EASTMAN CHEMICAL CO shareholders rejected Advisory vote on stockholder proposal regarding lowering the threshold for calling special shareholder meetings to 10% as disclosed in the Proxy Statement at the 2026-05-07 meeting.
“5. The results of the voting on the advisory stockholder proposal regarding lowering the threshold for calling special shareholder meetings to 10% were as follows: Votes For Votes Against Abstentions Broker Non-Votes 25,178,875 64,930,702 308,085 10,213,346 Accordingly, a majority of votes cast on this stockholder proposal were not in favor of the advisory proposal and the proposal was not adopted.”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Approval of the 2026 Omnibus Stock Compensation Plan at the 2026-05-07 meeting.
“4. The results of the voting on the 2026 Omnibus Stock Compensation Plan were as follows: Votes For Votes Against Abstentions Broker Non-Votes 80,737,425 9,464,242 216,004 10,213,337 Accordingly, a majority of votes cast on the 2026 Omnibus Stock Compensation Plan (the "Plan") were "for" approval of this proposal. A description of the Plan is contained in the Proxy Statement.”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Advisory vote on executive compensation (say-on-pay) as disclosed in the 2026 Annual Meeting Proxy Statement at the 2026-05-07 meeting.
“3. The results of the voting on the advisory "say-on-pay" vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 69,669,114 20,478,706 269,847 10,213,341 Accordingly, a majority of votes cast on the advisory "say-on-pay" vote were "for" approval of the executive compensation as disclosed in the Proxy Statement.”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026 at the 2026-05-07 meeting.
“2. The results of the voting on the ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the Company for 2026 were as follows: Votes For Votes Against Abstentions Broker Non-Votes 96,146,277 4,386,005 98,726 0 Accordingly, a majority of votes cast on the ratification of the appointment of the independent registered public accounting firm were in favor of the proposal and the appointment of PricewaterhouseCoopers LLP was ratified.”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Election of eleven directors to serve until the Annual Meeting of Stockholders in 2027 and until their successors are duly elected and qualified at the 2026-05-07 meeting.
“1. The results of the voting on the election of directors were as follows: Nominee Votes For Votes Against Abstentions Broker Non-Votes Humberto P. Alfonso 86,574,085 3,721,684 121,907 10,213,332 Damon J. Audia 89,949,795 344,446 123,438 10,213,329 Brett D. Begemann 85,780,518 4,534,791 102,368 10,213,331 Eric L. Butler 89,454,490 855,441 107,747 10,213,330 Mark J. Costa 86,014,316 4,291,824 111,536 10,213,332 Linnie M. Haynesworth 89,759,261 559,329 99,089 10,213,329 Julie F. Holder 82,207,815 8,114,787 95,066 10,213,340 Renée J. Hornbaker 86,314,362 4,007,136 96,182 10,213,328 Kim Ann Mink 87,902,915 2,396,876 117,887 10,213,330 James J. O'Brien 87,179,492 3,114,040 124,149 10,213,327 Donald W. Slager 89,954,694 358,034 104,952 10,213,328 Accordingly, each of the eleven nominees received a majority of votes cast in favor of that director's election and was elected.”
Earnings Releases
EASTMAN CHEMICAL CO reported first quarter 2026 results: revenue $2,177, EPS 0.93.
“earnings growth, our $125 million to $150 million of cost savings and our cash flow targets (In millions, except per share amounts; unaudited) 1Q2026 1Q2025 Sales revenue $2,177 $2,290 Earnings before interest and taxes ("EBIT") 188 302 Adjusted EBIT* 200 311 Earnings per diluted share 0.93 1.57 Adjusted earnings per diluted share* 1.09 1.91 Net cash used”
Material Agreements
EASTMAN CHEMICAL CO entered into Indenture with Computershare Trust Company, National Association valued at $600,000,000 aggregate principal amount of 4.500% Notes due 2031 (effective 2026-02-20).
“On February 20, 2026, Eastman Chemical Company (the “Company”) issued $600,000,000 aggregate principal amount of 4.500% Notes due 2031 (the “Notes”) in a public offering (the “Notes Offering”) pursuant to a registration statement on Form S-3 (File No. 333-280083) and a preliminary prospectus supplement and prospectus supplement related to the offering of the Notes, each as previously filed with the SEC. The Notes were issued under an indenture, dated as of June 5, 2012 (the “Indenture”), by and between the Company and Computershare Trust Company, National Association (as successor to Wells Fargo Bank, National Association), as trustee (the “Trustee”).”
Steve Crawford departed as Executive Vice President, Methanolysis Operations and Worldwide Engineering and Construction Transformation at EASTMAN CHEMICAL CO.
“on May 1, 2025, the Company decided to eliminate that position, effective June 2, 2025”
Donald W. Slager was elected as Director at EASTMAN CHEMICAL CO.
“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.”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Advisory vote on executive compensation (say-on-pay) at the 2024-05-02 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes 68,324,588 22,341,976 439,639 9,483,386”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2024 at the 2024-05-02 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes 92,779,998 7,700,004 109,587 0”
Shareholder Votes
EASTMAN CHEMICAL CO shareholders approved Election of ten directors at the 2024-05-02 meeting.
