Eric Musser to Lead Corning Environmental Technologies and Life Sciences Businesses
March 24 2014 - 8:00AM
CORNING, N.Y., March 24, 2014 -
Corning Incorporated (NYSE:GLW) announced today that Eric S.
Musser, 55, has been elected executive vice president, Corning
Technologies and International. Musser will oversee Corning
Environmental Technologies, Corning Life Sciences, Corning
International, and Global Manufacturing and Quality organizations.
Musser will report to Wendell P. Weeks, president, chief executive
officer, and chairman.
Musser has served as president of Corning
International since 2012. He was general manager of Corning Greater
China from 2007 to 2012. Musser also has held various positions in
Corning Optical Fiber, serving as vice president and general
manager of the business from 2005 to 2007.
Musser joined Corning in 1986. Prior to that, he
served in the U.S. Army. He received an undergraduate Bachelor of
Science degree from the U.S. Military Academy at West Point, and a
Master of Science degree from George Washington University.
"Eric has been instrumental in executing Corning's
global expansion strategy and leading our business growth in the
China market. We are excited to now have him lead the continued
growth and expansion of our Environmental Technologies and Life
Sciences business segments," Weeks said.
Reporting to Musser will be Avery (Hal) Nelson,
III, 45, who has been elected vice president and general manager,
Corning Environmental Technologies. Nelson has 23 years of
experience with Corning. He has served as division vice president
and business director for the Environmental Technologies unit since
June 2013.
Richard M. Eglen will continue as vice president
and general manager, Corning Life Sciences, now reporting to
Musser. Also reporting to Musser will be: Thomas Appelt, Corning
International Emerging Markets; Li Fang, president and general
manager, Corning Greater China; Clifford L. Hund, general manager
and president, Corning International East Asia; and Mariam O.
Wright, senior vice president, Global Manufacturing and
Quality.
Mark A. Beck, executive vice president, Corning
Environmental Technologies and Corning Life Sciences, is leaving
the company at the end of March after 17 years of service. Beck is
leaving to pursue other professional opportunities. "We are
grateful for Mark's contribution to Corning over his 17 years here.
We wish him well in his future endeavors," Weeks said.
Forward-Looking and
Cautionary Statements
This press release contains "forward-looking statements" (within
the meaning of the Private Securities Litigation Reform Act of
1995), which are based on current expectations and assumptions
about Corning's financial results and business operations, that
involve substantial risks and uncertainties that could cause actual
results to differ materially. These risks and uncertainties
include: the effect of global political, economic and business
conditions; conditions in the financial and credit
markets; currency fluctuations; tax rates; product demand
and industry capacity; competition; reliance on a concentrated
customer base; manufacturing efficiencies; cost reductions;
availability of critical components and materials; new product
commercialization; pricing fluctuations and changes in
the mix of sales between premium and non-premium products; new
plant start-up or restructuring costs; possible
disruption in commercial activities due to terrorist activity,
armed conflict, political or financial instability, natural
disasters, adverse weather conditions, or major health concerns;
adequacy of insurance; equity company activities; acquisition and
divestiture activities; the level of excess or obsolete inventory;
the rate of technology change; the ability to enforce patents;
product and components performance issues; retention of key
personnel; stock price fluctuations; and adverse litigation or
regulatory developments. These and other risk factors
are detailed in Corning's filings with the Securities and
Exchange Commission. Forward-looking statements speak only as
of the day that they are made, and Corning undertakes no obligation
to update them in light of new information or future events.
About Corning
Incorporated
Corning Incorporated (www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 160 years of
materials science and process engineering knowledge, Corning
creates and makes keystone components that enable high-technology
systems for consumer electronics, mobile emissions control,
telecommunications and life sciences. Our products include glass
substrates for LCD televisions, computer monitors and laptops;
ceramic substrates and filters for mobile emission control systems;
optical fiber, cable, hardware & equipment for
telecommunications networks; optical biosensors for drug discovery;
and other advanced optics and specialty glass solutions for a
number of industries including semiconductor, aerospace, defense,
astronomy, and metrology.
Media Relations
Contact:
Daniel F. Collins
(607) 974-4197
collinsdf@corning.com
Investor Relations
Contact:
Ann H.S. Nicholson
(607) 974-6716
nicholsoas@corning.com
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This
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The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Corning Incorporated via Globenewswire
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