Eastman Announces 2024 Annual Meeting Stockholder Vote Results
Eastman Chemical Company (EMN) announced the results of the 2024 Annual Meeting Stockholder Vote, where directors were reelected, the appointment of the independent registered public accounting firm was ratified, and the compensation of executive officers was approved. The proxy statement containing detailed information is available online. Eastman is a global specialty materials company focusing on innovation, safety, and sustainability, with 2023 revenue of approximately $9.2 billion.
Directors reelected for one-year terms, providing continuity and stability in leadership.
The appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm was ratified, ensuring financial transparency.
Approval of executive officers' compensation demonstrates stockholders' confidence in the company's leadership and performance.
Eastman's commitment to safety and sustainability highlighted, appealing to environmentally conscious investors.
Details of the final vote totals for matters at the annual meeting will be reported in a Form 8-K filing with the SEC, potentially impacting stock price based on the outcome.
While the proxy statement provides transparency, it may reveal information that could affect investor sentiment negatively if not in line with expectations.
- reelected directors Humberto P. Alfonso, Brett D. Begemann, Eric L. Butler, Mark J. Costa, Linnie M. Haynesworth, Julie F. Holder, Renée J. Hornbaker, Kim Ann Mink, James J. O’Brien, and David W. Raisbeck to one-year terms;
- ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2024; and
- approved, on an advisory basis, the compensation of the company’s executive officers as disclosed in the annual meeting proxy statement (the “say-on-pay” vote).
Additional information about each of the matters acted upon by stockholders at the annual meeting is in the proxy statement that was furnished to stockholders in connection with the meeting. The proxy statement is also available at investors.eastman.com. The final vote totals for the matters acted upon by stockholders at the annual meeting will be reported in a Form 8-K filing with the SEC and also posted on investors.eastman.com.
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 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately
View source version on businesswire.com: https://www.businesswire.com/news/home/20240502273850/en/
Media: Tracy Kilgore Addington
423-224-0498 / tracy@eastman.com
Investors: Greg Riddle
212-835-1620 / griddle@eastman.com
Source: Eastman Chemical Company
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