Mark J. Costa
Chairman & Chief Executive Officer
Executive
12 yr
5 reports
Eastman Chemical Company ·EMN
No COO: CEO directly oversees all core functions
Chemicals · Fortune #431 · Functional structure · 14K employees · Kingsport, Tennessee
View as of:
6
CEO span
↓ tighter than peers (avg 8)
1
Avg span
tight
2
Max depth
2 levels
5 yr
Avg tenure
↓ 1.0yr from FY2024
83%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$8.8B
Operating income
$1.5B
Net income
$474M
Total assets
$14.9B
Shares out
114M
Sourced from Eastman Chemical Company DEF 14A · filed 2026-03-24 ↗ View on SEC
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Eastman Chemical Company organizational chart
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Eastman Chemical runs a centralized functional organization with no COO, leaving the CEO with six direct executive reports. This page maps the executive structure, recent leadership changes, compensation, board governance, and peer comparisons to highlight how Eastman manages scale through a lean top team.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Stephen G. Crawford joined as EVP, Chief Technology Officer & Chief Sustainability Officer
Appointed effective January 1, 2026 following transition period.
Source · See change logScenario views in the chart
- Add Chief Operating Officer Introduce a COO to reduce CEO span and consolidate operations and manufacturing oversight.
- Separate Sustainability from CTO Spin sustainability into a standalone role reporting to the CEO as circularity investments scale.
Atlas work this supports
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The people
Who's running this
6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
William T. McLain, Jr.
Executive Vice President & Chief Financial Officer
Finance
6 yr
0 reports
internal
Brad A. Lich
Executive Vice President & Chief Commercial Officer
Commercial
5 yr
0 reports
internal
B. Travis Smith
Executive Vice President – Manufacturing, AFP, WWE&C and HSE
Operations
4 yr
0 reports
internal
Stephen G. Crawford
Executive Vice President, Chief Technology & Sustainability Officer
Technology & Sustainability
0 yr
0 reports
internal
Ik G. Adeyemi
Senior Vice President, Chief Legal Officer & Corporate Secretary
Legal
3 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
Mark J. Costa $19.5M
- Base salary
- $1.41M
- Stock awards
- $12.68M
- Option awards
- $3.28M
- Non-equity incentive
- $987K
- Pension change
- $622K
- Other
- $523K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
Stock ownership requirements
5×CEO base salary
2.5×NEO base salary
5×Director cash retainer
Executives and directors must meet ownership levels within five years.
| Holder | Shares | % of class |
|---|---|---|
| Mark J. Costa | 1.70M | 1.4% |
The businesses
How Eastman Chemical Company divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Finance
800 employees
EVP & CFO (William T. McLain, Jr.)
Oversees financial reporting, treasury, tax, audit, and capital allocation.
Operations & Manufacturing
7K employees
EVP Operations (B. Travis Smith)
Runs global manufacturing, engineering, and health, safety and environmental operations.
Commercial
2K employees
EVP & CCO (Brad A. Lich)
Leads sales, marketing, and customer-facing strategy across end markets.
Technology & Sustainability
1K employees
EVP & CTO/CSO (Stephen G. Crawford)
Directs R&D, innovation platforms, and sustainability initiatives including circularity.
The thesis
Why this org is unusual
Eastman operates without a chief operating officer, leaving the CEO with direct oversight of all major functions.
This structure concentrates decision authority with Mark Costa, who directly manages finance, commercial, operations, technology, sustainability, and legal leadership. The absence of an intermediary COO reflects confidence in a stable, long-tenured executive team and favors functional coordination over layered operational control. The model is consistent with Eastman’s focus on disciplined capital allocation and enterprise-wide integration rather than autonomous business-unit P&Ls.
- No COO role
- High CEO span of control
The comparison
How Eastman Chemical Company stacks up
Relative to diversified chemical peers, Eastman’s structure is more centralized at the CEO level. Companies like Dow and DuPont typically interpose a COO or business presidents between the CEO and operations. Eastman’s approach resembles smaller specialty peers, but is unusual for a multi-billion-dollar global …
Reporting depth
Current signals
What changed recently
The most significant change was the retirement of CTO Chris Killian and the appointment of Stephen Crawford as EVP and CTO/CSO effective January 2026.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
DEF 14A filed 2026-03-24
- CEO
- Mark J. Costa
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 5 yr
Year marked by announced CTO retirement and planned transition.
Named executive officers (5)
- Mark J. Costa - CEO since 2014
- William T. McLain, Jr. - CFO
- Brad A. Lich - CCO
- B. Travis Smith - EVP Operations
- Christopher M. Killian - CTO & CSO
FY2024
DEF 14A filed 2025-03-21
- CEO
- Mark J. Costa
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 6 yr
Stable executive team with no major C-suite changes.
FY2023
DEF 14A filed 2024-03-22
- CEO
- Mark J. Costa
- CEO span
- 5
- C-suite
- 5
- Avg tenure
- 6 yr
Continued functional structure without COO.
Year-over-year changes
Late-2025 planning for CTO succession increased CEO span temporarily.
- CEO span: 5 → 6
- departed Christopher M. Killian - CTO & CSO (8-K filed 2025-10-09)
The board
Board of directors
1 directors. 0 of 1 independent (0%). Source: most recent DEF 14A.
Mark J. Costa
Chair Inside
Chairman & CEO, Eastman Chemical
Also on: International Flavors & Fragrances Inc.
Frequently Asked Questions
Who is the CEO of Eastman Chemical?
Mark J. Costa has served as Chairman and CEO since 2014.
What type of organizational structure does Eastman Chemical use?
Eastman uses a functional organizational structure with centralized executive control.
How many direct reports does Eastman Chemical's CEO have?
The CEO has six direct executive reports.
How has Eastman Chemical's leadership changed recently?
In late 2025, CTO Chris Killian retired and Stephen Crawford was appointed EVP and CTO/CSO effective January 2026.
Does Eastman Chemical have a COO?
No. Eastman does not have a chief operating officer; operations report directly to the CEO.
Sources
- 8-K Filing, Oct 9 2025
- SEC EDGAR: Eastman Chemical Company DEF 14A Proxy Statement
- SEC EDGAR: Eastman Chemical Company 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Eastman Chemical Company organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/eastman-chemical/MLA 9th
"Eastman Chemical Company Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/eastman-chemical/. Accessed .Chicago 17
Creately. "Eastman Chemical Company Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/eastman-chemical/.Original SEC source View on SEC ↗
Eastman Chemical Company. DEF 14A. Filed 2026-03-24. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/915389/000091538926000074/emn-20260324.htmPermanent URL: https://creately.com/org-chart/fortune-500/eastman-chemical/ · last updated 2026-04-01