Lucian Boldea

2021

In 2021, Lucian Boldea earned a total compensation of $5M as Executive Vice President, Additives & Functional Products and Chemical Intermediates at Eastman Chemical, a 29% increase compared to previous year.

Compensation breakdown

Change in Pension Value and Nonqualified Deferred Compensation Earnings$194,629
Non-Equity Incentive Plan$1,292,000
Option Awards$574,886
Salary$670,062
Stock Awards$2,161,711
Other$81,502
Total$4,974,790

Boldea received $2.2M in stock awards, accounting for 43% of the total pay in 2021.

Boldea also received $194.6K of change in pension value and nonqualified deferred compensation earnings, $1.3M in non-equity incentive plan, $574.9K in option awards, $670.1K in salary and $81.5K in other compensation.

Rankings

In 2021, Lucian Boldea's compensation ranked 2,637th out of 12,415 executives tracked by ExecPay. In other words, Boldea earned more than 78.8% of executives.

ClassificationRankingPercentile
All
2,637
out of 12,415
79th
Division
Manufacturing
1,043
out of 5,505
81st
Major group
Chemicals And Allied Products
407
out of 2,375
83rd
Industry group
Plastics Materials And Synthetic Resins, Synthetic
22
out of 47
53rd
Industry
Plastics Materials, Synthetic Resins, and Nonvulcanizable Elastomers
20
out of 36
44th

Pay ratio

Lucian Boldea's Pay$4,974,790
Median Employee's Pay$92,880
Pay Ratio

54

to 1

In 2021, the annual total compensation of Lucian Boldea was $4,974,790.

The annual total compensation of the median employee at Eastman Chemical was $92,880.

The ratio of Lucian Boldea's pay to the pay of median employee was therefore 54 to one.

Source: SEC filing on March 23, 2022.

Boldea's colleagues

We found four more compensation records of executives who worked with Lucian Boldea at Eastman Chemical in 2021.

2021

Mark Costa

Eastman Chemical

Chief Executive Officer

2021

Brad Lich

Eastman Chemical

Executive Vice President and Chief Commercial Officer

2021

William McLain

Eastman Chemical

Chief Financial Officer

2021

Stephen Crawford

Eastman Chemical

Executive Vice President, Chief Technology & Sustainability Officer

News

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