Since August 1, 2022, Ms. Nudd, 53, has held the position of Vice President, Global Internal Audit and Compliance for the company. In this capacity, she oversaw the company’s enterprise risk management initiatives, Sarbanes-Oxley program, and worldwide internal auditing and compliance activities. She also provided strategy and planning for these initiatives. Prior to that, Ms. Nudd was the company’s Senior Director of Financial Reporting, overseeing technical accounting, external reporting, corporate accounting, and consolidations from August 24, 2020 until August 1, 2022. Ms. Nudd worked in increasingly responsible positions at Owens Corning in Toledo, Ohio from 2014 until 2020, when she joined the company. Her most recent position was Global FP&A Director for Owens Corning’s insulation division, where she oversaw all facets of financial planning and analysis.
The Compensation Committee approved Ms. Nudd’s compensation actions in connection with her appointment. These actions included raising her annualized base salary from $265,000 to $312,000, increasing her annual incentive award target for 2024 from 35% to 40% of her base salary, and raising her long-term incentive target from $120,000 to $140,000 for the 2024–2026 period. Ms. Nudd has no familial ties to any of the company’s directors or executive officers, and she was not chosen to hold an officer position in the company due to any agreements or understandings with the company or any other parties. Ms. Nudd does not have any material interest, either direct or indirect, in any transaction that needs to be disclosed.
