Home / Knowledge / News / Textiles / Eastman Board elects Jim Rogers CEO
Eastman Board elects Jim Rogers CEO
09
Dec '08
Eastman Chemical Company announced that the board of directors has elected James P. Rogers, 57, president and chief executive officer, effective following the annual meeting of stockholders on May 7, 2009. The board also appointed Rogers as a director, effective immediately to serve in the class for which the term in office expires at the annual meeting of stockholders in May 2011. Rogers is currently president of the company and chemicals and fibers business group head.

J. Brian Ferguson, 54, will continue to serve as chairman and CEO through the 2009 annual meeting of stockholders, and then will serve as executive chairman of the board through 2010. These actions come as part of the board's normal succession planning process.

“I am very proud of the many accomplishments our company has made since I became chairman and CEO in 2002,” Ferguson said. “We have restored the fundamental financial health of our company, broadened our business and commercial capabilities, and built a results-driven culture. We've also set a strategic path to sustain and grow Eastman well into the future, and I look forward to remaining a part of that as executive chairman.

“This is the right time to pass the torch to Jim and our talented team of senior executives,” Ferguson said. “The company is well positioned to endure the difficult economic situation because of previous actions we've taken. Jim knows our company well and is a proven and effective leader. His contributions to Eastman have been numerous and significant to our success and I'm very confident he is well prepared to be the next CEO of Eastman Chemical Company.”

“I am honored to have been selected by the board of directors to lead Eastman as the next CEO,” said Rogers. “I look forward to building on the success the company has achieved under Brian's leadership. I also look forward to continuing to work with Brian in his role as executive chairman and with the talented people at Eastman around the world as we serve our customers and our communities, and reward our stockholders.”

Rogers has been in his current role since 2006. Prior to that, he had been executive vice president of the company since 2003. He joined Eastman in 1999 as senior vice president and chief financial officer, and was later appointed chief operations officer of Eastman Division. Before joining Eastman, Rogers served as executive vice president and chief financial officer of GAF Materials Corporation. He also previously served as executive vice president, Finance, of International Specialty Products, Inc.

Speaking on behalf of Eastman's board of directors, Stephen R. Demeritt, chairman of the Nominating and Corporate Governance Committee, said, “Brian has provided great leadership to Eastman since he became CEO in 2002. We look forward to his continuing contributions as executive chairman of the board of directors and to the strategic support he will provide to Jim and the senior leadership team. We are confident that Jim and other senior leaders will continue to execute the company's growth strategy and deliver significant value to Eastman stockholders.”

Eastman Chemical Company

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search