Glenn F. Tilton Named to Corning Board of Directors
30 Novembro 2010 - 7:00PM
Business Wire
Corning Incorporated (NYSE: GLW) today appointed Glenn F.
Tilton, chairman of the board of directors of United Continental
Holdings, Inc., (NYSE: UAL), and immediate past chairman,
president, and chief executive officer of UAL Corporation, to
Corning’s board of directors, effective immediately. UAL
Corporation is the parent company of United Airlines, where Tilton
served as chairman and chief executive officer.
Tilton, who qualifies as an independent director, will also
serve on the Corning board’s audit and corporate relations
committees.
Tilton will hold office until Corning’s annual meeting of
shareholders on April 28, 2011, at which time he will stand for
re-election to a one-year term. His appointment brings the number
of Corning directors to 15. The size of the board has ranged from
13 to 18 directors since 1990.
Tilton, 62, brings four decades of experience with global
markets and multinational industries to Corning’s board. At UAL he
led the company through a $23 billion restructuring, returned the
airline to profitability, and successfully completed a merger
between United and Continental Airlines.
Before joining UAL, Tilton spent more than 30 years with Texaco,
Inc., progressing through leadership roles in marketing, corporate
planning, and operations. He was named chairman and CEO of Texaco
in 2001. After its merger with Chevron, he became vice chairman of
ChevronTexaco.
He is also chairman of the Air Transport Association, the
industry trade organization representing the leading U.S. airlines.
Tilton serves on the boards of both United Continental Holdings and
Abbott Laboratories.
Earlier this year, he was named by President Obama to the
Presidential Export Council and by U.S. Transportation Secretary
Ray LaHood to the Future of Aviation Advisory Committee.
About Corning Incorporated
Corning Incorporated (www.corning.com) is the world leader in
specialty glass and ceramics. Drawing on more than 150 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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