Corning Incorporated

NYSE:GLW Stock Report

Market Cap: US$40.5b

Corning Management

Management criteria checks 4/4

Corning's CEO is Wendell Weeks, appointed in Apr 2005, has a tenure of 19.67 years. total yearly compensation is $15.63M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth $41.96M. The average tenure of the management team and the board of directors is 8 years and 11.6 years respectively.

Key information

Wendell Weeks

Chief executive officer

US$15.6m

Total compensation

CEO salary percentage10.1%
CEO tenure19.7yrs
CEO ownership0.1%
Management average tenure8yrs
Board average tenure11.6yrs

Recent management updates

Recent updates

Is Corning Incorporated (NYSE:GLW) Trading At A 26% Discount?

Dec 03
Is Corning Incorporated (NYSE:GLW) Trading At A 26% Discount?

Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28

Nov 05
Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28

Corning Q3 2024 Earnings Review: EPS And Revenue Beat, Guidance Increased

Oct 29

Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28

Oct 19
Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28

Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28

Oct 05
Corning (NYSE:GLW) Is Due To Pay A Dividend Of $0.28

Generative AI And Springboard Plan Drive Higher Corning Earnings

Sep 17

Corning's (NYSE:GLW) Dividend Will Be $0.28

Aug 20
Corning's (NYSE:GLW) Dividend Will Be $0.28

Corning: Bullish AI Catalysts From Partners Lumen And Google

Aug 14

Some Investors May Be Willing To Look Past Corning's (NYSE:GLW) Soft Earnings

Aug 09
Some Investors May Be Willing To Look Past Corning's (NYSE:GLW) Soft Earnings

Corning (NYSE:GLW) Will Pay A Dividend Of $0.28

Jul 22
Corning (NYSE:GLW) Will Pay A Dividend Of $0.28

What To Do After Corning Shares Rallied

Jul 09

Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28

Jun 29
Corning (NYSE:GLW) Has Affirmed Its Dividend Of $0.28

Corning: Better Days Are Ahead

Jun 25

Investors Appear Satisfied With Corning Incorporated's (NYSE:GLW) Prospects

Jun 07
Investors Appear Satisfied With Corning Incorporated's (NYSE:GLW) Prospects

Corning: The Rally Is Just Getting Started

Jun 03

Corning's (NYSE:GLW) Dividend Will Be $0.28

May 22
Corning's (NYSE:GLW) Dividend Will Be $0.28

Investors Could Be Concerned With Corning's (NYSE:GLW) Returns On Capital

May 14
Investors Could Be Concerned With Corning's (NYSE:GLW) Returns On Capital

Corning: Earnings Recovery To Monitor

May 02

Corning: Near-Term Weakness But Considerable Long-Term Opportunities

Apr 16

An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued

Apr 11
An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued

At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

Mar 30
At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?

We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt

Mar 18
We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt

Corning: Great Time To Seize This Hidden AI Opportunity

Feb 13

Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Feb 07
Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality

Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Feb 04
Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively

Corning: A Growth Story With Reasonable Valuation

Jan 30

The Price Is Right For Corning Incorporated (NYSE:GLW)

Jan 23
The Price Is Right For Corning Incorporated (NYSE:GLW)

Corning: Recent Weakness Provides Good Buying Opportunities

Jan 13

Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Dec 29
Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?

Corning: Strike While The Glass Is Hot

Dec 06

Corning: Stock Price Decline Is Justified

Nov 28

Corning: Assessing Growth Prospects Amid Economic Uncertainties

Oct 31

Corning: Supportive Megatrends Coupled With A Recovery Story

Oct 17

Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023

Sep 27

Corning: There Is Still Time To Accumulate Shares

Aug 28

Corning: A Timeless Gem Poised For A Comeback

Aug 22

CEO Compensation Analysis

How has Wendell Weeks's remuneration changed compared to Corning's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Sep 30 2018n/an/a

-US$736m

Jun 30 2018n/an/a

-US$971m

Mar 31 2018n/an/a

-US$1b

Dec 31 2017US$17mUS$1m

-US$595m

Compensation vs Market: Wendell's total compensation ($USD15.63M) is about average for companies of similar size in the US market ($USD12.88M).

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

CEO

Wendell Weeks (64 yo)

19.7yrs

Tenure

US$15,627,653

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 & CEO19.7yrsUS$15.63m0.10%
$ 42.0m
Eric Musser
President & COO4.7yrsUS$6.72m0.021%
$ 8.7m
Edward Schlesinger
Executive VP & CFO2.8yrsUS$3.57m0.0093%
$ 3.8m
Lewis Steverson
Executive VP and Chief Legal & Administrative Officer11.5yrsUS$5.76m0.0019%
$ 785.8k
Jaymin Amin
Senior VP & CTO2.5yrsno data0.011%
$ 4.3m
Soumya Seetharam
Senior VP and Chief Digital & Information Officer2.1yrsno data0.0052%
$ 2.1m
Ann H. Nicholson
Vice President of Investor Relations11.4yrsno datano data
Kevin Corliss
VP of Global Employee Relations & Chief Compliance Officerno datano datano data
Jordana Kammerud
Senior VP & Chief Human Resources Officer1.4yrsno data0.0072%
$ 2.9m
Martin Curran
Executive VP & Innovation Officer12.3yrsno data0.0012%
$ 490.1k
John MacMahon
Senior Vice President of Global Compensation & Benefitsno datano datano data
Li Fang
Senior Vice President of Corning International & New Business Development of Solar12.7yrsno datano data

8.0yrs

Average Tenure

60yo

Average Age

Experienced Management: GLW's management team is seasoned and experienced (8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Wendell Weeks
Chairman & CEO24yrsUS$15.63m0.10%
$ 42.0m
Pamela Craig
Independent Director3.5yrsUS$356.47kno data
Deborah Rieman
Independent Director25.9yrsUS$376.22k0.012%
$ 4.8m
Mark Wrighton
Independent Director15.8yrsUS$373.32k0.0077%
$ 3.1m
Leslie Brun
Independent Director6.4yrsUS$363.74kno data
Robert Cummings
Independent Director18.2yrsUS$376.22k0.018%
$ 7.2m
Deborah Henretta
Independent Director11.4yrsUS$350.22k0.0030%
$ 1.2m
Stephanie Burns
Lead Independent Director12.9yrsUS$374.14k0.0067%
$ 2.7m
Kevin Martin
Independent Director11.8yrsUS$350.22k0.0037%
$ 1.5m
Roger Ferguson
Independent Director3.7yrsUS$355.42k0.00081%
$ 328.1k
Daniel Huttenlocher
Independent Director9.8yrsUS$350.22k0.0016%
$ 656.2k
Thomas French
Independent Director1.5yrsUS$213.43kno data

11.6yrs

Average Tenure

68yo

Average Age

Experienced Board: GLW's board of directors are seasoned and experienced ( 11.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 .

Analyst Sources

Corning Incorporated is covered by 46 analysts. 12 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