On September 16, 2026, Owens Corning's Board of Directors expanded the board size from nine to ten members and elected Michael J. DeVito as a director, effective immediately. Mr. DeVito joins the Audit Committee and Finance and Technology Committee; he previously served as CEO of Freddie Mac (2021-2024) and held senior leadership roles at Wells Fargo for 24 years. He currently serves on the board of NVR, Inc., and will receive standard non-employee director compensation. Owens Corning is a global building materials manufacturer specializing in insulation, roofing, and concrete products.

Owens Corning reported second-quarter 2026 financial results, posting net sales from continuing operations of $2.8 billion, consistent with the prior year. Diluted earnings per share from continuing operations were $3.84, while adjusted diluted EPS reached $3.93. The company generated operating cash flow of $398 million and free cash flow of $199 million. Owens Corning returned $264 million to shareholders through dividends and share repurchases, including a quarterly cash dividend payment of $64 million. Management announced the appointment of Jonathan Collins as Executive Vice President and Chief Financial Officer, effective August 10, 2026, succeeding Todd Fister who will become President and Chief Operating Officer. The company also completed the sale of its glass reinforcements business on April 30, 2026. For the third quarter, Owens Corning anticipates revenue between $2.6 billion and $2.7 billion with an adjusted EBITDA margin of approximately 20% to 22%. Owens Corning is a branded building products leader providing roofing, insulation, and doors primarily for residential markets in North America and Europe.

Owens Corning appointed Jonathan M. Collins as Executive Vice President and Chief Financial Officer effective August 10, 2026. Collins receives a $775,000 base salary, a sign-on bonus of $500,000, and initial equity awards totaling $4.5 million in performance share units and restricted stock units. Concurrently, current CFO Todd W. Fister was appointed President and Chief Operating Officer, succeeding Brian D. Chambers who remains CEO. The company granted $1 million retention awards each to Nicolas Del Monaco (President, Roofing) and Rachel Marcon (President, Doors). Owens Corning manufactures building materials including insulation, roofing, and fiberglass products.