14 May 2013 22:47 [Source: ICIS news]
Correction: In the ICIS story headlined “MOVES: Costa chosen to succeed Rogers as Eastman CEO” dated 14 May 2013, please read in the second paragraph … Costa, 47, will serve as president … instead of … Costa, 46, will serve as executive vice president. Also, the ninth paragraph has been updated, as Eastman is no longer the world’s larger producer of PET polymers for packaging. A corrected story follows.
HOUSTON (ICIS)--Mark Costa will replace James Rogers as CEO of Eastman Chemical effective 1 January 2014, the US-based producer announced on Tuesday.
Effective immediately, Costa, 47, will serve as president of Eastman and as a member of the board of directors.
“Being CEO of Eastman has been a great honour and truly one of the most rewarding experiences of my life,”
Costa has been leading Eastman’s Additives & Functional Products and Advanced Materials segments. He also has served as chief marketing officer and was responsible for the company’s corporate innovation organization.
Costa has been instrumental in developing Eastman’s growth strategies, the company said, and has led Eastman’s global supply chain and served as senior vice president of the Polymers Group.
“I am honoured to have been selected by the board of directors to lead Eastman as the next CEO and as a director,” Costa said. “I personally want to thank Jim for all that he has done for Eastman and for his incredible example of real leadership.”
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