tiprankstipranks

Eastman Chemical Announces Severance Agreement with Executive

Story Highlights
Eastman Chemical Announces Severance Agreement with Executive

The latest update is out from Eastman Chemical ( (EMN) ).

On March 10, 2025, Eastman Chemical Company entered into a severance agreement with Brad A. Lich, outlining severance benefits in the event of certain employment terminations. The agreement includes a $2 million cash severance payment and up to four months of healthcare coverage, contingent on compliance with restrictive covenants and a release of claims.

More about Eastman Chemical

Eastman Chemical Company operates in the chemical industry, providing a wide range of products including specialty chemicals, advanced materials, and fibers. The company focuses on delivering innovative solutions across various markets, including transportation, building and construction, and consumer goods.

YTD Price Performance: 2.28%

Average Trading Volume: 1,088,425

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $10.64B

See more insights into EMN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App