Owens Corning Management

Management criteria checks 3/4

Owens Corning's CEO is Brian Chambers, appointed in Aug 2018, has a tenure of 5.67 years. total yearly compensation is $11.24M, comprised of 10.7% salary and 89.3% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth €47.48M. The average tenure of the management team and the board of directors is 2.9 years and 7.9 years respectively.

Key information

Brian Chambers

Chief executive officer

US$11.2m

Total compensation

CEO salary percentage	10.7%
CEO tenure	5.7yrs
CEO ownership	0.3%
Management average tenure	2.9yrs
Board average tenure	7.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Brian Chambers's remuneration changed compared to Owens Corning's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	US$1b
Dec 31 2023	US$11m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$11m	US$1m	US$1b
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$10m	US$1m	US$995m
Sep 30 2021	n/a	n/a	US$1b
Jun 30 2021	n/a	n/a	US$946m
Mar 31 2021	n/a	n/a	US$744m
Dec 31 2020	US$8m	US$1m	-US$383m
Sep 30 2020	n/a	n/a	-US$542m
Jun 30 2020	n/a	n/a	-US$598m
Mar 31 2020	n/a	n/a	-US$556m
Dec 31 2019	US$6m	US$918k	US$405m
Sep 30 2019	n/a	n/a	US$503m
Jun 30 2019	n/a	n/a	US$514m
Mar 31 2019	n/a	n/a	US$497m
Dec 31 2018	US$3m	US$588k	US$545m
Sep 30 2018	n/a	n/a	US$370m
Jun 30 2018	n/a	n/a	US$305m
Mar 31 2018	n/a	n/a	US$280m
Dec 31 2017	US$2m	US$493k	US$289m

Compensation vs Market: Brian's total compensation ($USD11.24M) is above average for companies of similar size in the German market ($USD5.66M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.

CEO

Brian Chambers (56 yo)

5.7yrs

Tenure

US$11,243,256

Compensation

Mr. Brian D. Chambers has been Chief Executive Officer and Director of Owens Corning since April 18, 2019 and serves as its President since August 1, 2018. He serves as Chair at Owens Corning since April 2...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Brian Chambers	President	5.7yrs	US$11.24m	0.35% $ 47.5m
Todd Fister	Executive VP & CFO	less than a year	US$3.25m	0.027% $ 3.7m
Gina Beredo	Executive VP	2.8yrs	US$2.27m	0.0018% $ 248.4k
Marcio Sandri	President of Composites	5.9yrs	US$2.78m	0.084% $ 11.4m
Gunner Smith	President of Roofing	5.7yrs	US$3.83m	0.021% $ 2.9m
Mari Doerfler	Principal Accounting Officer	less than a year	no data	0.0060% $ 817.6k
Amber Wohlfarth	Vice President of Corporate Affairs & Investor Relations	no data	no data	no data
Paula Russell	Executive VP & Chief Human Resources Officer	5yrs	no data	0.024% $ 3.2m
Dave Rabuano	Senior VP & Chief Sustainability Officer	1.9yrs	no data	no data
Nicolas Del Monaco	President of the Company’s Global Insulation	less than a year	no data	0.017% $ 2.3m
Jose Mendez-Andino	Executive VP and Chief Research & Development Officer	3yrs	no data	0.017% $ 2.3m
Brad Lazorka	VP & Treasurer	no data	no data	no data

2.9yrs

Average Tenure

49yo

Average Age

Experienced Management: O5Q's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Brian Chambers	President	5yrs	US$11.24m	0.35% $ 47.5m
Alfred Festa	Independent Director	3.6yrs	US$260.00k	0% $ 0
Eduardo Cordeiro	Independent Director	4.6yrs	US$275.00k	0% $ 0
Paul Martin	Independent Director	3.2yrs	US$260.00k	0% $ 0
John Williams	Independent Director	12.4yrs	US$260.08k	0% $ 0
Suzanne Nimocks	Lead Independent Director	11.6yrs	US$310.00k	0.013% $ 1.8m
Edward Lonergan	Independent Director	10.6yrs	US$280.00k	0.0023% $ 315.3k
W. Morris	Independent Director	17.3yrs	US$260.00k	0.0046% $ 622.4k
Maryann Mannen	Independent Director	9.7yrs	US$285.00k	0% $ 0
Adrienne Elsner	Independent Director	6.2yrs	US$260.00k	0% $ 0

7.9yrs

Average Tenure

62.5yo

Average Age

Experienced Board: O5Q's board of directors are considered experienced (7.9 years average tenure).

