People: Corning Incorporated (GLW)

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Houghton, James 

Brief Biography

Mr. Houghton is Chairman Emeritus of Corning Incorporated. Mr. Houghton joined Corning in 1962. He was elected a vice president of Corning and general manager of the Consumer Products Division in 1968, vice chairman in 1971, chairman of the executive committee and chief strategic officer in 1980 and chairman and chief executive officer in April 1983, retiring in April 1996. Mr. Houghton was the non-executive chairman of the Board of Corning from June 2001 to April 2002. Mr. Houghton came out of retirement in April 2002 when he was elected chairman and chief executive officer. He retired as our chief executive officer on April 28, 2005 but continued as chairman of the Board. Mr. Houghton stepped down as chairman in April 2007, but continued as a director of Corning. Mr. Houghton is a director of Exxon Mobil Corporation. He is a trustee of the Metropolitan Museum of Art, the Morgan Library and Museum and the Corning Museum of Glass, and a member of the Harvard Corporation.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
2,240,920 -- 116,929 8,314,830

Options Compensation

  Quantity Market Value
Excercisable 2,679,393 35,235,900.00
Unexercisable 561,834 6,336,430.00
Excercised 158,106 1,694,080.00
Name Fiscal Year Total
Weeks, Wendell 10,631,800
Houghton, James 8,314,830
Volanakis, Peter 9,242,090
Flaws, James 7,542,950
Gregg, Kirk 4,901,910
Miller, Joseph 3,610,180
As Of 30 Dec 2008
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