Corning Management
Management criteria checks 4/4
Corning's CEO is Wendell Weeks, appointed in Apr 2005, has a tenure of 23.33 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 $27.42M. The average tenure of the management team and the board of directors is 7.4 years and 13.8 years respectively.
Key information
Wendell Weeks
Chief executive officer
US$15.6m
Total compensation
| CEO salary percentage | 10.1% |
| CEO tenure | 19yrs |
| CEO ownership | 0.1% |
| Management average tenure | 7.4yrs |
| Board average tenure | 13.8yrs |
Recent management updates
Recent updates
Corning: Near-Term Weakness But Considerable Long-Term Opportunities
Apr 16An Intrinsic Calculation For Corning Incorporated (NYSE:GLW) Suggests It's 23% Undervalued
Apr 11
At US$32.96, Is Corning Incorporated (NYSE:GLW) Worth Looking At Closely?
Mar 30We Think Corning (NYSE:GLW) Is Taking Some Risk With Its Debt
Mar 18Corning: Great Time To Seize This Hidden AI Opportunity
Feb 13Investors Can Find Comfort In Corning's (NYSE:GLW) Earnings Quality
Feb 07Corning (NYSE:GLW) Has Some Difficulty Using Its Capital Effectively
Feb 04Corning: A Growth Story With Reasonable Valuation
Jan 30The Price Is Right For Corning Incorporated (NYSE:GLW)
Jan 23Corning: Recent Weakness Provides Good Buying Opportunities
Jan 13Is Corning Incorporated (NYSE:GLW) Trading At A 34% Discount?
Dec 29Corning: Strike While The Glass Is Hot
Dec 06Corning: Stock Price Decline Is Justified
Nov 28Corning (NYSE:GLW) Will Be Looking To Turn Around Its Returns
Nov 06Corning: Assessing Growth Prospects Amid Economic Uncertainties
Oct 31Corning (NYSE:GLW) Is Paying Out A Larger Dividend Than Last Year
Oct 25These 4 Measures Indicate That Corning (NYSE:GLW) Is Using Debt Extensively
Oct 20Corning: Supportive Megatrends Coupled With A Recovery Story
Oct 17Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28
Oct 08Corning: Glass Technologies Behind AI And Consumer Devices Will Drive Q3 2023
Sep 27At US$31.22, Is It Time To Put Corning Incorporated (NYSE:GLW) On Your Watch List?
Sep 25Corning Incorporated's (NYSE:GLW) Intrinsic Value Is Potentially 52% Above Its Share Price
Sep 10Corning: There Is Still Time To Accumulate Shares
Aug 28Corning (NYSE:GLW) Is Increasing Its Dividend To $0.28
Aug 28Corning: A Timeless Gem Poised For A Comeback
Aug 22Corning's (NYSE:GLW) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Corning (NYSE:GLW) Has Some Way To Go To Become A Multi-Bagger
Jul 21Corning Stock: Bullish Into Q2 Earnings
Jul 12Corning's (NYSE:GLW) Dividend Will Be Increased To $0.28
Jul 09Corning (NYSE:GLW) Takes On Some Risk With Its Use Of Debt
Jul 07Corning (NYSE:GLW) Has Announced That It Will Be Increasing Its Dividend To $0.28
Jun 25Corning: More Measures To Expect Based On Its Management Framework
Jun 22Why Corning Stock Is A Strong Buy
Jun 08Why Corning Incorporated (NYSE:GLW) Could Be Worth Watching
Jun 07Calculating The Intrinsic Value Of Corning Incorporated (NYSE:GLW)
May 26Corning (NYSE:GLW) Will Pay A Larger Dividend Than Last Year At $0.28
May 01Investors Met With Slowing Returns on Capital At Corning (NYSE:GLW)
Apr 18Is Corning (NYSE:GLW) Using Too Much Debt?
Apr 07Should You Be Adding Corning (NYSE:GLW) To Your Watchlist Today?
Mar 27Corning: Opportunities In Fiber Optics, Foldable Phones, Growing Solar Installations
Feb 23Is It Too Late To Consider Buying Corning Incorporated (NYSE:GLW)?
Feb 20Corning raises dividend by 3.7% to $0.28
Feb 08Calculating The Fair Value Of Corning Incorporated (NYSE:GLW)
Feb 04Corning: Now Is A Buy
Jan 27Corning (NYSE:GLW) Might Have The Makings Of A Multi-Bagger
Jan 13Corning: Fair-Valued With Consistent Strategy Paying Off
Jan 11Is Corning (NYSE:GLW) A Risky Investment?
