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Owens Corning (OC)

NYSE - NYSE Delayed price. Currency in USD
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181.19-0.20 (-0.11%)
At close: 04:00PM EDT
185.34 +4.15 (+2.29%)
After hours: 06:40PM EDT

Owens Corning

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

Sector(s)Industrials
IndustryBuilding Products & Equipment
Full-time employees18,000

Key executives

NameTitlePayExercisedYear born
Mr. Brian D. ChambersPresident, CEO & Chair4.13MN/A1967
Mr. Todd W. FisterExecutive VP & CFO1.58MN/A1975
Ms. Gina A. BeredoExecutive VP, General Counsel & Corporate Secretary1.25MN/A1974
Mr. Marcio A. SandriPresident of Composites1.46M498.8k1964
Mr. Gunner S. SmithPresident of Roofing1.51M245.99k1974
Ms. Mari K. DoerflerPrincipal Accounting Officer, VP & ControllerN/AN/A1983
Ms. Amber WohlfarthVice President of Corporate Affairs & Investor RelationsN/AN/AN/A
Ms. Paula J. RussellExecutive VP & Chief Human Resources OfficerN/AN/A1979
Mr. Dave RabuanoSenior VP & Chief Sustainability OfficerN/AN/AN/A
Mr. Nicolas Del MonacoPresident of the Company's Global InsulationN/AN/A1978
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes 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 1 June 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 10 indicates higher governance risk.