Eastman Chemical (EMN) executive compensation, 2026 proxy

Mark J. Costa, CEO, was paid $19.5M in 2025, up 22% from $15.9M the year before. The CEO-to-median-employee pay ratio was 179:1, on median employee pay of $109,024.

Filed
March 24, 2026
Annual meeting
May 7, 2026
Pay year
2025
Named executives
5
CEO total pay
$19.5M+22% vs prior year
CEO to median employee
179:1median $109,024
CEO pay in equity
82%$16M in awards
2025 Total Revenue
$8.8BTotal sales revenue
Operating Cash Flow
$970MNet cash provided by operating activities
CEO Target Compensation
$14.0MApproved by Compensation Committee
Stockholders Returned
$500MDividends and share repurchases

How Costa was paid

$19.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards65%Option awards17%Non-equity incentive5%Pension and deferred comp3%All other compensation3%

Named executive officers

ExecutiveTotal
Mark J. CostaCEO$19,498,966
William T. McLain, Jr.EVP and CFO$5,459,955
Brad A. LichEVP and CCO$6,097,092
B. Travis SmithEVP - AFP, MFG, WWE&C and HSE$4,989,797
Christopher M. KillianSVP - CTO and CSO$3,696,226

What changed and why

  • $19.5MCEO Mark J. Costa received total compensation of $19,498,966 for fiscal year 2025.
  • $1BOperating cash flow approached $1 billion during the challenging environment of 2025.
  • $100MCost reduction actions achieved approximately $100 million in savings, exceeding the greater than $75 million target.
  • Kingsport methanolysis facility operational goals were achieved, producing greater than 2.5 times production quantities.
  • $500MDividends were raised for the 16th consecutive year while returning approximately $500 million to stockholders.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.