Wendell P.  Weeks net worth and biography

Wendell Weeks Biography and Net Worth

CEO of Corning
Wendell P. Weeks has served as Corning’s chief executive officer since April 2005 and chairman of the board since April 2007. He has been a member of the company’s board of directors since December 2000. As CEO, Weeks has focused on creating new growth drivers and building a bigger, stronger, and more agile company.

Weeks began his career with Corning in 1983 in the finance group. In his 38 years with the company, he has held a variety of financial, business development, commercial, and general management roles, including strategic positions in the company’s television, specialty glass, and optical communications businesses.

In 1996, Weeks was named vice president and general manager of Corning’s optical fiber business. In early 2001, he was named president of Corning’s Optical Communications division, where he led through both dynamic market growth and the subsequent challenges of market declines. Weeks became Corning’s president and chief operating officer in April 2002. In this role, he helped lead the company’s restructuring and return to profitability following the telecommunications industry crash. During his tenure as CEO, he has overseen acquisitions in Optical Communications, Life Sciences, and Display Technologies. He has also played an instrumental role in numerous innovations, including the development of Corning® Gorilla® Glass. Furthermore, he has earned 30 U.S. patents.

Weeks is a graduate of Lehigh University and earned a Master of Business Administration from Harvard University as a Baker Scholar. He serves on the board of directors at Amazon.com, Inc. and is a member of the Liveris Academy Honorary Board. He is also on the board of trustees for the Corning Museum of Glass.

Weeks received Harvard Business School’s 2014 Alumni Achievement Award. In November 2014, he was awarded the Gold Tower Order of Industrial Service Merit from Korea’s Ministry of Trade, Industry, and Energy for contributions to the display technology industry.

What is Wendell P. Weeks' net worth?

The estimated net worth of Wendell P. Weeks is at least $40.13 million as of July 26th, 2023. Mr. Weeks owns 847,474 shares of Corning stock worth more than $40,127,894 as of November 21st. This net worth evaluation does not reflect any other assets that Mr. Weeks may own. Additionally, Mr. Weeks receives an annual salary of $3,940,000.00 as CEO at Corning. Learn More about Wendell P. Weeks' net worth.

How old is Wendell P. Weeks?

Mr. Weeks is currently 64 years old. There are 6 older executives and no younger executives at Corning. Learn More on Wendell P. Weeks' age.

What is Wendell P. Weeks' salary?

As the CEO of Corning Incorporated, Mr. Weeks earns $3,940,000.00 per year. Learn More on Wendell P. Weeks' salary.

How do I contact Wendell P. Weeks?

The corporate mailing address for Mr. Weeks and other Corning executives is ONE RIVERFRONT PLAZA, CORNING NY, 14831. Corning can also be reached via phone at (607) 974-9000 and via email at [email protected]. Learn More on Wendell P. Weeks' contact information.

Has Wendell P. Weeks been buying or selling shares of Corning?

Wendell P. Weeks has not been actively trading shares of Corning during the last quarter. Most recently, Wendell P. Weeks sold 100,000 shares of the business's stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $33.78, for a transaction totalling $3,378,000.00. Following the completion of the sale, the chief executive officer now directly owns 847,474 shares of the company's stock, valued at $28,627,671.72. Learn More on Wendell P. Weeks' trading history.

Who are Corning's active insiders?

Corning's insider roster includes John Bayne, Jr. (SVP), Stefan Becker (SVP), Michael Bell (VP), Cheryl Capps (SVP), Cheryl Capps (SVP), Martin Curran (VP), Jeffrey Evenson (VP), Li Fang (Insider), Roger Ferguson, Jr. (Director), Robert France (VP), Clark Kinlin (VP), Lawrence Mcrae (Vice Chairman), David Morse (VP), Anne Mullins (SVP), Eric Musser (COO), Edward Schlesinger (VP), Lewis Steverson (EVP), R. Tripeny (CFO), Wendell Weeks (CEO), Wendell Weeks (CEO), and John Zhang (VP). Learn More on Corning's active insiders.

