Highest-materiality recent filing
Eastman Chemical announces 2026 annual meeting voting results
All 11 director nominees elected; Julie F. Holder received most votes against (8,114,787).
Eastman Q1 2026 revenue down 5% to $2.18B, adjusted EPS $1.09 vs $1.91 YoY; Q2 guidance $1.70-$1.90
Sales revenue $2,177M (-5% YoY); adjusted EBIT $200M vs $311M; reported EPS $0.93 vs $1.57.
Eastman Chemical issues $600M 4.500% notes due 2031
Issued $600M aggregate principal of 4.500% Notes due February 20, 2031.
Eastman Q4 adjusted EPS $0.75 vs $1.87 YoY; guides Q1 $1.00-$1.20
Q4 2025 sales $1,973M (-12% YoY), adjusted EPS $0.75 vs $1.87 YoY.
Eastman Q3 adjusted EPS $1.14 vs $2.26 YoY; guides FY adjusted EPS $5.40-$5.65
Q3 sales revenue $2,202M (-11% YoY); GAAP EPS $0.40; adjusted EPS $1.14 vs $2.26 prior.
Eastman Chemical CEO's retirement effective Dec 31, 2025; Crawford returns as tech leader
Chris M. Killian, SVP - Chief Technology and Sustainability Officer, retiring Dec 31, 2025 for family/health reasons.
Eastman Q2 adjusted EPS $1.60 vs $2.15 YoY; guides Q3 adj. EPS ~$1.25
Revenue $2,287M (-3% YoY); reported EPS $1.20 vs $1.94; adjusted EPS $1.60 vs $2.15.
Eastman Chemical appoints Damon Audia, AGCO CFO, to board of directors
Damon Audia appointed to Eastman's board effective June 27, 2025, serving until the 2026 annual meeting.
Eastman Chemical eliminates EVP role held by Steve Crawford; position cut effective June 2
Steve Crawford's position as EVP, Methanolysis Operations and Worldwide Engineering and Construction Transformation eliminated effective June 2, 2025.
All ten director nominees elected with majority of votes cast; Mark J. Costa received ~87M for, 7.3M against.
Eastman Q1 adj EPS $1.91 (+19% YoY); Q2 guidance $1.70-$1.90 amid tariff uncertainty
Adjusted EPS $1.91 vs $1.61 YoY (+19%); reported EPS $1.57 vs $1.39.
Eastman Chemical enters severance deal with officer Brad A. Lich; provides $2M cash, healthcare
Severance agreement effective March 10, 2025 with Brad A. Lich.
Eastman Chemical issues $250M of 5.000% Notes due 2029, net proceeds ~$246.2M
Issued $250M aggregate principal of 5.000% Notes due 2029, forming a single series with $500M notes issued Aug 2024.
Eastman Q4 adj EPS $1.87, FY 2024 adj EPS $7.89 (+23% YoY); guides FY 2025 EPS $8.00-$8.75
Adjusted EBIT margin up 350 bps in Q4 and 190 bps for full year 2024, driven by volume/mix growth and operating leverage.
Eastman projects >$2.1B EBITDA in normalized macro, >$500M additional from circular economy by 2029
Projected >$2.1B EBITDA and ~$1.6B cash from operations in normalized environment before circular initiatives.
Eastman Q3 2024: revenue up 9%, adj. EPS $2.26 vs $1.47 YoY; guidance midpoint unchanged
Sales revenue $2.464B (+9% YoY); EBIT $329M vs $256M; adj. EBIT $366M.
Eastman Chemical announces early tender results for $250M 3.800% Note buyback
$276.887M principal tendered; $250M capped amount accepted on pro rata basis at 90.28% proration factor.
Issued $500M aggregate principal amount of 5.000% Notes due 2029 on Aug 1, 2024.
Eastman prices $500M 5.000% notes due 2029; tender offer for $250M 3.800% notes due 2025
$500M aggregate principal amount of 5.000% notes due 2029 priced July 29, expected to close Aug 1, 2024.
Eastman launches $250M tender offer for its 3.800% notes due 2025
Company tenders up to $250M of its 3.800% notes due 2025; early tender deadline Aug 9, 2024.
