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In Brief: Corning's Houghton to retire

This article was originally published in The Gray Sheet

Executive Summary

Corning's Houghton to retire: Corning Chairman and CEO James Houghton, 59, will retire effective April 25, the firm says. Roger Ackerman, president and chief operating officer since 1990, will succeed Houghton pending a vote by the board at an April 25 meeting. Approaching his 60th birthday in the spring and noting the "strength" of the firm's current management, Houghton, chairman for 13 years, announced that "the timing is right" to pass the torch...
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