Corning Management

Management criteria checks 2/4

Corning's CEO is Wendell Weeks, appointed in Apr 2005, has a tenure of 24.33 years. total yearly compensation is $21.67M, comprised of 7.5% salary and 92.5% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €35.72M. The average tenure of the management team and the board of directors is 5 years and 12 years respectively.

Key information

Wendell Weeks

Chief executive officer

US$21.7m

Total compensation

CEO salary percentage7.5%
CEO tenure20yrs
CEO ownership0.1%
Management average tenure5yrs
Board average tenure12yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Wendell Weeks's remuneration changed compared to Corning's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$22mUS$2m

US$506m

Sep 30 2024n/an/a

US$156m

Jun 30 2024n/an/a

US$437m

Mar 31 2024n/an/a

US$614m

Dec 31 2023US$16mUS$2m

US$581m

Sep 30 2023n/an/a

US$585m

Jun 30 2023n/an/a

US$629m

Mar 31 2023n/an/a

US$911m

Dec 31 2022US$16mUS$2m

US$1b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$1b

Dec 31 2021US$21mUS$1m

US$1b

Sep 30 2021n/an/a

US$819m

Jun 30 2021n/an/a

US$851m

Mar 31 2021n/an/a

US$1b

Dec 31 2020US$19mUS$1m

US$414m

Sep 30 2020n/an/a

US$194m

Jun 30 2020n/an/a

US$104m

Mar 31 2020n/an/a

US$267m

Dec 31 2019US$14mUS$1m

US$862m

Sep 30 2019n/an/a

US$1b

Jun 30 2019n/an/a

US$1b

Mar 31 2019n/an/a

US$2b

Dec 31 2018US$15mUS$1m

US$968m

Compensation vs Market: Wendell's total compensation ($USD21.67M) is above average for companies of similar size in the German market ($USD5.24M).

Compensation vs Earnings: Wendell's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Wendell Weeks (64 yo)

20yrs

Tenure

US$21,668,436

Compensation

Mr. Wendell P. Weeks has been the Chief Executive Officer of Corning Incorporated at Corning Optical Communications LLC since April 26, 2005 and has been its Chairman since April 26, 2007. Mr. Weeks has be...


Leadership Team

NamePositionTenureCompensationOwnership
Wendell Weeks
Chairman & CEO20yrsUS$21.67m0.11%
€ 35.7m
Eric Musser
President & COO5yrsUS$9.93m0.024%
€ 7.9m
Edward Schlesinger
Executive VP & CFO3.2yrsUS$5.16m0.011%
€ 3.8m
Lewis Steverson
Executive VP and Chief Legal & Administrative Officer11.8yrsUS$7.41m0.0066%
€ 2.2m
Avery Nelson
Senior VP and GM of Automotive5yrsUS$4.52m0.0098%
€ 3.2m
John Zhang
Senior VP & GM of Displayno dataUS$6.29m0.0021%
€ 685.8k
Jaymin Amin
Senior VP & CTO2.8yrsno data0.013%
€ 4.3m
Soumya Seetharam
Senior VP and Chief Digital & Information Officer2.4yrsno data0.0053%
€ 1.8m
Ann H. Nicholson
Vice President of Investor Relations11.8yrsno datano data
Kevin Corliss
VP of Global Employee Relations & Chief Compliance Officerno datano datano data
Jordana Kammerud
Senior VP & Chief Human Resources Officer1.8yrsno data0.0072%
€ 2.4m
Martin Curran
Executive VP & Innovation Officer12.7yrsno data0.0012%
€ 402.8k

5.0yrs

Average Tenure

55.5yo

Average Age

Experienced Management: GLW's management team is seasoned and experienced (5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wendell Weeks
Chairman & CEO24.3yrsUS$21.67m0.11%
€ 35.7m
Pamela Craig
Independent Director3.8yrsUS$356.47kno data
Deborah Rieman
Independent Director26.3yrsUS$375.40k0.012%
€ 3.9m
Mark Wrighton
Independent Director16.2yrsUS$377.51k0.0077%
€ 2.6m
Leslie Brun
Independent Director6.8yrsUS$368.01kno data
Robert Cummings
Independent Director18.5yrsUS$380.01k0.018%
€ 5.9m
Deborah Henretta
Independent Director11.8yrsUS$356.86k0.0030%
€ 1.0m
Stephanie Burns
Lead Independent Director13.3yrsUS$406.63k0.0066%
€ 2.2m
Kevin Martin
Independent Director12.2yrsUS$356.16k0.0037%
€ 1.2m
Roger Ferguson
Independent Director4yrsUS$364.63k0.00081%
€ 269.7k
Daniel Huttenlocher
Independent Director10.2yrsUS$355.01k0.0016%
€ 539.3k
Thomas French
Independent Director1.8yrsUS$366.76kno data

12.0yrs

Average Tenure

68yo

Average Age

Experienced Board: GLW's board of directors are seasoned and experienced ( 12 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/28 13:56
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Corning Incorporated is covered by 43 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James KelleherArgus Research Company
Ishan MajumdarBaptista Research
Amir RozwadowskiBarclays