Owens Corning (OC)

91.82 -0.33 (-0.36%) 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: 20,000

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Brian D. Chambers	Pres, CEO & Chair	4.12M	N/A	1967
Mr. Kenneth S. Parks	Exec. VP & CFO	1.69M	N/A	1963
Ms. Gina A. Beredo	Exec. VP, Gen. Counsel & Corp. Sec.	777.51k	N/A	1974
Mr. Daniel T. Smith	Exec. VP & Chief Growth Officer	1.48M	207.51k	1965
Mr. Marcio A. Sandri	Pres of Composites	1.45M	477.61k	1964
Ms. Amber Wohlfarth	Director of Investor Relations	N/A	N/A	N/A
Ms. Paula J. Russell	Exec. VP & Chief HR Officer	N/A	N/A	1979
Mr. Raymund Trost	VP of CSB Europe and Managing Director of CSB Europe	N/A	N/A	N/A
Mr. Dave Rabuano	Sr. VP & Chief Sustainability Officer	N/A	N/A	N/A
Mr. William E. LeBaron	VP and Pres of Owens Corning Construction Services	N/A	N/A	1956

Amounts are as of December 31, 2021 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 markets insulation, roofing, and fiberglass composite materials in the United States, Canada, Europe, the Asia Pacific, and internationally. It operates in three segments: Composites, Insulation, and Roofing. 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 other specialized products. Its products are used in building structures, roofing shingles, tubs and showers, pools, flooring, pipes and tanks, poles, electrical equipment, and wind-energy turbine blades applications in the building and construction, renewable energy, and infrastructure markets. This segment sells its products directly to parts molders, fabricators, and shingle manufacturers. The Insulation segment manufactures and sells insulation products for residential, commercial, industrial, and other markets for thermal and acoustical applications; and glass fiber pipe insulation, flexible duct media, bonded and granulated mineral fiber insulation, cellular glass insulation, and foam insulation products used in construction applications. This segment sells its products primarily to the insulation installers, home centers, lumberyards, retailers, and distributors under the Thermafiber, FOAMULAR, FOAMGLAS, Paroc, Owens Corning PINK, and FIBERGLAS Insulation brand names. The Roofing segment manufactures and sells aminate and strip asphalt roofing shingles, oxidized asphalt materials, and roofing components used in residential and commercial construction, and specialty applications, as well as synthetic packaging materials. This segment sells its products through distributors, home centers, lumberyards, retailers, and contractors, as well as to roofing contractors for built-up roofing asphalt systems; and manufacturers in automotive, chemical, rubber, and construction industries. Owens Corning was incorporated in 1938 and is headquartered in Toledo, Ohio.

Corporate Governance

Owens Corning’s ISS Governance QualityScore as of February 1, 2023 is 3. The pillar scores are Audit: 5; 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.