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...

Current Market Cap

$16.82B

Number of Employees

18K

Total Compensation

2015 - 2019

Trending up by 118.22% last year
Showing total compensation for the last 2015 - 2019

Stock

Up by 0.00% last year

Salary

Down by -17.79% last year

Bonus

Up by 0.00% last year

Other

Down by -74.85% last year

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.

SEC Filing

From March 13, 2020