Mark J.  Costa net worth and biography

Mark Costa Biography and Net Worth

Mark Costa is Board Chair and Chief Executive Officer of Eastman, a global material innovation company that leverages its world-class technology platforms, deep customer engagement, and differentiated application development to deliver innovative, sustainable solutions to customers in diverse end markets such as transportation, building and construction, and consumables.

Throughout his career at Eastman, Mark has been instrumental in developing the strategies, capabilities, and outcome-driven culture that have led to the company’s greatest period of innovative growth.

He has led the company through a major transformation to becoming a leading material innovation company, beginning with a significant change in portfolio by divesting commodity businesses and acquiring and integrating several specialty companies. This transformation has been fueled by his belief in the power of innovation to create value for all stakeholders and deliver on the company’s purpose of enhancing the quality of life in a material way.

As a champion of sustainable innovations, Mark has overseen the launch of Eastman’s two new Advanced Circular Recycling technologies aimed at helping to solve the global waste crisis and meaningfully address climate change.

Mark’s passion for a more inclusive and diverse workforce has led to a stronger company culture that strives to create an environment where all employees can bring their true selves to work without fear of bias or discrimination so they can contribute to their fullest potential.

Mark first came to know Eastman during his time as a senior partner with Monitor, the world’s leading strategy consulting firm. In 2006, Mark joined Eastman’s executive team as Chief Marketing Officer and leader of corporate strategy and business development. He was named Executive Vice President and assumed profit and loss responsibilities for Specialty Plastics and Performance Polymers businesses in addition to his prior responsibilities in 2008. The following year, his role was expanded to lead the Specialty Products businesses. During this time, he also served as Chief Marketing Officer and headed the global integrated supply chain as well as Eastman’s global innovation and sustainability initiatives. In 2013, Mark was named President of Eastman Chemical Company and was appointed to the company’s Board of Directors. He assumed his current position in 2014.

Mark serves on the Executive Committee for the American Chemistry Council. He is also an active member of the Society for Chemical Industries (SCI), The Business Roundtable, and The Business Council.

A native of Carmel, California, Mark received a bachelor's degree in economics from the University of California at Berkeley, and an M.B.A. from Harvard Business School. Mark is married and has two sons. In his spare time, he enjoys playing tennis, skiing, and mountain biking.

What is Mark J. Costa's net worth?

The estimated net worth of Mark J. Costa is at least $38.14 million as of May 7th, 2024. Mr. Costa owns 395,699 shares of Eastman Chemical stock worth more than $38,137,470 as of July 25th. This net worth evaluation does not reflect any other assets that Mr. Costa may own. Additionally, Mr. Costa receives an annual salary of $3,370,000.00 as CEO at Eastman Chemical. Learn More about Mark J. Costa's net worth.

How old is Mark J. Costa?

Mr. Costa is currently 58 years old. There are 7 older executives and no younger executives at Eastman Chemical. Learn More on Mark J. Costa's age.

What is Mark J. Costa's salary?

As the CEO of Eastman Chemical, Mr. Costa earns $3,370,000.00 per year. Learn More on Mark J. Costa's salary.

How do I contact Mark J. Costa?

The corporate mailing address for Mr. Costa and other Eastman Chemical executives is PO BOX 511 200 SOUTH WILCOX DRIVE, KINGSPORT TN, 37662. Eastman Chemical can also be reached via phone at (423) 229-2000 and via email at [email protected]. Learn More on Mark J. Costa's contact information.

Has Mark J. Costa been buying or selling shares of Eastman Chemical?

Mark J. Costa has not been actively trading shares of Eastman Chemical within the last three months. Most recently, Mark J. Costa sold 102,390 shares of the business's stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $100.78, for a transaction totalling $10,318,864.20. Following the completion of the sale, the chief executive officer now directly owns 395,699 shares of the company's stock, valued at $39,878,545.22. Learn More on Mark J. Costa's trading history.

Who are Eastman Chemical's active insiders?

Eastman Chemical's insider roster includes Lucian Boldea (VP), Mark Costa (CEO), Mark Cox (SVP), Stephen Crawford (EVP), Adrian Holt (SVP), Christopher Killian (SVP), Scott King (CAO), Brad Lich (EVP), and Perry Stuckey (SVP). Learn More on Eastman Chemical's active insiders.

Are insiders buying or selling shares of Eastman Chemical?

During the last year, insiders at the basic materials company sold shares 4 times. They sold a total of 112,762 shares worth more than $11,301,134.07. The most recent insider tranaction occured on June, 3rd when SVP Adrian James Holt sold 1,975 shares worth more than $195,959.50. Insiders at Eastman Chemical own 1.9% of the company. Learn More about insider trades at Eastman Chemical.

Information on this page was last updated on 6/3/2024.

Mark J. Costa Insider Trading History at Eastman Chemical

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/7/2024Sell102,390$100.78$10,318,864.20395,699View SEC Filing Icon  
8/12/2021Sell45,000$115.30$5,188,500.00265,381View SEC Filing Icon  
2/24/2021Sell74,301$113.75$8,451,738.75310,881View SEC Filing Icon  
11/9/2020Sell7,938$90.23$716,245.74323,717View SEC Filing Icon  
11/6/2020Sell25,062$85.91$2,153,076.42323,717View SEC Filing Icon  
8/3/2018Sell20,000$100.00$2,000,000.00190,584View SEC Filing Icon  
2/8/2018Sell55,000$98.26$5,404,300.00212,991View SEC Filing Icon  
2/17/2017Sell16,250$79.97$1,299,512.50181,101View SEC Filing Icon  
5/10/2016Sell38,400$75.16$2,886,144.00185,730View SEC Filing Icon  
2/22/2016Sell56,000$62.83$3,518,480.00162,726View SEC Filing Icon  
8/9/2012Sell15,000$54.22$813,300.00View SEC Filing Icon  
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Mark J. Costa Buying and Selling Activity at Eastman Chemical

This chart shows Mark J Costa's buying and selling at Eastman Chemical by year and by quarter.

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Eastman Chemical Company Overview

Eastman Chemical logo
Eastman Chemical Company operates as a specialty materials company in the United States, China, and internationally. The company's Additives & Functional Products segment offers amine derivative-based building blocks, intermediates for surfactants, metam-based soil fumigants, and organic acid-based solutions; specialty coalescent and solvents, paint additives, and specialty polymers; and heat transfer and aviation fluids. It serves transportation, personal care, wellness, food, feed, agriculture, building and construction, water treatment, energy, consumables, durables, and electronics markets. Its Advanced Materials segment provides copolyesters, cellulosic biopolymers, cellulose esters, polyvinyl butyral sheets, and window and protective films for value-added end uses in the transportation, durables, electronics, building and construction, medical and pharma, and consumables markets. The company's Chemical Intermediates segment offers olefin and acetyl derivatives, ethylene, and commodity solvents; and primary non-phthalate and phthalate plasticizers, and niche non-phthalate plasticizers for industrial chemicals and processing, building and construction, health and wellness, and food and feed. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, acetic acid, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns, and staple fiber for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, and aerospace markets. The company was founded in 1920 and is headquartered in Kingsport, Tennessee.
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Today's Range

Now: $97.36
Low: $95.77
High: $98.17

50 Day Range

MA: $98.99
Low: $94.54
High: $103.88

2 Week Range

Now: $97.36
Low: $68.89
High: $105.98

Volume

513,584 shs

Average Volume

973,913 shs

Market Capitalization

$11.45 billion

P/E Ratio

12.55

Dividend Yield

3.33%

Beta

1.46