Michael H. Thaman is the Chairman, President, and CEO of Owens Corning, a company known for its innovative building materials and insulation solutions. He took the helm on December 6, 2007, after serving as the CFO and Chairman of the...

Michael H. Thaman is the Chairman, President, and CEO of Owens Corning, a company known for its innovative building materials and insulation solutions. He took the helm on December 6, 2007, after serving as the CFO and Chairman of the Board. His extensive experience includes leadership roles in various segments, like the Exterior Systems and Engineered Pipe businesses. During his tenure, the company has focused on growth and safety, reflected in their ongoing improvements in safety metrics and profitability. In 2019, Thaman's total compensation reached $3.36 million, with a notable portion coming from stock awards that align his interests with shareholders. On the trading side, his holdings fluctuate significantly, showing considerable value, peaking at over $124 million in early 2024, indicating a strong public help in the market. Thaman leads with a vision that emphasizes corporate performance and individual accountability, ensuring that the company's strategic goals align with shareholder interests.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Owens Corning CEOs

O

Michael H. Thaman

CEO of Owens Corning

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

November 30, 1963 - 61 years ago

CEO of Owens Corning for

17 years 4 months (Dec 2007 - Present)

Previous Experience

Chairman of the Board, Chief Financial Officer, President of the Company's Exterior Systems business in North America, and of its Engineered Pipe business in Europe.

Rivals

Competitors/colleagues of Michael H. Thaman

B

Nate Jorgensen

CEO of Boise Cascade

2023 Compensation

Stock

$0.00

Salary

$1.01M

Bonus

$2.72M

Other

$234.32K

Total Holdings

$24.42M

F

Nicholas I. Fink

CEO of Fortune Brands Innovations

2023 Compensation

Stock

$7.31M

Salary

$1.24M

Bonus

$1.97M

Other

$275.23K

Total Holdings

$19.20M

O

Judith F. Marks

CEO of Otis Worldwide

2023 Compensation

Stock

$2.82M

Salary

$1.37M

Bonus

$0.00

Other

$432.84K

Total Holdings

$25.88M

T

Robert Buck

CEO of TopBuild Corporation

2023 Compensation

Stock

$2.28M

Salary

$970.83K

Bonus

$0.00

Other

$14.19K

Total Holdings

$20.86M

T

Douglas C. Yearley, Jr.

CEO of Toll Brothers

2023 Compensation

Stock

$0.00

Salary

$1.20M

Bonus

$7.80M

Other

$0.00

Total Holdings

$44.98M

E

Michael Haack

CEO of Eagle Materials

2023 Compensation

Stock

$975.58K

Salary

$1.04M

Bonus

$2.11M

Other

$108.74K

Total Holdings

$23.57M

Holdings

See how much did Michael H. Thaman make over time.

Michael H. Thaman's holdings in Owens Corning show substantial fluctuations over the years. Starting with a value around $56.45 million in September 2019, his holdings have seen impressive growth, peaking at approximately $127.76 million in January 2024. His wealth in...

Michael H. Thaman's holdings in Owens Corning show substantial fluctuations over the years. Starting with a value around $56.45 million in September 2019, his holdings have seen impressive growth, peaking at approximately $127.76 million in January 2024. His wealth in stock has varied, with notable highs and lows reflecting market trends and company performance. For instance, his holdings dipped to about $37.06 million in April 2020 before rebounding significantly to over $140 million in April 2024. This suggests a strong connection between his personal investments and his performance as a CEO.

Total Stock Sold

$55.99M

OC

$55.99M

948,700 OC shares

What if they kept their stock?

If Michael H. Thaman didn't sell their stock, today they would have:
Extra OC948,700 shares worth $36.43M.
This is -34.93% and $19.56M less than what they got when they sold the stock.

Charitable Transactions

OC

136,072 shares

OC

Recent Charitable Transactions

OC

52,400 shares

OC

Jan 17, 2018

Charity

OC

43,615 shares

OC

Dec 9, 2016

Charity

OC

40,057 shares

OC

May 5, 2011

Charity

Insider Trading

See recent insider trades of Michael H. Thaman.

SHW

$33.75K

SHW at $295.50/share

Jul 5, 2024

Received

SHW

$33.75K

SHW at $331.56/share

Apr 5, 2024

Received

SHW

594 shares

SHW

Feb 13, 2024

Received

SHW

$33.75K

SHW at $296.96/share

Jan 5, 2024

Received

SHW

$32.50K

SHW at $253.15/share

Oct 6, 2023

Received

SHW

$32.50K

SHW at $257.00/share

Jul 7, 2023

Received

SHW

$32.50K

SHW at $223.68/share

Apr 10, 2023

Received

SHW

711 shares

SHW

Feb 14, 2023

Received

SHW

$32.50K

SHW at $232.66/share

Jan 6, 2023

Received

SHW

$32.50K

SHW at $209.43/share

Oct 7, 2022

Received

Compensation History

See how much did Michael H. Thaman make over time.

Michael H. Thaman's compensation has varied substantially over the years. In 2019, he earned a total of $3,360,662, which included a base salary of $965,909 and performance-based bonuses that reflect his leadership impact on Owens Corning. His stock awards, vesting gradually, were worth around $1,998,800 for that year. Over the years, his total compensation has reached highs of $8,761,830 in 2015, driven by successful company performance. The board links his pay to performance metrics to align his interests with those of the shareholders, ensuring the focus stays on delivering long-term value.

Year

2019

Total Compensation

$3.34M

Salary

$965.91K

Board Justification

The compensation philosophy aligns executive compensation with long-term stockholder value, emphasizing performance-based pay.

Bonus

$282.02K

Board Justification

Bonus based on the Committee and Lead Independent Director’s assessment of Mr. Thaman’s impact on the success of the Company’s new CEO.

Other

$88.93K

Board Justification

Includes contributions made by the Company to the qualified savings plan and nonqualified deferred compensation plan.

Restricted Stock

$2.00M(2M RSU)

Board Justification

Restricted stock units awarded during 2019, vesting 25% per year over four years, based on continued employment.

Performance Metrics

Compensation is linked to corporate performance metrics including adjusted EBIT and individual performance assessments.

Other Owens Corning CEOs

Here are other CEOs of Owens Corning

Brian D. Chambers

CEO of Owens Corning

April 2019 - Present