Ceramic Industry News

Corning Realigns Environmental Technologies Segment (posted 8/5/09)

August 5, 2009
/ Print / Reprints /
ShareMore
/ Text Size+

Corning Inc. recently announced its plan to consolidate its Environmental Technologies segment into a leaner and more efficient organization while aligning the business to a smaller global automotive market and North American trucking industry. The reorganization will consolidate the management structure of two divisional operations into one integrated business unit. It is expected that the streamlined organization will reduce costs, increase manufacturing efficiencies and enable Corning to better meet the innovation needs of customers.

“The near-term outlook for growth in the emissions control products markets is much different than we thought even a year ago, so we must adjust our organization to reflect these new business dynamics,” said Peter F. Volanakis, president and chief operating officer. “The pace of regulation is also driving the need for constant product innovation, so we are increasing our agility to respond with new products that solve our customers’ emissions-control needs.”

Volanakis noted that the global auto industry is currently building 20% fewer light-duty vehicles (automobiles) than it did in 2007; in the U.S., the drop over the same time period is 40%. The heavy-duty market (trucks and buses) has been impacted at similar rates, with the recession severely contracting construction, delivery of goods, and other freight-hauling activities that create opportunities for Corning’s diesel filters and substrates.

“We now believe that our near-term Environmental Technologies revenue opportunity is 20% to 30% lower than we had planned when we built the organization,” said Volanakis. “So we must realign the organization to scale our costs appropriately.”

The new organization will be led by Thomas R. Hinman, senior vice president and general manager of Environmental Technologies. Reporting to Hinman in the new streamlined management team will be:
  • Andrew M. Filson, commercial business director, responsible for leading global sales and marketing for all environmental products
  • Willard A. Cutler, technology director, responsible for all Environmental Technologies development and innovation programs
  • Will Schirmer, engineering director, responsible for institutionalizing best-practice manufacturing and engineering processes
  • Deborah A. Mays, division human resource manager
  • Joseph Monastra, division vice president and manufacturing manager
  • James N. Nagel, division vice president, Commercial Technology and Strategy
  • Gary L. Wallace, division controller
“We remain confident in the market for our emissions control products and in Corning’s ongoing market and technology leadership,” said Hinman. “In particular, diesel remains an attractive growth opportunity for Corning. However, we don’t expect to see a return to more normal automotive or truck vehicle production levels until at least 2011 or 2012. In the meantime, we are realigning our business to be able to take advantage of the market growth when it returns.”

Over the next several weeks, the new management team will identify and implement organizational efficiencies to reduce layers of management; improve Corning’s commercial delivery effectiveness, manufacturing operations and technology delivery; and eliminate redundancies in the organization. Their goal is to reduce fixed costs by approximately 20%, including headcount reductions in Environmental Technologies and supporting corporate technology groups. Corning expects to be able to communicate the details of the new organization and the cost reduction program in September.

Corning also announced new leadership assignments in several other business and staff units:
  • Corning Specialty Materials: Curt Weinstein has been named vice president and general manager, Advanced Optics; Mark S. Giroux has been elected senior vice president, Photovoltaics and Touch programs; and John P. Bayne has been appointed director, Integrated Touch Full-Sheet program
  • Corning Life Sciences: Mark A. Beck has been elected senior vice president; Thomas Appelt has been named vice president and general manager, Corning Life Sciences Base Business; John McGirr has been appointed director of operations; and Lydia A. Kenton has been named director, worldwide sales
  • Corning Cable Systems EMEA: Gilbert C. Chorosz will become managing director following the retirement of Malcolm D. Barnett in October
  • Procurement and Transportation: Mills Kenan has been elected vice president in anticipation of the retirement of Senior Vice President Tom Blumer in October
  • Strategy and Corporate Development: John Sharkey has been named division vice president, Corporate Development
Additional details are available at www.corning.com.

Links

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail innovative advanced ceramic and glass materials and technologies.

Podcasts

Sapphire: An Extreme Performer

Ian Doggett of Goodfellow and CI Editor Susan Sutton discuss the benefits and opportunities provided by industrial sapphire.

More Podcasts

THE MAGAZINE

Ceramic Industry Magazine

CI April 2014 cover

2014 April

Our April issue features details on advanced materials such as ceramic matrix composites and piezoelectric ceramics, among many others. Be sure to check it out!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40