Owens Corning Appoints Todd Fister President, Insulation

TOLEDO, Ohio–Owens Corning (NYSE: OC) today announced that Todd Fister has been named President, Insulation, effective July 15. Mr. Fister succeeds Julian Francis, who will be stepping down to become President and Chief Executive Officer of Beacon Roofing Supply (NASDAQ: BECN). Mr. Fister will report directly to President and Chief Executive Officer Brian Chambers.

“Julian is a respected leader who has led the transformation of our Insulation portfolio through an expanded geographic focus and a broadened range of technologies spanning the entire temperature spectrum,” Mr. Chambers said. “On behalf of our entire team, I thank Julian for his contributions to growing the business and our company, and wish him all the best in his new role.

“Having served in various management positions at Owens Corning, both in the United States and internationally, Todd is a proven leader with a deep understanding of the company and our Insulation business,” Mr. Chambers added. “Owens Corning today has a global insulation business with new product platforms and significant through-the-cycle earnings power. We are fortunate to have a leader of Todd’s caliber and experience to help us capitalize on enduring global trends and deliver strong results.”

“Our broad product portfolio, and our operational and commercial expertise, make Owens Corning an industry leader across the residential, commercial, and industrial construction markets,” Mr. Fister said. “I am excited to take on this important role and look forward to driving continued growth and performance in our global Insulation business.”

Mr. Fister currently serves as Vice President, Global Insulation and Strategy. Prior to this role, he served as Vice President and Managing Director for European Insulation and Global FOAMGLAS®. Before joining Owens Corning in 2014, he worked in various marketing, strategy and finance positions at MeadWestvaco and Kimberly-Clark. Mr. Fister began his career at Procter & Gamble, where he served in multiple finance roles. He earned a bachelor’s degree from Miami University and a Ph.D. from the University of Illinois at Urbana-Champaign.

About Owens Corning

Owens Corning is a global leader in insulation, roofing, and fiberglass composite materials. Its insulation products conserve energy and improve acoustics, fire resistance, and air quality in the spaces where people live, work, and play. Its roofing products and systems enhance curb appeal and protect homes and commercial buildings alike. Its fiberglass composites make thousands of products lighter, stronger, and more durable. Owens Corning provides innovative products and solutions that deliver a material difference to its customers and, ultimately, make the world a better place. The business is global in scope, with operations in 33 countries. It is also human in scale, with 20,000 employees cultivating local and longstanding relationships with customers. Based in Toledo, Ohio, USA, the company posted 2018 sales of $7.1 billion. Founded in 1938, it has been a Fortune 500® company for 65 consecutive years. For more information, please visit www.owenscorning.com.

Courtesy of -(BUSINESS WIRE)-

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