Corning CEO Honors the Company’s “Class of ’43” and “Class of ’68”

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Corning CEO Honors the Company’s “Class of ’43” and “Class of ’68”

Corning Honors “Class of ’43” and “Class of ’68”

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Corning CEO Honors the Company’s “Class of ’43” and “Class of ’68”
Corning CEO Honors the Company’s “Class of ’43” and “Class of ’68”
CORNING, N.Y. | Corning Incorporated | June 06, 2018

Corning Incorporated (NYSE: GLW) today honored those who began their careers with the company 50 and 75 years ago.

The annual Service Awards luncheon, held at the Corning Museum of Glass, recognized seven retirees who began their careers with Corning in 1943, and 47 employees and retirees who started their careers with the company in 1968.

Wendell P. Weeks, Corning Incorporated’s chairman, chief executive officer, and president, hosted the luncheon and told attendees: “You’ve all played a key role in Corning’s success, and we’re honored to recognize you for your service.”

Weeks recounted key events that occurred in the world in 1943 and 1968, and also drew comparisons with how Corning operated in those times and today.

“Corning is financially healthy, multiple businesses are driving our growth, and we’re capturing new opportunities to apply our unique expertise toward solving tough technology challenges,” Weeks said. “While our products and markets have evolved since 1943 and 1968, we continue to operate diverse businesses and participate in important industries.”

Following Weeks’ remarks, each member from the “Class of 1968” was recognized and presented a check for $1,000. Those from the “Class of 1943” were also honored and presented a check for $2,500.

“Class of 1943” 75-Year Members:

Frank Elliott, Mary Fernades, Russell Fox, Jeanne Grant, Paul Krystoff, Samuel Share, and Gertrude Sherwood.

“Class of 1968” 50-Year Members:

George Adgate, Gregory Barulich, Helen Bierwiler, Jane Blowers, Gary Bohart, Margaret Bowman, Walter Bozich, William Bulkley, William Canfield, Catherine Celelli, Kuen-Wen Chang, Carol Christian, Larry Cleveland, Geraldine Dandrea, Andrew Dutcher, Nancy Ells, John Errington, Joseph Gallagher, Martin Geyer, Phyllis Hickok, Thomas Hunt, Bonnie Kohler, Gayle Lewis, Clarence Losey Jr., Norman Lukens, Joseph Mazzotta, Dorothy McConnell, Marco Merola, Anthony Midey, Marcia Monroe, Thomas Mosher, Stanley Mosher Jr., Syed Mustafa, Joseph Neidigh, Patricia Neidigh, Betty Nichols, Carol Packer, Thomas Patykula, Jerry Payne, Donald Price, Sharon Storms, John “Jack” Swan, Linda Swimley, Walter “Roy” Swimley, Robert Thomas, Stephen Tong, and Joyce Youmans.

Caution Concerning Forward-Looking 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 effects of acquisitions, dispositions and other similar transactions by the Company, the effect of global business, financial, economic and political conditions; tariffs and import duties; currency fluctuations between the U.S. dollar and other currencies, primarily the Japanese yen, New Taiwan dollar, euro, Chinese yuan, and South Korean won; product demand and industry capacity; competitive products and pricing; availability and costs of critical components and materials; new product development and commercialization; order activity and demand from major customers; the amount and timing of our cash flows and earnings and other conditions, which may affect our ability to pay our quarterly dividend at the planned level or to repurchase shares at planned levels; possible disruption in commercial activities due to terrorist activity, cyber-attack, armed conflict, political or financial instability, natural disasters, or major health concerns; unanticipated disruption to equipment, facilities, IT systems or operations; effect of regulatory and legal developments; ability to pace capital spending to anticipated levels of customer demand; rate of technology change; ability to enforce patents and protect intellectual property and trade secrets; adverse litigation; product and components performance issues; retention of key personnel; customer ability, most notably in the Display Technologies segment, to maintain profitable operations and obtain financing to fund their ongoing operations and manufacturing expansions and pay their receivables when due; loss of significant customers; changes in tax laws and regulations including the Tax Cuts and Jobs Act of 2017; and the potential impact of legislation, government regulations, and other government action and investigations.

For a complete listing of risks and other factors, please reference the risk factors and forward-looking statements described in our annual reports on Form 10-K and quarterly reports on Form 10-Q. 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.

Web Disclosure

In accordance with guidance provided by the SEC regarding the use of company websites and social media channels to disclose material information, Corning Incorporated (“Corning”) wishes to notify investors, media, and other interested parties that it uses its website (http://www.corning.com/worldwide/en/about-us/news-events.html) to publish important information about the company, including information that may be deemed material to investors, or supplemental to information contained in this or other press releases. The list of websites and social media channels that the company uses may be updated on Corning’s media and website from time to time. Corning encourages investors, media, and other interested parties to review the information Corning may publish through its website and social media channels as described above, in addition to the company’s SEC filings, press releases, conference calls, and webcasts.

About Corning Incorporated

Corning (www.corning.com) is one of the world's leading innovators in materials science, with a more than 165-year track record of life-changing inventions. Corning applies its unparalleled expertise in glass science, ceramic science, and optical physics along with its deep manufacturing and engineering capabilities to develop category-defining products that transform industries and enhance people's lives. Corning succeeds through sustained investment in RD&E, a unique combination of material and process innovation, and deep, trust-based relationships with customers who are global leaders in their industries.

Corning's capabilities are versatile and synergistic, which allows the company to evolve to meet changing market needs, while also helping our customers capture new opportunities in dynamic industries. Today, Corning's markets include optical communications, mobile consumer electronics, display technology, automotive, and life sciences vessels. Corning's industry-leading products include damage-resistant cover glass for mobile devices; precision glass for advanced displays; optical fiber, wireless technologies, and connectivity solutions for state-of-the-art communications networks; trusted products to accelerate drug discovery and delivery; and clean-air technologies for cars and trucks.