GLW - Corning Incorporated

NYSE - NYSE Delayed Price. Currency in USD

Corning Incorporated

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

SectorTechnology
IndustryElectronic Components
Full Time Employees51,500

Key Executives

NameTitlePayExercisedYear Born
Mr. Wendell P. WeeksChairman, CEO & Pres10.97M5.07M1960
Mr. R. Tony TripenyExec. VP & CFO2.46M1.6M1959
Dr. David L. MorseExec. VP & CTO3.08M1.17M1952
Mr. Lawrence D. McRaeVice Chairman & Corp. Devel. Officer3.44M1.9M1959
Mr. James P. ClappinExec. VP of Corning Glass Technologies3.26M1.14M1957
Amounts are as of December 31, 2017 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 engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. The company's Display Technologies segment manufactures glass substrates for organic light-emitting diodes and liquid crystal displays used in televisions, notebook computers, and flat panel desktop monitors. Its Optical Communications segment manufactures optical fibers and cables; and hardware and equipment products, including 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, various digital subscriber line passive solutions, and outside plant enclosures; and coaxial RF interconnects for the cable television industry and microwave applications. The company's Environmental Technologies segment manufactures ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics, and fluoride crystals. The company's Life Sciences segment develops, manufactures, and supplies laboratory products comprising consumables, such as plastic vessels, specialty surfaces, cell culture media, and serum, as well as general labware and equipment for cell culture research, bioprocessing, genomics, drug discovery, microbiology, and chemistry. This segment sells its products under the Corning, Falcon, Pyrex, and Axygen brands. 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 June 25, 2019 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; 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.