Eastman Chemical Company : Eastman Announces Executive Management Appointments
Eastman Announces Executive Management Appointments
Lindsay named COO
KINGSPORT, Tenn., Sept. 9, 2013 - Eastman Chemical Company (NYSE:EMN) today
announced changes in its executive management. Ronald C. Lindsay has been
appointed Chief Operating Officer, Brad A. Lich has been appointed Executive
Vice President and Mark K. Cox has been appointed Senior Vice President. All
appointments are effective January 1, 2014.
"One of Eastman's greatest strengths is the depth and breadth of our
leadership team," said Mark J. Costa, president and CEO-designate. "I have
every confidence that these new appointments will contribute to Eastman's
growth and our continued success in delivering consistent, superior value."
The newly created position of Chief Operating Officer will have executive
responsibility for daily operations of the company and drive efficiencies
through supply chain and operations. As COO, Lindsay will continue to have
responsibility for the company's Adhesives & Plasticizers, Fibers, and
Specialty Fluids & Intermediates segments and supporting manufacturing
operations, as well as Engineering & Construction and Manufacturing Support.
In addition, he will assume responsibility for the supply chain, regional and
"Bringing key operational areas together under Ron's leadership will enhance
the efficiency and effectiveness of our operations," said Costa. "His
experience in operations management and proven track record of success make
him a natural choice for this important new role. I look forward to working
closely with Ron as he oversees the company's day-to-day operations."
Lich has been appointed Executive Vice President, with responsibility for the
company's Additives & Functional Products and Advanced Materials segments, and
the corporate innovation, marketing, sales, and pricing organizations.
Added Costa, "Brad has delivered exceptional business results for Eastman over
the years and I greatly respect his talents and expertise. We are fortunate to
have someone as experienced asBrad assume this key executive position."
Cox has been appointed Senior Vice President, Manufacturing Operations,
Manufacturing Support and Engineering & Construction and will report to the
"Mark has done a tremendous job over the years heading our worldwide
engineering and construction organization and I have every confidence he will
be just as successful in this new role," said Lindsay.
As previously announced, Costa will become Eastman's CEO effective Jan. 1,
2014. James P. Rogers will continue to serve as chairman and CEO until that
time, after which he will serve as executive chairman of the board.
Note to editors: Complete bios and photos are available upon request.
Eastman is a global specialty chemical company that produces a broad range of
products found in items people use every day. With a portfolio of specialty
businesses, Eastman works with customers to deliver innovative products and
solutions while maintaining a commitment to safety and sustainability. Its
market-driven approaches take advantage of world-class technology platforms
and leading positions in attractive end-markets such as transportation,
building and construction and consumables. Eastman focuses on creating
consistent, superior value for all stakeholders. As a globally diverse
company, Eastman serves customers in approximately 100 countries and had 2012
pro forma combined revenues, giving effect to the Solutia acquisition, of
approximately $9.1 billion. The company is headquartered in Kingsport,
Tennessee, USA and employs approximately 14,000 people around the world. For
more information, visit www.eastman.com.
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Media: Tracy Kilgore
Investors: Greg Riddle
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Source: Eastman Chemical Company via Thomson Reuters ONE
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