Eric Musser to Lead Corning Environmental Technologies and Life Sciences Businesses
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.
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