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Corning Inc. (GLW)

18.37 Down 0.25(1.34%) May 4, 4:01PM EDT
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Corning Inc.
One Riverfront Plaza
Corning, NY 14831
United States - Map
Phone: 607-974-9000

Index Membership:N/A
Industry:Diversified Electronics
Full Time Employees:35,700

Business Summary 

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for liquid crystal displays (LCDs) used in LCD televisions, notebook computers, and flat panel desktop monitors. The Optical Communications segment manufactures optical fiber and cable; and hardware and equipment products comprising cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories. This segment also provides subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry. The Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile and stationary, and gasoline and diesel applications. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals. The Life Sciences segment develops, manufactures, and supplies scientific laboratory products consisting of consumables, such as plastic vessels, specialty surfaces, and media, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. It also operates a pharmaceutical glass vessel and a tubing business; and precision materials’ non-LCD business, as well as precision laser cutting/shaping technologies, and flow reactors and adjacency businesses for glass. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is based in Corning, New York.

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Corporate Governance 
Corning Inc.’s ISS Governance QuickScore as of May 1, 2016 is 4. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 6; Compensation: 4.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Wendell P. Weeks , 56
Chairman, Chief Exec. Officer, Pres and Chairman of Exec. Committee
Mr. R. Tony Tripeny , 57
Chief Financial Officer and Sr. VP
Mr. Lawrence D. McRae , 57
Vice Chairman and Corp. Devel. Officer
Mr. James P. Clappin , 59
Pres of Corning Glass Technologies
Mr. Edward A. Schlesinger , 48
Principal Accounting Officer, VP and Corp. Controller
Amounts are as of Dec 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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