Edward Schlesinger - Corning Incorporated Principal Accounting Officer

GLW Stock  EUR 46.60  1.54  3.42%   

Executive

Mr. Edward A. Schlesinger is Senior Vice President, Corporationrationrate Controller of the Company. Mr. Schlesinger joined Corning in 2013 as senior vice president and chief financial officer of Corning Optical Communications. He was elected vice president and corporate controller in September 2015 and principal accounting officer in December 2015. He was named senior vice president in February 2019. Prior to joining Corning, Mr. Schlesinger served as Vice President, Finance and Sector Chief Financial Officer for the Climate Solutions Sector for Ingersoll Rand. Mr. Schlesinger has a financial career that spans more than 20 years garnering extensive expertise in technical financial management and reporting. since 2019.
Age 55
Tenure 5 years
Phone607 974 9000
Webhttps://www.corning.com

Corning Incorporated Management Efficiency

The company has return on total asset (ROA) of 0.0399 % which means that it generated a profit of $0.0399 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1117 %, meaning that it generated $0.1117 on every $100 dollars invested by stockholders. Corning Incorporated's management efficiency ratios could be used to measure how well Corning Incorporated manages its routine affairs as well as how well it operates its assets and liabilities.
Corning Incorporated has accumulated 6.69 B in total debt with debt to equity ratio (D/E) of 52.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Corning Incorporated has a current ratio of 1.81, which is within standard range for the sector. Debt can assist Corning Incorporated until it has trouble settling it off, either with new capital or with free cash flow. So, Corning Incorporated's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Corning Incorporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Corning to invest in growth at high rates of return. When we think about Corning Incorporated's use of debt, we should always consider it together with cash and equity.

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Corning Incorporated engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York. CORNING INC operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 51500 people. Corning Incorporated (GLW) is traded on Frankfurt Exchange in Germany and employs 57,500 people.

Management Performance

Corning Incorporated Leadership Team

Elected by the shareholders, the Corning Incorporated's board of directors comprises two types of representatives: Corning Incorporated inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Corning. The board's role is to monitor Corning Incorporated's management team and ensure that shareholders' interests are well served. Corning Incorporated's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Corning Incorporated's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin Corliss, VP Officer
Lawrence McRae, Executive Vice President - Strategy and Corporate Development
Edward Schlesinger, Principal Accounting Officer
Anne Mullins, VP Officer
Stefan Becker, Corp Fin
Wendell Weeks, Chairman of the Board and Presidentident, CEO
Ann Nicholson, Division Vice President investor Relations
Soumya Seetharam, VP Officer
Lewis Steverson, Senior Vice President General Counsel
Jaymin Amin, VP CTO
Eric Musser, Executive Vice President of Corning Technologies and International

Corning Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Corning Incorporated a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Corning Stock

When determining whether Corning Incorporated is a strong investment it is important to analyze Corning Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Corning Incorporated's future performance. For an informed investment choice regarding Corning Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Corning Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Corning Stock please use our How to Invest in Corning Incorporated guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Please note, there is a significant difference between Corning Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corning Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corning Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.