Aug. 16, 2012
/PRNewswire/ -- Owens Corning (NYSE: OC) today announced that its Board of Directors has elected
Michael C. McMurray
Senior Vice President and Chief Financial Officer, effective immediately, to replace
Duncan J. Palmer
, who has elected to leave the company to join Reed-Elsevier (NYSE: RUK), a U.K. based company.
"We are excited about Michael assuming the role of CFO and maintaining strong continuity of our financial leadership," said
Michael H. Thaman
, chairman and CEO of Owens Corning. "We are also grateful for Duncan's significant contributions to the company over the past five years and wish him the very best in his new opportunity."
McMurray joined Owens Corning in 2008 after more than two decades of finance experience and a proven track record of success with
Royal Dutch Shell
. At Owens Corning, he has proven his leadership skills as Vice President, Investor Relations and Treasurer and most recently, as Vice President and Finance Leader of the company's
Building Materials Group.
McMurray earned a Bachelor of Science degree in Business Administration from
San Antonio, Texas
, and an MBA from
About Owens Corning
Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems. A Fortune® 500 Company for 58 consecutive years, Owens Corning is committed to driving sustainability by delivering solutions, transforming markets and enhancing lives. Founded in 1938, Owens Corning is a market-leading innovator of glass-fiber technology with sales of
in 2011 and about 15,000 employees in 28 countries on five continents. Additional information is available at
SOURCE Owens Corning