Who is Mr. Leslie A. Brun and what is his background?

Mr. Leslie A. Brun is 65 years old and serves as the Chairman and Chief Executive Officer of Sarr Group, LLC. His appointment to the Board of Directors adds his significant executive experience to Corning's governance.

How will Mr. Brun be compensated for his board service?

Mr. Brun will receive the standard compensation provided to other non-employee directors of Corning, as detailed in the company's 2018 Proxy Statement under 'Director Compensation'.

Are there any potential conflicts of interest or undisclosed agreements related to Mr. Brun's appointment?

The filing states there are no arrangements or understandings pursuant to which Mr. Brun was selected that require disclosure, nor does he have any direct or indirect material interest in any transaction that needs to be disclosed under Regulation S-K.

GLW 8-K: Leadership Changes

Q: What committees will Mr. Brun serve on?

Mr. Brun has been appointed to serve on the Audit Committee and the Compensation Committee of Corning's Board of Directors.

Summary

Corning Incorporated (GLW) announced a key board change via an 8-K filing on July 18, 2018. The company appointed Mr. Leslie A. Brun to its Board of Directors, effective immediately. Mr. Brun, a seasoned executive with extensive experience as Chairman and CEO of Sarr Group, LLC, will also serve on the Audit Committee and the Compensation Committee. This appointment brings new expertise to Corning's board, particularly in areas critical for financial oversight and executive compensation. Investors should note that Mr. Brun's compensation will align with that of other non-employee directors, and there are no undisclosed arrangements or conflicts of interest. The filing incorporates the press release announcing this appointment, providing further details on Mr. Brun's background.

Key Highlights

1Corning Incorporated appointed Mr. Leslie A. Brun to its Board of Directors, effective July 18, 2018.
2Mr. Brun brings experience as Chairman and CEO of Sarr Group, LLC.
3He will serve on both the Audit Committee and the Compensation Committee.
4Mr. Brun's compensation will be consistent with other non-employee directors.
5There are no undisclosed arrangements or material interests concerning Mr. Brun's appointment.
6The filing includes a press release detailing the appointment as Exhibit 99.1.

CORNING INC /NY 8-K Report, Executive Changes (Jul 18, 2018)

Summary

Key Highlights

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