Owens Corning (OC)

172.01 -0.44 (-0.26%) At close: 04:00PM EDT

Owens Corning

One Owens Corning Parkway
Toledo, OH 43659
United States
419 248 8000
https://www.owenscorning.com

Sector(s): Industrials
Industry: Building Products & Equipment
Full Time Employees: 18,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Brian D. Chambers	President, CEO & Chair	4.13M	N/A	1967
Mr. Todd W. Fister	Executive VP & CFO	1.58M	N/A	1975
Ms. Gina A. Beredo	Executive VP, General Counsel & Corporate Secretary	1.25M	N/A	1974
Mr. Marcio A. Sandri	President of Composites	1.46M	498.8k	1964
Mr. Gunner S. Smith	President of Roofing	1.51M	245.99k	1974
Ms. Mari K. Doerfler	Principal Accounting Officer, VP & Controller	N/A	N/A	1983
Ms. Amber Wohlfarth	Vice President of Corporate Affairs & Investor Relations	N/A	N/A	N/A
Ms. Paula J. Russell	Executive VP & Chief Human Resources Officer	N/A	N/A	1979
Mr. Dave Rabuano	Senior VP & Chief Sustainability Officer	N/A	N/A	N/A
Mr. Nicolas Del Monaco	President of the Company's Global Insulation	N/A	N/A	1978

Amounts are as of December 31, 2023 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

Owens Corning manufactures and sells building and construction materials in the United States, Europe, the Asia Pacific, and internationally. It operates in three segments: Roofing, Insulation, and Composites. The Roofing segment manufactures and sells laminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications. This segment sells its products through distributors, home centers, and lumberyards, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. The Insulation segment manufactures and sells thermal and acoustical batts, loosefill insulation, spray foam insulation, foam sheathing and accessories under the Owens Corning PINK, and FIBERGLAS brands; and glass fiber pipe insulation, energy efficient flexible duct media, bonded and granulated mineral wool insulation, cellular glass insulation, and foam insulation under the FOAMULAR, FOAMGLAS, and Paroc brand names used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and glass fiber products in the form of fabrics, non-wovens, and composite lumber. Its products are used in building structures, roofing shingles, tubs and showers, pools, decking, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The company was incorporated in 1938 and is headquartered in Toledo, Ohio.

Corporate Governance

Owens Corning’s ISS Governance QualityScore as of October 1, 2024 is 2. The pillar scores are Audit: 3; Board: 3; Shareholder Rights: 4; Compensation: 2.

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.