Key addition to board level strengths
Corning Inc has appointed Roger W Ferguson Jr, President and CEO of TIAA, to its Board of Directors. Mr Ferguson will serve on the board’s Compensation and Nominating and Corporate Governance committees.
He will hold office until Corning’s annual meeting of shareholders in the spring of 2021, at which time he will stand for election to a one year term. His appointment brings the number of Corning directors to 14.
Mr. Ferguson brings to the board extensive financial expertise and significant knowledge of government policy and regulations, along with notable public company directorship experience. He is the former Vice Chairman of the Board of Governors of the US Federal Reserve System.
He represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees, including Payment System Oversight, Reserve Bank Operations, and Supervision and Regulation.
