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Saturday, November 21, 2009, 4:05PM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Corning Inc. (GLW)On Nov 20: 16.41  Down 0.16 (0.97%)  
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Corning Inc.
One Riverfront Plaza
Corning, NY 14831
United States - Map
Phone: 607-974-9000
Fax: 607-974-8091
Web Site: http://www.corning.com

DETAILS 
Index Membership:S&P 500
S&P 1500 Super Comp
Sector:Technology
Industry:Communication Equipment
Full Time Employees:27,000

BUSINESS SUMMARY 
Corning Incorporated manufactures and processes specialty glass and ceramics products worldwide. It operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. The Display Technologies segment manufactures glass substrates for active matrix liquid crystal displays (LCDs) that are used primarily in notebook computers, flat panel desktop monitors, and LCD televisions. The Telecommunications segment produces optical fiber and cable, and hardware and equipment products, such as cable assemblies, fiber optic hardware, fiber optic connectors, optical components and couplers, closures and pedestals, splice and test equipment, and other accessories for optical connectivity to the telecommunications industry. This segment also offers optical fiber technology products for various applications, such as premises, fiber-to-the-premises access, metropolitan, long-haul, and submarine networks. The Environmental Technologies segment offers ceramic technologies and solutions for emissions and pollution control in mobile and stationary applications, including gasoline and diesel substrate, and filter products. The Specialty Materials segment manufactures products that provide approximately 150 material formulations for glass, glass ceramics, and fluoride crystals used in commercial and industrial markets. The Life Sciences segment provides microplate products, coated slides, filter plates for genomics sample preparation, plastic cell culture dishes, flasks, cryogenic vials, roller bottles, mass cell culture products, liquid handling instruments, glass beakers, pipettors, serological pipettes, centrifuge tubes, and laboratory filtration products. 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 Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 24.4% of S&P 500 companies and 82.9% of Technology Hardware & Equipment companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Wendell P. Weeks , 49
    Exec. Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 1.33M $ 0
    Mr. James B. Flaws , 60
    Vice Chairman, Chief Financial Officer, Member of Fin. Committee, Member of Pension Committee and Member of Exec. Committee
    $ 1.02M $ 1.61M
    Mr. Peter F. Volanakis , 53
    Pres, Chief Operating Officer, Exec. Director, Member of Fin. Committee, Member of Exec. Committee, Member of Pension Committee and Pres of Corning Technologies
    $ 1.09M $ 4.42M
    Mr. Kirk P. Gregg , 49
    Chief Admin. Officer and Exec. VP
    $ 711.00K $ 4.83M
    Dr. Joseph A. Miller Jr., 67
    Chief Technology Officer and Exec. VP
    $ 750.00K $ 3.09M
    Dollar amounts are as of 31-Dec-08 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.
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