Owens Corning Appoints Jonathan Collins as Chief Financial Officer to Advance Strategic Priorities and Strengthen Value Creation

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a branded building products leader, today announced that Jonathan Collins has been named Executive Vice President and Chief Financial Officer, effective August 10. Collins is a seasoned finance executive with strong operational expertise and a proven background in scaling rapidly evolving businesses and driving growth.

Collins succeeds Todd Fister, who assumes the role of President and Chief Operating Officer, following a planned transition from his previously announced dual responsibilities as Chief Financial and Operating Officer. Fister will lead the execution of key enterprise initiatives to drive growth and performance, leveraging the company’s unique OC Advantages™ to further integrate its go-to-market strategy and simplify and standardize work across the enterprise.

Brian Chambers, Chair and Chief Executive Officer, said, “Jonathan is an experienced public company CFO with a track record of delivering strong results and leading high-performing teams. He will bring valuable perspective as we continue to advance our strategy. At the same time, Todd’s deep strategic and operational expertise, combined with his knowledge of our customers, markets, and applications, will be critical to capturing the benefits of our more focused company. Together, Jonathan and Todd have a powerful combination of capabilities to accelerate our growth and create additional value for customers and shareholders.”

Collins joins Owens Corning from Clarivate, a global provider of transformative intelligence through data, insights and analytics, and workflow solutions, where he served as Chief Financial Officer since 2021. There, he led the capital deployment to integrate generative AI into the company’s solutions while significantly expanding free cash flow. Prior to joining Clarivate, he was Chief Financial Officer at Dana Incorporated where he led the financial, information technology, corporate strategy, and business development functions as well as the digital solutions and aftermarket businesses. He also spent six years at ProQuest where he served as Chief Financial Officer and Vice President Global Financial Operations. Collins earned an MBA with distinction from the University of Michigan's Stephen M. Ross School of Business and holds a bachelor's degree from Cedarville University.

Collins said, “I am excited to join Owens Corning at this important point in the company’s evolution. Owens Corning has leading market positions, a disciplined operating model, and commitment to delivering strong performance and cash generation that provide a compelling foundation for long-term value creation. I look forward to working with the team to build on the momentum of the reshaped, residential-focused company and support its strategic priorities.”

Both Collins and Fister will report directly to Chair and Chief Executive Officer Brian Chambers.

About Owens Corning

Owens Corning is a branded building products leader with three complementary market‑leading businesses providing roofing, insulation, and doors primarily for residential markets in North America and Europe. The company operates with an integrated go‑to‑market strategy and a unique set of OC Advantages™ – including its iconic brand, unparalleled commercial strength, leading technology, and winning cost position – to help customers win and grow in the market. Owens Corning is committed to helping build better and achieve more through winning partnerships, leading performance, and engaging people. Founded in 1938 and headquartered in Toledo, Ohio, Owens Corning is listed on the New York Stock Exchange (NYSE: OC). For more information, visit www.owenscorning.com.

Forward-Looking Statements

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding Owens Corning's executive officer transitions. These statements are based on management's assumptions and beliefs in light of the information currently available to it. These forward-looking statements are subject to risks, uncertainties and other factors and actual results may differ materially from those results projected in the statements. These include the specific risk factors identified in "Risk Factors" in our annual report on Form 10-K for our last fiscal year and any subsequent filings. The company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by federal securities laws. Please refer to Owens Corning's reports and filings with the Securities and Exchange Commission for a further discussion of these risks and uncertainties.

Owens Corning Company News / Owens Corning Investor Relations News