | 0 |
| Connors, Michael | 0 | 0 |
| Lance, Howard | 0 | 0 |
| Kling, Lewis | 0 | 0 |
| Anderson, Gary | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| COSTA MARK J | 3,300 | $59.87 |
| JOHNSON RICHARD L | 1,672 | $59.97 |
| KING SCOTT V | 600 | $58.06 |
| KING SCOTT V | 1,400 | $58.15 |
| KING SCOTT V | 700 | $43.66 |
| KING SCOTT V | 100 | $58.05 |
| KING SCOTT V | 1,500 | $46.98 |
| KING SCOTT V | 300 | $58.08 |
| KING SCOTT V | 100 | $58.16 |
| KING SCOTT V | 1,000 | $36.60 |
| KING SCOTT V | 700 | $58.15 |
| LEE THERESA K | 9,000 | $56.61 |
| NELSON GREGORY W | 2,300 | $36.60 |
| FERGUSON J BRIAN | 17,533 | $55.55 |
| FERGUSON J BRIAN | 100,000 | $55.26 |
| COSTA MARK J | 2,645 | $43.24 |
| HERNANDEZ ROBERT M | 1,230 | $0.00 |
| DEMERITT STEPHEN R | 1,230 | $0.00 |
| LANCE HOWARD L | 1,230 | $0.00 |
| RAISBECK DAVID W | 1,230 | $0.00 |
| HORNBAKER RENEE J | 1,230 | $0.00 |
| MCLAIN THOMAS H | 1,230 | $0.00 |
| KLING LEWIS M | 1,230 | $0.00 |
| WOOD PETER M | 1,230 | $0.00 |
| CONNORS MICHAEL P | 1,230 | $0.00 |





