Eastman Chemical Co 8-K, filed Feb 6, 2020
Eastman Chemical Co (EMN)
8-K
2020-02-06
For: 2020-02-01
View Original
Added on
April 08, 2026
About this 8-K
Eastman Chemical Co filed this 8-K on February 6, 2020, reporting on events of February 1, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in Its Charter)
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||
(Address of Principal Executive Offices) | (Zip Code) | |
(423 ) 229-2000
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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EASTMAN CHEMICAL COMPANY - EMN | ||
Item 5.02(d) Election of Director
On February 1, 2020 the Board of Directors of Eastman Chemical Company (the “Company”) elected Charles K. Stevens III as a director. Mr. Stevens and the other directors serve until the Company's Annual Meeting of Stockholders on May 7, 2020, and he serves as a member of the Audit, Finance, and Health, Safety, Environmental and Security Committees of the Board of Directors. Mr. Stevens will receive non-employee director compensation under the standard arrangements and agreements described in the Company’s 2019 Annual Meeting Proxy Statement and filed as exhibits to the Company’s Annual Report on Form 10-K for 2018, including cash compensation, equity awards, and an indemnification agreement.
The text of the Company’s release announcing the election of Mr. Stevens as a director is filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by this reference.
Item 9.01(d) Financial Statements and Exhibits
The following exhibits are filed pursuant to Item 9.01(d):
104 Cover Page Interactive Data File
EASTMAN CHEMICAL COMPANY - EMN | ||
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/ Brian L. Henry | |
Brian L. Henry | ||
Senior Securities - Governance Counsel and Assistant Secretary | ||
Date: February 6, 2020 | ||
Exhibit 99.1
Eastman Board Elects New Director
KINGSPORT, Tenn., Feb. 6, 2020 - The Board of Directors of Eastman Chemical Company (NYSE:EMN) has elected Charles K. Stevens III as a director. Stevens is retired Executive Vice President and Chief Financial Officer of General Motors Company.
“We are pleased to welcome Chuck to Eastman’s Board of Directors. As the former CFO of GM, he brings strong financial expertise and extensive experience in the automotive market, which is one of our most important end-use markets, and during his career had senior management responsibilities for various geographic markets,” said Mark Costa, Board Chair and CEO. “His proven leadership and decades of experience with a large, multinational company during periods of significant transformation and growth will benefit Eastman as we execute our innovation-driven growth strategy.”
After a 40-year career with General Motors, Stevens retired as Chief Financial Officer in September 2018. As CFO, Stevens led GM’s global financial and accounting operations from 2013. He joined the Buick-Oldsmobile-Cadillac Group in 1978 and served in various positions of increasing responsibility in the financial and operating organizations, including senior financial management responsibility for various regional operations in Asian and North and South American regions from 2002 to 2013.
Mr. Stevens is also a member of the Boards of Directors of Flex Ltd., Masco Corporation, and Tenneco Inc.
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end-markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,500 people around the world and serves customers in more than 100 countries. The company had 2019 revenues of approximately $9.3 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.
Contacts:
Media: Tracy Kilgore Addington
423-224-0498 / tracy@eastman.com
Investors: Greg Riddle
212-835-1620 / griddle@eastman.com