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| Owens Corning appoints new CFO Owens Corning, a world leader in building materials systems and glass fiber composites, announced the appointment of Duncan Palmer to the position of chief financial officer, effective mid-September 2007. Mr. Palmer succeeds CFO Mike Thaman, who is also chairman of the board and will become Owens Corning's chief executive officer upon current CEO Dave Brown's retirement later this year. Mr. Thaman will retain the title and responsibilities of chairman of the board. In April of this year, Mr. Brown announced his plans to retire by the end of 2007. Prior to joining Owens Corning, Mr. Palmer, 41, has spent 20 years with Royal Dutch Shell, most recently as vice-president, upstream commercial finance for Shell International Exploration and Production BV. In this role Mr. Palmer was responsible for finance support for major oil and gas business development and portfolio activity in Shell's Exploration and Production and Gas and Power businesses. write your comments about the article :: © 2007 Construction News :: home page |