Owens Corning Management

Management criteria checks 3/4

Key information

Recent management updates

Insufficient new directors

President of Roofing recently sold €1.0m worth of stock

Insufficient new directors

Insufficient new directors

President of Insulation recently sold €675k worth of stock

Owens Corning Announces Executive Changes, Effective on September 15, 2023

Recent updates

First quarter 2024 earnings released: EPS: US$3.43 (vs US$4.20 in 1Q 2023)

Owens Corning Provides Earnings Guidance for the Second Quarter of 2024

Insufficient new directors

Owens Corning to Report Q1, 2024 Results on Apr 24, 2024

Upcoming dividend of US$0.60 per share

President of Roofing recently sold €1.0m worth of stock

Full year 2023 earnings released: EPS: US$13.27 (vs US$12.85 in FY 2022)

Owens Corning Provides Sales Guidance for the First Quarter of 2024

Owens Corning (NYSE:OC) entered into an agreement to acquire Masonite International Corporation (NYSE:DOOR) for $3 billion.

Owens Corning (NYSE:OC) entered into an agreement to acquire Masonite International Corporation (NYSE:DOOR) for $3 billion.

Third quarter dividend of US$0.60 announced

Owens Corning Declares First-Quarter 2024 Dividend, Payable on April 4, 2024

Owens Corning to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.60 per share at 1.6% yield

Investor sentiment improves as stock rises 29%

Insufficient new directors

Owens Corning Declares Fourth-Quarter Cash Dividend, Payable on January 19, 2024

Investor sentiment deteriorates as stock falls 17%

Third quarter 2023 earnings released: EPS: US$3.74 (vs US$4.88 in 3Q 2022)

Upcoming dividend of US$0.52 per share at 1.6% yield

Owens Corning to Report Q3, 2023 Results on Oct 25, 2023

Insufficient new directors

Owens Corning Declares Cash Dividend for the Third Quarter of 2023, Payable on November 3, 2023

New minor risk - Insider selling

President of Insulation recently sold €675k worth of stock

Owens Corning Announces Executive Changes, Effective on September 15, 2023

Owens Corning Announces Retirement of Daniel T. Smith as Executive Vice President and Chief Growth Officer, Effective February 15, 2024

Owens Corning Provides Earnings Guidance for Third-Quarter 2023

Second quarter 2023 earnings released: EPS: US$3.81 (vs US$3.51 in 2Q 2022)

Upcoming dividend of US$0.52 per share at 1.6% yield

Owens Corning to Report Q2, 2023 Results on Jul 26, 2023

New major risk - Revenue and earnings growth

Owens Corning Declares Cash Dividend for the Second Quarter of 2023, Payable on August 4, 2023

Investor sentiment improves as stock rises 21%

First quarter 2023 earnings released: EPS: US$4.20 (vs US$3.06 in 1Q 2022)

Upcoming dividend of US$0.52 per share at 2.1% yield

Full year 2022 earnings released: EPS: US$12.85 (vs US$9.61 in FY 2021)

Investor sentiment improves as stock rises 17%

Owens Corning Declares Cash Dividend for the First-Quarter of 2023, Payable on April 6, 2023

Owens Corning to Report Q4, 2022 Results on Feb 15, 2023

JSC NPK Khimprominginiring completed the acquisition of Russian operations of OWENS.

Owens Corning Declares Quarterly Dividend, Payable on January 19, 2023

An unknown buyer entered entered into an agreement to acquire Russian operations of OWENS.

Owens Corning to Report Q3, 2022 Results on Oct 26, 2022

Owens Corning Declares Third Quarter 2022 Dividend, Payable on November 3, 2022

Insider recently sold €175k worth of stock

Owens Corning (NYSE:OC) completed the acquisition of Natural Polymers, LLC.

Second quarter 2022 earnings released: EPS: US$3.51 (vs US$2.85 in 2Q 2021)

An unknown buyer acquired European dry-use chopped strand (DUCS) manufacturing assets from Owens Corning (NYSE:OC).

Upcoming dividend of US$0.35 per share

Owens Corning to Report Q2, 2022 Results on Jul 27, 2022

Owens Corning (NYSE:OC) signed an agreement to acquire Natural Polymers, Llc.

Owens Corning (NYSE:OC) signed an agreement to acquire Natural Polymers, Llc.

Investor sentiment deteriorated over the past week

Owens Corning Declares Dividend for the Second Quarter of 2022 , Payable on August 4, 2022

Owens Corning (NYSE:OC) acquired WearDeck from JR Plastics Corporation.

First quarter 2022 earnings released: EPS: US$3.06 (vs US$1.99 in 1Q 2021)

Owens Corning (NYSE:OC) signed an agreement to acquire WearDeck from JR Plastics Corporation.

Owens Corning to Report Q1, 2022 Results on Apr 27, 2022

Owens Corning Names David Rabuano as Senior Vice President and Chief Sustainability Officer, Effective May 1, 2022 Succeeding Frank O’Brien-Bernini

Upcoming dividend of US$0.35 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Owens Corning Declares Cash Dividend for the First Quarter of 2022, Payable on April 7, 2022

Upcoming dividend of US$0.35 per share

President of Roofing recently sold €693k worth of stock

Third quarter 2021 earnings released: EPS US$2.52 (vs US$1.89 in 3Q 2020)

Upcoming dividend of US$0.26 per share

Independent Director recently sold €155k worth of stock

Independent Director recently sold €155k worth of stock