
Management ChangeJul 29, 2026, 04:38 PM
Owens Corning Appoints Jonathan Collins CFO; Todd Fister COO
AI Summary
Owens Corning announced significant leadership changes, appointing Jonathan M. Collins as Executive Vice President, Chief Financial Officer, effective August 10, 2026. Mr. Collins, previously CFO at Clarivate Plc, will receive an annual base salary of $775,000, a target annual cash incentive of 100% of his base salary, and an initial long-term incentive target of $2.75 million for 2027. He will also receive initial equity awards totaling $4.5 million and a $500,000 sign-on bonus. Concurrently, Todd W. Fister was promoted to President and Chief Operating Officer, and retention awards of $1 million each were granted to Nicolas Del Monaco and Rachel Marcon.
Key Highlights
- Jonathan M. Collins appointed Executive Vice President, Chief Financial Officer, effective August 10, 2026.
- Mr. Collins' annual base salary set at $775,000.
- Mr. Collins' target annual cash incentive opportunity is 100% of base salary.
- Mr. Collins' initial 2027 long-term incentive target award value is $2.75 million.
- Mr. Collins to receive initial equity awards totaling $4.5 million and a $500,000 sign-on bonus.
- Todd W. Fister appointed President and Chief Operating Officer, effective August 10, 2026.
- Retention awards of $1 million each granted to Nicolas Del Monaco and Rachel Marcon.
Price Impact
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