---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-220160"
form_type: "8-K"
ticker: "OC"
cik: "0001370946"
company_name: "Owens Corning"
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:02:50.833446+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFO Kenneth S. Parks resigns; Todd W. Fister appointed as CFO effective Sept 15, 2023

## Summary
- Kenneth S. Parks resigns as EVP and CFO effective September 15, 2023 to pursue another opportunity.
- Todd W. Fister, currently President Insulation, appointed as EVP and CFO effective Sept 15.
- Fister's base salary set at $675,000; target cash incentive 75% of base; LTI target increased to 220% of base in 2024.
- Fister receives promotional RSU award of $350,000 under 2023 Stock Plan, vesting fully after three years.
- Fister joined Owens Corning in 2014; previously held leadership roles at MeadWestvaco, Kimberly-Clark, and Procter & Gamble.

## SEC filing metadata
- accession: 0001193125-23-220160
- form_type: 8-K
- ticker: OC
- cik: 0001370946
- company_name: Owens Corning
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/0001193125-23-220160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/d541239d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-220160
- JSON: https://secwatch.observer/filing/0001193125-23-220160.json
- Plain text: https://secwatch.observer/filing/0001193125-23-220160.txt

## Key facts
- Executive change
  Todd W. Fister was appointed as Executive Vice President and CFO at Owens Corning.
  - Action: appointed
  - Role: Executive Vice President and CFO
  source text: The Company has appointed Todd W. Fister, 49, as Executive Vice President and CFO, effective upon Mr. Parks’ resignation.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/0001193125-23-220160-index.htm
- Executive change
  Kenneth S. Parks resigned as Executive Vice President and Chief Financial Officer at Owens Corning.
  - Action: resigned
  - Role: Executive Vice President and Chief Financial Officer
  source text: On August 21, 2023, Kenneth S. Parks, Executive Vice President and Chief Financial Officer (“CFO”) of Owens Corning (the “Company”), notified the Company that he will resign effective September 15, 2023 to pursue another opportunity.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/0001193125-23-220160-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.