Eastman Announces Executive Leadership Retirements and Appointments
(Thomson Reuters ONE) -
KINGSPORT, Tenn., Feb. 23, 2016 - Eastman Chemical Company (NYSE:EMN) today
announced the retirement of two executives and the appointment of two new
executive leaders.
Effective July 1, 2016, Chief Operating Officer Ronald C. Lindsay will retire
after 36 years of service. Godefroy A.F.E. Motte will retire effective April
1, 2016, after 31 years of service. Motte is currently Senior Vice President,
Integrated Supply Chain and Chief Regional and Sustainability Officer.
"Ron has been a valuable member of the Eastman Team for many years. His careful
oversight of the company's day-to-day operations and his leadership, experience,
and pragmatism have been invaluable to Eastman and to me personally. While we
will certainly miss him, we will continue to benefit from his legacy," said Mark
Costa, Chairman of the Board and Chief Executive Officer. "We are also indebted
to Godefroy for his long and distinguished service to Eastman. His contributions
to our outside-U.S. regional business leadership efforts to leverage growth in
emerging markets and his work to optimize assets and global supply chain are
numerous. On behalf of all of us at Eastman, we wish both Ron and Godefroy the
best in their future endeavors."
Eastman also announced the appointments of Damon C. Warmack and Lucian Boldea as
executive officers effective July 1, 2016. Warmack, currently Vice President,
Corporate Development, will be Senior Vice President, Corporate Development and
Chemical Intermediates. Boldea, currently Group Vice President, Additives &
Functional Products, will be Senior Vice President, Additives & Functional
Products.
"Throughout their careers, Damon and Lucian have played significant roles in
many of the company's strategic initiatives, including portfolio management and
driving growth in our high-value, specialty businesses. Together they bring
years of international business and corporate strategy experience, which, along
with their diverse perspectives and unique market insights, will continue to
serve Eastman well."
The company also announced related changes in other executive leadership
responsibilities:
* Effective March 1, Mark K. Cox, currently Senior Vice President and Chief
Manufacturing and Engineering Officer, will assume executive leadership of
global supply chain in addition to his current manufacturing and worldwide
engineering responsibilities.
* Effective March 1, David A. Golden, currently Senior Vice President, Chief
Legal Officer, and Corporate Secretary, will assume executive leadership of
the company's sustainability efforts.
* Effective March 1, Executive Vice President Brad A. Lich will have executive
responsibility for outside-U.S. regional business leadership in addition to
his current responsibilities for the Advanced Materials segment and the
sales and marketing organization. Effective July 1, Lich will become
Executive Vice President and Chief Commercial Officer with additional
executive responsibilities for the Fibers segment and procurement. Lich is
currently responsible for the Additives & Functional Products and Advanced
Materials segments and the sales and marketing organization.
Link to www.eastman.com for complete biographical information and photos for
Damon C. Warmack and Lucian Boldea
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 2015 revenues of approximately
$9.6 billion. The company is headquartered in Kingsport, Tennessee, USA and
employs approximately 15,000 people around the world. For more information,
visit www.eastman.com.
Contacts:
Media: Tracy Kilgore
423-224-0498 / tjkilgore(at)eastman.com
Investors: Greg Riddle
212-835-1620 / griddle(at)eastman.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Eastman Chemical Company via GlobeNewswire
[HUG#1988612]
Unternehmensinformation / Kurzprofil:
Datum: 23.02.2016 - 15:00 Uhr
Sprache: Deutsch
News-ID 452658
Anzahl Zeichen: 5353
contact information:
Town:
Kingsport
Kategorie:
Business News
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