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Corning Incorporated (GLW)


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29.17-0.01 (-0.03%)
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29.15 -0.02 (-0.07%)
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Corning Incorporated

One Riverfront Plaza
Corning, NY 14831
United States
607-974-9000
http://www.corning.com

SectorTechnology
IndustryDiversified Electronics
Full Time Employees40,700

Key Executives

NameTitlePayExercisedAge
Mr. Wendell P. WeeksChairman, Chief Exec. Officer and Pres7.35M541.7k57
Mr. R. Tony TripenyChief Financial Officer and Sr. VP1.55M291.74k58
Dr. David L. MorseChief Technology Officer and Exec. VP2.23M808.49k65
Mr. Lawrence D. McRaeVice Chairman and Corp. Devel. Officer2.45M768.22k58
Mr. James P. ClappinPres of Corning Glass Technologies5.68M1.79M60
Amounts are as of December 31, 2016 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.

Description

Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials in North America, the Asia Pacific, Europe, and internationally. 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 for various carrier network applications. This segment also offers subscriber demarcation, connection and protection devices, passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. 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 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; and develops and produces technologies for biologic drug production markets. 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 headquartered in Corning, New York.

Corporate Governance

Corning Incorporated’s ISS Governance QualityScore as of May 1, 2017 is 5. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 5; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.