“Votes For Votes Against Abstentions Broker Non-Votes Humberto P. Alfonso 86,749,545 4,232,064 124,594 9,483,386 Brett D. Begemann 86,029,861 4,959,829 116,516 9,483,383 Eric L. Butler 90,021,879 968,262 116,070 9,483,378 Mark J. Costa 85,095,830 5,896,740 113,638 9,483,381 Linnie M. Haynesworth 89,792,492 1,201,825 111,890 9,483,382 Julie F. Holder 85,596,942 5,397,798 111,466 9,483,383 Renée J. Hornbaker 86,045,811 4,940,240 120,156 9,483,382 Kim Ann Mink 89,884,078 1,110,493 111,636 9,483,382 James J. O’Brien 88,007,388 2,984,170 114,653 9,483,378 David W. Raisbeck 85,955,513 5,035,331 115,360 9,483,385”
Earnings Releases
EASTMAN CHEMICAL CO reported full-year 2024 results: EPS $7.25 to $8.00. Guidance reaffirmed.
“we continue to expect 2024 EPS to be between $7.25 and $8.00 and for 2024 cash from operations to be approximately $1.4 billion.”
Earnings Releases
EASTMAN CHEMICAL CO reported Q1 2023 results: revenue $2,412 million, EPS $1.12.
“Sales revenue $2,310 $2,412 Earnings before interest and taxes ("EBIT") 263 246 Adjusted EBIT* 274 283 Earnings per diluted share 1.39 1.12 Adjusted earnings per diluted share* 1.61 1.63 Net cash used in operating activities (16) (2)”
Earnings Releases
EASTMAN CHEMICAL CO reported Q1 2024 results: revenue $2,310 million, EPS $1.39.
“Sales revenue $2,310 $2,412 Earnings before interest and taxes ("EBIT") 263 246 Adjusted EBIT* 274 283 Earnings per diluted share 1.39 1.12 Adjusted earnings per diluted share* 1.61 1.63 Net cash used in operating activities (16) (2)”
Charles K. Stevens III departed as Director at EASTMAN CHEMICAL CO.
“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.”
Earnings Releases
EASTMAN CHEMICAL CO reported financial results for fourth quarter and full year 2023.
“On February 1, 2024, the registrant publicly released its financial results for fourth quarter and full year 2023.”
Edward L. Doheny II departed as Director at EASTMAN CHEMICAL CO.
“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.”
Earnings Releases
EASTMAN CHEMICAL CO reported financial results for third quarter 2023.
“On October 26, 2023, the registrant publicly released its financial results for third quarter 2023. The full text of the release is furnished as Exhibit 99.01 to this Current Report on Form 8-K, and is incorporated herein by reference.”
Earnings Releases
EASTMAN CHEMICAL CO reported first quarter 2023 results: revenue $2,412, EPS 1.12.
“Products. See “Functional Amines” section of this release and tables for more information. (In millions, except per share amounts; unaudited) 1Q2023 1Q2022 Sales revenue $2,412 $2,714 Earnings before interest and taxes ("EBIT") 246 333 Adjusted EBIT* 283 366 Earnings per diluted share 1.12 1.80 Adjusted earnings per diluted share* 1.63 2.06 Net cash”
Material Agreements
EASTMAN CHEMICAL CO entered into Indenture dated as of June 5, 2012 between Eastman Chemical Company and Computershare Trust Company, National Association (as successor trustee) with Computershare Trust Company, National Association valued at $500,000,000 aggregate principal amount of 5.750% Notes due 2033 (effective 2023-03-08).
“On March 8, 2023, Eastman Chemical Company (the "Company") issued $500,000,000 aggregate principal amount of 5.750% Notes due 2033 (the "Notes") in a public offering pursuant to a registration statement on Form S-3 (File No. 333-257008) and a preliminary prospectus supplement and prospectus supplement related to the offering of the Notes, each as previously filed with the SEC.”
Linnie M. Haynesworth was elected as Director at EASTMAN CHEMICAL CO.
“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.”
Earnings Releases
EASTMAN CHEMICAL CO reported full year 2022 results: revenue $10,580, EPS 6.35.
EASTMAN CHEMICAL CO: Amended and Restated Bylaws to update procedural mechanics for stockholder nominations, adjournment procedures, stockholder lists, and to expressly provide for greater use of technology, effective immediately on December 1, 2022 (effective 2022-12-01).
“On December 1, 2022, in connection with the new U.S. Securities and Exchange Commission rules regarding universal proxy cards and certain recent changes to the Delaware General Corporation Law (the “DGCL”), the Board of Directors of Eastman Chemical Company unanimously adopted Amended and Restated Bylaws of Eastman Chemical Company (the “Amended and Restated Bylaws”), effective immediately.”
Lucian Boldea resigned as Executive Vice President at EASTMAN CHEMICAL CO.
“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.”
Eric L. Butler was elected as Director at EASTMAN CHEMICAL CO.
“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.”
Vanessa L. Allen Sutherland resigned as Director at EASTMAN CHEMICAL CO.
“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.”
Michelle R. Stewart was appointed as Vice President, Corporate Controller and Chief Accounting Officer at EASTMAN CHEMICAL CO.
“on October 8, 2021 Michelle R. Stewart was appointed Vice President, Corporate Controller and Chief Accounting Officer (principal accounting officer) of Eastman Chemical Company”
Michelle R. Stewart was appointed as Principal Accounting Officer at EASTMAN CHEMICAL CO.
“Mr. King will be succeeded as principal accounting officer by current Assistant Controller Michelle R. Stewart.”
Scott V. King departed as Vice President, Corporate Controller & Chief Accounting Officer at EASTMAN CHEMICAL CO.
“Vice President, Corporate Controller & Chief Accounting Officer Scott V. King has decided to retire on October 8, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.