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AI brief of an SEC Form 8-K · Owens Corning (OC)

Owens Corning promotes CFO Todd Fister to chief financial and operating officer

Neutral Impact 4 of 5 leadership Written later

Owens Corning promoted Todd W. Fister, its Executive Vice President and Chief Financial Officer, to Executive Vice President, Chief Financial and Operating Officer, effective May 1, 2026, while it searches externally for a new CFO. The filing says he will lead both operations and finance in the interim, and it sets his new pay terms, which shareholders may view as a significant leadership change.

Key points

  • Todd W. Fister, age 51, promoted effective May 1, 2026; he has been CFO since September 2023
  • Base salary set at $850,000 per year; target annual cash incentive remains 100% of base salary
  • Annual long-term incentive target increases to $3,500,000 beginning in 2027
  • One-time promotional equity award of $1,000,000 in restricted stock units, generally vesting in full after two years

The filing

CompanyOwens Corning (OC)
Form8-K, current report
Filed with the SECMay 1, 2026, 7:46 AM ET
Accession number0001370946-26-000140

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.