Jan 02Here's Why We Think Corning (NYSE:GLW) Might Deserve Your Attention Today
Dec 22Corning: Currently Overvalued Considering The Risk
Dec 16Is Now The Time To Look At Buying Corning Incorporated (NYSE:GLW)?
Nov 18Why Corning Remains A High-Quality Bargain
Oct 31CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$16m | US$2m | US$581m |
| Sep 30 2023 | n/a | n/a | US$585m |
| Jun 30 2023 | n/a | n/a | US$629m |
| Mar 31 2023 | n/a | n/a | US$911m |
| Dec 31 2022 | US$16m | US$2m | US$1b |
| Sep 30 2022 | n/a | n/a | US$2b |
| Jun 30 2022 | n/a | n/a | US$2b |
| Mar 31 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$21m | US$1m | US$1b |
| Sep 30 2021 | n/a | n/a | US$819m |
| Jun 30 2021 | n/a | n/a | US$851m |
| Mar 31 2021 | n/a | n/a | US$1b |
| Dec 31 2020 | US$19m | US$1m | US$414m |
| Sep 30 2020 | n/a | n/a | US$194m |
| Jun 30 2020 | n/a | n/a | US$104m |
| Mar 31 2020 | n/a | n/a | US$267m |
| Dec 31 2019 | US$14m | US$1m | US$862m |
| Sep 30 2019 | n/a | n/a | US$1b |
| Jun 30 2019 | n/a | n/a | US$1b |
| Mar 31 2019 | n/a | n/a | US$2b |
| Dec 31 2018 | US$15m | US$1m | US$968m |
| Sep 30 2018 | n/a | n/a | -US$736m |
| Jun 30 2018 | n/a | n/a | -US$971m |
| Mar 31 2018 | n/a | n/a | -US$1b |
| Dec 31 2017 | US$17m | US$1m | -US$595m |
Compensation vs Market: Wendell's total compensation ($USD15.63M) is about average for companies of similar size in the US market ($USD13.05M).
Compensation vs Earnings: Wendell's compensation has been consistent with company performance over the past year.
CEO
Wendell Weeks (63 yo)
19yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 19yrs | US$15.63m | 0.10% $ 27.4m | |
| President & COO | 4yrs | US$6.72m | 0.022% $ 5.8m | |
| Executive VP & CFO | 2.2yrs | US$3.57m | 0.0081% $ 2.1m | |
| Executive VP and Chief Legal & Administrative Officer | 10.8yrs | US$5.76m | 0.0039% $ 1.0m | |
| Senior VP & CTO | 1.8yrs | no data | 0.011% $ 2.9m | |
| Senior VP and Chief Digital & Information Officer | 1.4yrs | no data | 0.0086% $ 2.3m | |
| Vice President of Investor Relations | 10.8yrs | no data | no data | |
| VP of Global Employee Relations & Chief Compliance Officer | no data | no data | no data | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | 0.0085% $ 2.3m | |
| Executive VP & Innovation Officer | 11.7yrs | no data | 0.0082% $ 2.2m | |
| Senior Vice President of Global Compensation & Benefits | no data | no data | no data | |
| Executive VP & Chief Strategy Officer | 13.1yrs | US$3.37m | 0.012% $ 3.1m |
7.4yrs
Average Tenure
57yo
Average Age
Experienced Management: GLW's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 23.3yrs | US$15.63m | 0.10% $ 27.4m | |
| Independent Director | 23.3yrs | US$388.92k | 0.011% $ 3.0m | |
| Lead Independent Director | 12.3yrs | US$407.42k | 0.0049% $ 1.3m | |
| Independent Director | 17.3yrs | US$404.92k | 0.0074% $ 1.9m | |
| Independent Director | 25.3yrs | US$376.22k | 0.012% $ 3.1m | |
| Independent Director | 15.2yrs | US$373.32k | 0.0077% $ 2.0m | |
| Independent Director | 5.8yrs | US$363.74k | 0% $ 0 | |
| Independent Director | 17.5yrs | US$376.22k | 0.018% $ 4.7m | |
| Independent Director | 10.8yrs | US$350.22k | 0.0030% $ 804.0k | |
| Independent Director | 12.3yrs | US$374.14k | 0.0067% $ 1.8m | |
| Independent Director | 11.2yrs | US$350.22k | 0.0037% $ 973.3k | |
| Independent Director | 9.2yrs | US$350.22k | 0.0016% $ 431.1k |
13.8yrs
Average Tenure
71.5yo
Average Age
Experienced Board: GLW's board of directors are seasoned and experienced ( 13.8 years average tenure).