SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 5, 2004
CORNING INCORPORATED
(Exact name of registrant as specified in its charter)
New York 1-3247 16-0393470
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(State or other jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
One Riverfront Plaza, Corning, New York 14831
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (607) 974-9000
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N/A
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(Former name or former address, if changed since last report.)
Page 1 of 4 Pages
Exhibit Index on Page 4
Item 9. Regulation FD Disclosure.
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The Corning Incorporated press release dated February 5, 2004 regarding Eugene
C. Sit joining the Board of Directors is furnished herewith as Exhibit 99.1.
Exhibit
99.1. Press Release dated February 5, 2004, issued by Corning Incorporated.
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: February 5, 2004
CORNING INCORPORATED
By: /s/ William D. Eggers
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William D. Eggers
Senior Vice President and General Counsel
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INDEX TO EXHIBIT
Exhibit
99.1. Press Release dated February 5, 2004, issued by Corning Incorporated.
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Exhibit 99.1
FOR RELEASE -- FEBRUARY 5, 2004
Corning Contact:
Daniel F. Collins
(607) 974-4197
collinsdc@corning.com
Eugene C. Sit Joins Corning Board of Directors
CORNING, N.Y., -- Eugene C. Sit -- chairman, chief executive officer and chief
investment officer of Sit Investment Associates, Inc. - has been appointed to
the board of directors of Corning Incorporated (NYSE:GLW). The Corning Board
Nominating and Corporate Governance Committee proposed him as a director
candidate, and the full board approved his nomination at yesterday's board of
directors meeting. He will stand for election for a three-year term at Corning's
annual meeting of shareholders on April 29, 2004.
Sit's appointment brings the number of Corning directors to 14. Corning's bylaws
permit the number of directors to vary between nine and 24 members, and the size
of the board has ranged from 13 to 18 directors since 1990. According to the
company's corporate governance guidelines, the size of the board provides for
sufficient diversity among non-employee directors while also enabling
substantive discussions in which each director can participate meaningfully.
Sit, 65, brings a broad perspective on global business and finance to the
Corning board. He founded Sit Investment Associates (SIA), based in Minneapolis,
in 1981. SIA, a diverse financial asset management firm with capabilities in
both domestic and international financial asset management, has more than $6
billion of assets under management for institutional, family and mutual fund
clients.
He is the former chief executive officer and chief investment officer for IDS
Advisory (now American Express Financial Advisors). During his tenure, assets
under management expanded rapidly and the firm compiled one of the superior
performance records in the investment management industry.
A native of Canton, China (now known as Guangzhou), Sit was educated at DePaul
University in Chicago, where he received his B.S.C. He is both a chartered
financial analyst and a certified public accountant. Active in industry and
community affairs, he currently serves as a trustee at Carleton College, The
Minnesota Historical Society, and as a member of the Advisory Council of the
University of Minnesota Carlson School of Management - International Programs.
(more)
Eugene C. Sit Joins Corning Board of Directors
Page Two
He has served as a trustee of TIAA/CREF, the Minneapolis Institute of Arts, and
trustee and vice chairman of the Minnesota Orchestral Association. He has also
served as chairman and trustee of the Institute of Chartered Financial Analysts,
a member of the Board of Governors of the Association for Investment Management
and Research (AIMR), on the Advisory Board for the University of California,
Walter A. Haas School of Business, and as a trustee of the Board of Pensions of
the Presbyterian Church (USA).
He was awarded the prestigious C. Steward Sheppard Award by AIMR in recognition
of his outstanding contributions to the investment profession.
About Corning Incorporated Corning Incorporated (www.corning.com) is a
diversified technology company that concentrates its efforts on high-impact
growth opportunities. Corning combines its expertise in specialty glass, ceramic
materials, polymers and the manipulation of the properties of light, with strong
process and manufacturing capabilities to develop, engineer and commercialize
significant innovative products for the telecommunications, flat panel display,
environmental, semiconductor, and life sciences industries.