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Eastman Board Elects New Director

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Eastman Chemical Company (NYSE:EMN) has appointed Vanessa L. Allen Sutherland to its Board of Directors. She currently serves as Executive Vice President and Chief Legal Officer at Norfolk Southern Corporation and has extensive experience in environmental compliance and public policy. Mark Costa, CEO, expressed confidence in her ability to contribute to Eastman's transformation into a leading material innovation company. Allen Sutherland's background includes significant roles in government and industry, enhancing the board's diverse skill set.

Positive
  • Appointment of Vanessa L. Allen Sutherland adds experienced leadership to the board.
  • Her background in regulatory compliance and crisis management is beneficial for Eastman's growth.
Negative
  • Potential continuity concerns as the board undergoes changes.

The Board of Directors of Eastman Chemical Company (NYSE:EMN) has elected Vanessa L. Allen Sutherland as a director. Ms. Allen Sutherland is Executive Vice President and Chief Legal Officer of Norfolk Southern Corporation, a major transporter of industrial products. In addition to her corporate role at Norfolk Southern, Ms. Allen Sutherland has been elected to the board of Southern Company Gas, a subsidiary of Southern Company, effective Feb. 16, 2021.

Vanessa L. Allen Sutherland (Photo: Business Wire)

Vanessa L. Allen Sutherland (Photo: Business Wire)

“We are pleased to welcome Vanessa to Eastman’s Board of Directors. With more than 25 years of experience in both government and industry, Vanessa brings a deep understanding of environmental and regulatory compliance, public policy and crisis management,” said Mark Costa, Board Chair and CEO. “I look forward to adding Vanessa’s diverse skills and perspectives to our board as we continue our transformation to a leading material innovation company.”

Before joining Norfolk Southern in 2018, Ms. Allen Sutherland, 49, was appointed by President Obama as Chair and CEO of the U.S. Chemical Safety and Hazard Investigation Board. Prior to that, she served as a presidentially appointed Chief Counsel to the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration. Before her public service, Ms. Allen Sutherland gained extensive industry experience, having served as senior counsel for Altria Client Services, Inc. and for Phillip Morris International Inc. Earlier in her career, she served as vice president and deputy general counsel, Digex, Inc., a subsidiary of MCI Telecommunications Corporation.

Ms. Allen Sutherland received a B.A. in political science and art history from Drew University. She received her J.D. and MBA from American University.

Founded in 1920, Eastman is a global advanced materials and specialty additives 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 more than 100 countries and had 2020 revenues of approximately $8.5 billion. The company is headquartered in Kingsport, Tennessee, USA and employs approximately 14,500 people around the world. For more information, visit www.eastman.com.

FAQ

Who has been appointed to Eastman Chemical Company's board?

Vanessa L. Allen Sutherland has been appointed to Eastman Chemical Company's Board of Directors.

What experience does Vanessa L. Allen Sutherland bring to Eastman?

She brings over 25 years of experience in government and industry, focusing on environmental compliance and public policy.

What is Vanessa L. Allen Sutherland's role at Norfolk Southern?

She serves as Executive Vice President and Chief Legal Officer at Norfolk Southern Corporation.

When did Vanessa L. Allen Sutherland join Eastman Chemical Company's board?

Vanessa L. Allen Sutherland was elected to the board recently, as announced in the press release.

Eastman Chemical Company

NYSE:EMN

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Plastic Materials, Synth Resins & Nonvulcan Elastomers
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