Owens Corning (NYSE: OC) shares gained sharply first thing Thursday. The building products leader announced that José Méndez-Andino, Ph.D., has been promoted to Executive Vice President and Chief Innovation Officer. This elevated role reflects Owens Corning’s commitment to driving organic growth through innovation, a priority outlined at the company’s 2025 Investor Day and reinforced by its enterprise strategy to leverage unique commercial, operational, and innovation capabilities to create value for customers and shareholders.
As CIO, Méndez-Andino will expand his scope to lead a center of excellence in innovation, which is accountable for advancing product stewardship, accelerating core process and product innovation, delivering key enterprise capital projects, and creating new applications that expand the company’s reach in attractive building products markets.
“These efforts,” to quote this morning’s news release, “will strengthen Owens Corning’s ability to grow its market-leading positions, deliver differentiated solutions for customers, and extend the company’s leadership in branded building products across North America and Europe.”
Méndez-Andino has served as Owens Corning’s Executive Vice President and Chief Research & Development Officer since 2021. Under his leadership, Owens Corning has launched more than 220 new or improved products over the past five years, contributing to the company’s ability to maintain competitive advantage and capture market opportunities.
OC shares took on $2.35, or 2.1%, to $116.50.