Eastman Q2 adjusted EPS $2.15 beats $1.99 YoY; revenue up 2%; guides FY24 EPS $7.40-$7.85
Revenue $2,363M (+2% YoY); reported EPS $1.94 vs $2.27; adjusted EPS $2.15 vs $1.99.
Eastman Chemical elects Donald W. Slager, former Republic Services CEO, to board
Elected Donald W. Slager as director effective May 27, 2024; term through 2025 annual meeting.
Eastman Chemical 2024 annual meeting: all proposals pass, say-on-pay sees 24.6% opposition
All ten director nominees elected; each received >85M votes for, with average support ~95% of votes cast.
Eastman Q1 2024 EPS $1.39; adjusted EPS $1.61; guides FY24 EPS $7.25-$8.00
Revenue $2.31B (-4% YoY); EBIT $263M (+7% YoY); adjusted EBIT $274M.
Eastman Chemical issues $750M of 5.625% senior notes due 2034
Principal amount $750M, interest 5.625% paid semi-annually, maturity Feb 20, 2034.
Director Charles K. Stevens III will not seek re-election to Eastman Chemical board
Charles K. Stevens III notified the Board on Feb 13, 2024, that he will not stand for re-election.
Eastman Q4 adj EPS $1.31 vs $0.89; FY23 cash ops $1.37B; guides FY24 EPS $7.25-$8.00
Q4 sales $2.207B (-7% YoY); reported EPS $2.61 (incl. Texas City gain), adjusted EPS $1.31 vs $0.89.
Eastman director Edward L. Doheny II will not stand for re-election at 2024 annual meeting
Edward L. Doheny II notified the Board on Dec 7, 2023, that he will not seek re-election.
Eastman Q3 revenue down 16%, adjusted EPS $1.47 vs $2.05; FY EPS guidance $6.30-$6.50
Q3 sales $2,267M (-16% YoY); adjusted diluted EPS $1.47 vs $2.05 prior year.
Eastman Q2 adj EPS $1.99, revenue $2.32B down 17% YoY; guides FY23 adj EPS $6.50-$7.00
Revenue $2,324M (-17% YoY); GAAP EPS $2.27, adj EPS $1.99; EBIT $323M, adj EBIT $336M.
All 12 director nominees elected with majority support; CEO Mark J. Costa received 86.9M votes for vs. 6.3M against.
Eastman Q1 adj. EPS $1.63, rev $2.41B (-11%); guides FY23 growth 5-15%
Revenue $2.41B, down 11% YoY; diluted EPS $1.12 (adj. $1.63) vs $1.80 ($2.06 adj.) last year.
Eastman Chemical issues $500M of 5.750% Notes due 2033 for green projects
$500M aggregate principal of 5.750% Notes due March 8, 2033 issued.
Eastman Chemical elects Linnie M. Haynesworth to board; brings cybersecurity expertise
Elected Linnie M. Haynesworth as director, effective Feb 3, 2023; appointed to Audit, Finance, and EHS committees.
Eastman Q4 adj. EPS $0.89 vs. $1.81 YoY; guides FY23 adj. EPS growth 5-15% ex. pension
Q4 revenue $2,373M (-12% YoY); GAAP EPS $0.01, adjusted EPS $0.89 (down 51% YoY).
Eastman Chemical adopts amended bylaws for universal proxy rules and DGCL updates
Updates stockholder nomination procedures to comply with SEC Rule 14a-19 universal proxy.
Eastman Q3 adj. EPS $2.05, revenue $2.71B; guides Q4 adj. EPS $1.10-$1.40, FY22 adj. EPS $8.05-$8.35
Third-quarter revenue $2,709M flat YoY; excluding divestitures and FX, revenue up 13%.
Eastman EVP Lucian Boldea resigns; Travis Smith named SVP of Additives & Functional Products
EVP Lucian Boldea resigns effective Sept 30, 2022 to pursue external opportunity.
Eastman cuts Q3 adjusted EPS outlook to ~$2.00 vs prior expectations of growth from $2.46
Adjusted EPS expected ~$2.00, down from $2.46 in Q3 2021; prior guidance was for solid growth.
