secwatch.observer — SEC 8-K summary
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Issuer:     Owens Corning (OC)
CIK:        0001370946
Form:       8-K
Filed at:   2023-08-24T23:59:59+00:00
Accession:  0001193125-23-220160
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/0001193125-23-220160-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370946/000119312523220160/d541239d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-220160

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