CORNING INC /NY
Close on Oct 19, 2026
- Market cap
- $116.15B
- P/E (TTM)
- 60.6
- Dividend yield
- 0.84%
About Corning
Drawing & Insulating of Nonferrous Wire, SIC 3357
Corning Incorporated manufactures and supplies specialty glass, ceramics, and optical physics solutions across five core segments: Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences. In Optical Communications, it provides optical fiber, cabling, and hardware infrastructure for telecommunications carriers and enterprise network operators. The Display segment manufactures glass substrates for flat panel LCD and OLED displays. Specialty Materials produces chemically strengthened cover glass, precision optics, and glass wafers for mobile consumer electronics and semiconductor manufacturers. Its Automotive segment supplies emissions-control ceramic substrates, particulate filters, and technical glass solutions to catalyzers and vehicle producers. The Life Sciences segment offers laboratory consumables and equipment to researchers, pharmaceutical firms, and academic institutions.
The corporation operates manufacturing facilities in 14 countries, including the United States, China, South Korea, Taiwan, Germany, Poland, France, Mexico, Brazil, and India. Across 44 countries worldwide, it employs approximately 67,200 individuals. Corning traces its corporate history to a glass business established in 1851 and maintains its corporate incorporation in the State of New York.
Summary of the business section of Corning's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CORNING INC /NY
- Founded
- 1851
- Headquarters
- Corning, NY
- Address
- One Riverfront Plaza 14831
- Phone
- (607) 974-9000
- Website
- www.corning.com
- Employees
- 11,100, Dec 31, 2021
- Industry
- Drawing & Insulating of Nonferrous Wire
- Incorporated in
- New York
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, New York, New York
Stock & identifiers
- Ticker
- GLW
- Exchange
- NYSE
- Shares outstanding
- 861M, Jul 24, 2026
- Public float
- $45.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-1, Oct 4, 2000; 2-for-1, Feb 11, 1992; 2-for-1, Feb 15, 1989; 2-for-1, Feb 13, 1985
- SEC CIK
- 24741
- CUSIP
- 219350105
- ISIN
- US2193501051
- LEI
- 549300X2937PB0CJ7I56
- EIN
- 16-0393470
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Wendell P. Weeks | Chairman, CEO and President, Director | 936,452 |
| Michelle L. Gullo | Senior Vice President & CHRO | 9,384 |
| Lewis A. Steverson | Vice Chairman, EVP and CLAO | 15,052 |
| Jaymin Amin | SVP and Chief Tech. Officer | 97,002 |
| Avery H. Nelson III | Executive Vice President & COO | 73,907 |
| Li Fang | SVP, Corning Intl & NBD, Solar | 8,725 |
| Ronald L. Verkleeren | SVP Emerging Innovations Group | 48,143 |
| Stefan Becker | SVP, Finance & Corp Controller | 7,137 |
| Michaune D. Tillman | SVP and General Counsel | 10,174 |
| John Z. Zhang | Exec. Vice President & CCDO | 5,138 |
| Soumya Seetharam | Senior Vice President & CDIO | 25,570 |
| Edward A. Schlesinger | Exec. Vice President and CFO | 65,264 |
| Michael Paul O'Day | SVP and GM, Optical Comm. | 39,122 |
| Jordana Daryl Kammerud | SVP | 21,287 |
| Robert F. Cummings Jr | Director | 152,119 |
| Roger W. Ferguson Jr. | Director | 6,938 |
| Stephanie Burns | Director | 56,995 |
| Kevin J. Martin | Director | 31,506 |
| Ami Badani | Director | 0 |
| Pamela J. Craig | Director | 0 |
| Leslie A. Brun | Director | 0 |
| Daniel P. Huttenlocher | Director | 13,910 |
| Thomas D. French | Director | 0 |
| Deborah A. Henretta | Director | 25,965 |
| Deborah Rieman | Director | 100,813 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Wendell P. Weeks | $25.76M | $61.63M | $8.73M | $279 | $250 |
| FY2024 Wendell P. Weeks | $21.69M | $40.03M | $6.66M | $149 | $208 |
| FY2023 Wendell P. Weeks | $15.63M | $12.80M | $5.06M | $93 | $149 |
| FY2022 Wendell P. Weeks | $16.17M | $8.74M | $4.27M | $94 | $122 |
| FY2021 Wendell P. Weeks | $20.77M | $27.15M | $6.42M | $106 | $152 |
| FY2020 Wendell P. Weeks | $18.95M | $26.31M | $5.57M | $128 | $101 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“In 2021, as a result of these objectives, our talent processes supported the net addition of approximately 11,100 employees worldwide, with significant growth in all regions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 15, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| May 19, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jun 3, 2016 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 21, 2016 | Tender offer | Third-party tender offer for the company's shares |
| Jan 15, 2014 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 2, 2005 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 17, 2000 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Dec 27, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 11, 1996 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 28, 1994 | Merger | Registration of securities for a merger or exchange offer (S-4) |