Eastman Chemical elects Eric L. Butler (former Union Pacific EVP) to board
Eric L. Butler, former Union Pacific EVP and Chief Administrative Officer, elected to Eastman board.
Eastman Q2 adjusted EPS $2.83 (+15% YoY); revenue record $2.78B; reaffirms FY22 adj EPS $9.50-$10.00
Revenue $2,784M, up 15% excluding divested rubber additives and adhesives resins; record quarter.
All ten director nominees elected with at least 91.35% of votes cast in favor.
Revenue $2,714M (+13% YoY); adjusted diluted EPS $2.06 vs $2.13 prior year.
Eastman Chemical recast segment financials for divested tire additives and adhesives resins
Recast 2021 AFP segment: sales $2,708M, EBIT ex-core $466M; Other segment: sales $992M, EBIT ex-core $34M.
Eastman Q4 2021 sales $2.69B, adj EPS $1.81; guides 2022 adj EPS $9.50-$10.00
Full-year 2021 sales revenue $10.48B (record), adjusted EPS $8.85 (record).
Eastman Chemical sets 2022 UPP metrics and NEO target variable pay percentages
2022 Unit Performance Plan measures: 75% adjusted EBIT, 25% free cash flow.
Director Vanessa L. Allen Sutherland resigns from Eastman Chemical board
Vanessa L. Allen Sutherland resigned as director effective November 17, 2021.
Eastman Chemical Q3 revenue record at $2.72B; adj. EPS $2.46; raises 2021 guidance to $8.80-$9.00
Q3 sales revenue $2.72B, up 28% YoY; GAAP diluted EPS $2.57; adjusted EPS $2.46 (vs. $1.57 prior year).
Eastman Chemical appoints Michelle R. Stewart as VP, Corporate Controller and CAO
Michelle R. Stewart, age 50, appointed as Vice President, Corporate Controller and Chief Accounting Officer effective October 8, 2021.
Eastman Chemical CAO Scott V. King retiring Oct 8, 2021; Michelle R. Stewart to succeed
Scott V. King, VP, Corporate Controller & Chief Accounting Officer, to retire effective October 8, 2021.
on May 1, 2025, the Company decided to eliminate that position, effective June 2, 2025
On May 27, 2024, the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) elected Donald W. Slager as a director to serve until the Company’s 2025 Annual Meeting of Stockholders.
On February 13, 2024, Charles K. Stevens III notified the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) that he would not stand for re-election to the Board upon the completion of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders.
On December 7, 2023, Edward L. Doheny II notified the Board of Directors (the “Board”) of Eastman Chemical Company (the “Company”) that he would not stand for re-election to the Board upon the completion of his current term, which expires at the Company’s 2024 Annual Meeting of Stockholders.
On February 3, 2023, the Board of Directors of Eastman Chemical Company (the “Company”) elected Linnie M. Haynesworth as a director to serve until the Company’s 2023 Annual Meeting of Stockholders.
On September 19, 2022, Executive Vice President Lucian Boldea notified Eastman Chemical Company (the “Company”) of his decision to resign his employment with the Company, effective as of September 30, 2022, to pursue other career opportunities.
On August 4, 2022, the Board of Directors of Eastman Chemical Company (the “Company”) elected Eric L. Butler as a director to serve until the Company’s 2023 Annual Meeting of Stockholders.
On November 17, 2021, Vanessa L. Allen Sutherland, a director of Eastman Chemical Company (the “Company”) since January 2021, notified the Board of Directors of her resignation due to her change in employment and the responsibilities and requirements of her new position.
on October 8, 2021 Michelle R. Stewart was appointed Vice President, Corporate Controller and Chief Accounting Officer (principal accounting officer) of Eastman Chemical Company
Vice President, Corporate Controller & Chief Accounting Officer Scott V. King has decided to retire on October 8, 2021.
Mr. King will be succeeded as principal accounting officer by current Assistant Controller Michelle R. Stewart.
Max materiality 0.85 · Median 0.55 · Most common event earnings