Are insiders buying or selling shares of Corning?

In the last year, insiders at the electronics maker sold shares 7 times. They sold a total of 270,871 shares worth more than $8,999,700.51. The most recent insider tranaction occured on June, 5th when VP Jeffrey W Evenson sold 12,830 shares worth more than $479,713.70. Insiders at Corning own 0.4% of the company. Learn More about insider trades at Corning.

Information on this page was last updated on 6/5/2024.

Wendell P. Weeks Insider Trading History at Corning

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/26/2023Sell100,000$33.78$3,378,000.00847,474View SEC Filing Icon  
5/27/2021Sell81,271$44.00$3,575,924.0063,455View SEC Filing Icon  
5/25/2021Sell18,729$44.00$824,076.0063,455View SEC Filing Icon  
2/19/2021Sell146,629$37.74$5,533,778.46
9/17/2020Sell54,917$32.47$1,783,154.99
7/30/2020Sell94,928$31.07$2,949,412.96View SEC Filing Icon  
2/14/2019Sell223,379$33.77$7,543,508.83114,943View SEC Filing Icon  
8/2/2018Sell237,470$32.87$7,805,638.90View SEC Filing Icon  
6/8/2018Sell224,884$28.71$6,456,419.64111,835View SEC Filing Icon  
10/31/2017Sell248,857$31.37$7,806,644.0965,333View SEC Filing Icon  
6/5/2017Sell153,500$29.58$4,540,530.0076,750View SEC Filing Icon  
4/26/2017Sell41,075$28.46$1,168,994.50View SEC Filing Icon  
3/2/2017Sell153,500$28.01$4,299,535.00153,500View SEC Filing Icon  
1/31/2017Sell130,667$26.40$3,449,608.8065,333View SEC Filing Icon  
10/26/2016Sell204,750$23.07$4,723,582.50136,500View SEC Filing Icon  
8/2/2016Sell68,250$22.21$1,515,832.5068,250View SEC Filing Icon  
2/18/2015Sell64,992$24.49$1,591,654.08View SEC Filing Icon  
1/30/2015Sell242,250$23.91$5,792,197.50View SEC Filing Icon  
8/21/2014Sell130,000$20.73$2,694,900.00View SEC Filing Icon  
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Wendell P. Weeks Buying and Selling Activity at Corning

This chart shows Wendell P Weeks's buying and selling at Corning by year and by quarter.

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Corning Company Overview

Corning logo
Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices. Its Optical Communications segment provides optical fibers and cables; and hardware and equipment products, such as cable assemblies, fiber optic hardware and connectors, optical components and couplers, closures, network interface devices, and other accessories for the telecommunications industry, businesses, governments, and individuals. The company's Specialty Materials segment manufactures products that offer material formulations for glass, glass ceramics, crystals, precision metrology instruments, and software, as well as glass wafers and substrates, tinted sunglasses, and radiation shielding products for various markets comprising mobile consumer electronics, semiconductor equipment optics and consumables, aerospace and defense optics, radiation shielding products, sunglasses, and telecommunications components. Its Environmental Technologies segment provides ceramic substrates and filter products for emissions control in mobile, gasoline, and diesel applications. The company's Life Sciences segment offers laboratory products, including consumables, such as plastic vessels, liquid handling plastics, specialty surfaces, cell culture media, and serum, as well as general labware, and glassware and equipment under the Corning, Pyrex, Falcon, and Axygen brands. The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.
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Today's Range

Now: $47.35
Low: $46.94
High: $47.53

50 Day Range

MA: $46.08
Low: $41.87
High: $49.03

2 Week Range

Now: $47.35
Low: $27.57
High: $51.03

Volume

3,879,921 shs

Average Volume

5,117,801 shs

Market Capitalization

$40.54 billion

P/E Ratio

278.53

Dividend Yield

2.37%

Beta

1.03