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CORNING ANNOUNCES MANAGEMENT CHANGES

Corning, New York -- Corning Inc. has announced changes in its management structure, primarily in its Optical Commu...


May 10, 2002  


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Corning, New York — Corning Inc. has announced changes in its management structure, primarily in its Optical Communications organization. The company says the changes, which follow announcements made by the company at its quarterly earnings call this past week, “are designed to streamline Corning and ensure the company is aligned for the realities of today’s optical communications marketplace.”

Corning accepted the resignation of Sanford D. Lyons as president and CEO of Corning Cable Systems, who has resigned to pursue personal goals.

Larry Aiello, Jr. will assume the president and CEO positions. Mr. Aiello has been with the company for nearly 30 years, serving in a number of business and financial-management roles, primarily in the optical communications businesses. Most recently, he was senior VP of Optical Communications.

Other senior appointments include that of Alan T. Eusden, who has been appointed senior VP, Global Business Support Services. Since 1998, Mr. Eusden has been senior VP and GM, Optical Fiber.

Robert B. Brown, has been named VP and GM, Optical Fiber. Mr. Brown, a 30-year veteran of the company, was, most recently, VP and GM of Amplification Products.

Corning’s Optical Networking Devices and Photonic Technologies divisions will be integrated into a single business unit. Dr. Gerald J. Fine, 44, will lead this new organization under the title of senior VP and GM, Corning Photonic Technologies. Dr. Fine has held a number of management positions with Corning since joining in 1985.

Dr. Mark A. Newhouse has been named VP, New Products and Development for Photonic Technologies. Mr. Newhouse has been leading the development and marketing of new optical layer products over most of his 15 years at Corning.

Pamela C. Schneider has also been named senior VP, operations chief of staff. Most recently, Ms. Schneider was senior vice president Human Resources and Diversity Officer.


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