David J. Lyon Elected to Owens Corning's Board of Directors
February 07 2008 - 5:00PM
PR Newswire (US)
TOLEDO, Ohio, Feb. 7 /PRNewswire-FirstCall/ -- Owens Corning, a
leading producer of building materials and glass fiber
reinforcements, announced that its Board of Directors elected David
J. Lyon to the Board on Feb. 7, 2008. Mr. Lyon is a vice president
of D.E. Shaw & Co. which owns more than 10 percent of Owens
Corning's outstanding stock. Mr. Lyon was elected to fill the
vacancy created by the Feb. 5, 2008 resignation of Marc Sole who
recently stepped down as a senior vice president of D.E. Shaw &
Co. "We welcome David Lyon to our Board of Directors," said Mike
Thaman, chairman and chief executive officer. "We look forward to
the perspective that he will bring to our company with his unique
set of skills and knowledge. "We appreciate Marc Sole's leadership
on the Board and his efforts on our compensation and finance
committees," said Mr. Thaman. "We wish him every success in his new
endeavors." Mr. Lyons was named to the Finance Committee of the
Board of Directors. About Owens Corning Owens Corning (NYSE:OC) is
a world leader in building materials systems and composite
solutions. A Fortune 500 company for 53 consecutive years, Owens
Corning people redefine what is possible each day to deliver
high-quality products and services ranging from insulation, roofing
and masonry products, to glass composite materials used in
transportation, electronics, telecommunications and other
high-performance applications. Founded in 1938, Owens Corning is a
market-leading innovator of glass fiber technology with sales of
$6.5 billion in 2006 and 20,000 employees in 30 countries.
Additional information is available at
http://www.owenscorning.com/. DATASOURCE: Owens Corning CONTACT:
Media: Jason Saragian, +1-419-248-8987, or Investor: Scott Deitz,
+1-419-248-8935, both of Owens Corning Web site:
http://www.owenscorning.com/ Company News On-Call:
http://www.prnewswire.com/comp/677350.html
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