David T. Brown Named COO for Owens Corning

26 January 2001

David T. Brown was named chief operating officer for Owens Corning by Glen H. Hiner, chairman of the board and chief executive officer. In his new position, Mr. Brown will have responsibility for all of the operating businesses of Owens Corning, throughout the world, and will report directly to Mr. Hiner. He will remain the acting president of the Insulating Systems Business until a successor is named. "Dave brings enormous credibility and experience with him as he assumes his new position," stated Mr. Hiner. "He has earned the respect of the entire Owens Corning team and has clearly and consistently demonstrated the leadership and communication skills to make him an effective, highly respected and trusted leader. His immediate objective," continued Mr. Hiner, "will be to ensure that our company stays focused on profitable, global growth through execution and teamwork." Mr. Brown replaces Domenico Cecere, who is leaving Owens Corning to pursue other business interests. Owens Corning is a world leader in building materials and composites systems. The company has sales of $5 billion and employs approximately 20,000 people worldwide.

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