Ami Badani
Director at GLW
Board
About Ami Badani
Independent director of Corning Incorporated (GLW) appointed October 7, 2025; serves on the Information Technology and Finance Committees. Currently Chief Marketing Officer at Arm Holdings plc; previously Vice President of Products and Developer Marketing at NVIDIA (2020–2023). Education: MBA, University of Chicago Booth; B.S. in Business, University of Southern California. The Board determined she is independent under NYSE listing standards; no related-party transactions and no family relationships disclosed; compensation aligns with the company’s non‑employee director program .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Arm Holdings plc | Chief Marketing Officer | 2023–present | Leads global marketing in AI/semiconductors end-markets |
| NVIDIA | VP, Products & Developer Marketing (Data Center) | 2020–2023 | Helped scale data center portfolio into strategic growth engine |
| Cumulus Networks | Various leadership roles | Not disclosed | Prior role cited by Corning |
| Instart Logic | Various leadership roles | Not disclosed | Prior role cited by Corning |
| Cisco Systems | Various roles | Not disclosed | Prior role cited by Corning |
| Goldman Sachs; JPMorgan | Investment banking/asset management | Early career | Built foundation in financial strategy/capital markets |
External Roles
| Organization | Role | Public Company Board? | Notes |
|---|---|---|---|
| Corning Incorporated | Director | Yes | Appointed Oct 7, 2025 |
| Arm Holdings plc | Chief Marketing Officer | No board seat disclosed | Executive role |
Board Governance
- Committee assignments: Information Technology Committee (member) and Finance Committee (member), effective October 7, 2025 .
- Independence: Affirmed independent under NYSE standards; no arrangements/understandings in appointment; no related-party transactions requiring disclosure .
- Board attendance context: Board met 7 times in 2024; average attendance 98% (context for Corning’s board; director-specific attendance for Badani not yet disclosed) .
- Director stock ownership guidelines: Directors required to hold stock equal to 5x annual cash retainer; anti‑hedging/anti‑pledging policies apply .
Fixed Compensation
2024 Director Compensation Structure
| Component | Amount | Notes |
|---|---|---|
| Annual Cash Retainer | $110,000 | Pro‑rated for directors joining after February |
| Committee Member Fees – Audit | $18,000 | Annual cash |
| Committee Member Fees – Compensation | $15,000 | Annual cash |
| Committee Member Fees – Finance/IT/Governance | $10,000 | Annual cash |
| Committee Chair Fees – Audit | $25,000 | Annual cash |
| Committee Chair Fees – Compensation | $20,000 | Annual cash |
| Committee Chair Fees – Finance/IT/Governance | $15,000 | Annual cash |
| Lead Independent Director Fee | $40,000 | Annual cash |
2025 Board‑Approved Changes
| Item | 2025 Amount | Change vs 2024 |
|---|---|---|
| Annual Equity Grant (non‑employee directors) | $235,000 | +$10,000 vs $225,000 |
| Compensation Committee Chair | $25,000 | +$5,000 vs $20,000 |
| Finance, IT, Governance Committee Chairs | $20,000 | +$5,000 vs $15,000 |
Performance Compensation
Director equity is time‑based RSUs; no performance metrics are used for director compensation.
| Equity Component | 2024 Value | 2024 RSUs (#) | Settlement/Vesting |
|---|---|---|---|
| Annual RSU Grant | $225,000 | 7,078 RSUs | RSUs generally defer settlement until retirement/resignation; optional distribution at 1/5/10 years if elected in advance |
No options granted to directors in 2024; no outstanding director stock options as of year‑end 2024 .
Other Directorships & Interlocks
| Company | Relationship | Potential Interlock/Conflict | Disclosure Status |
|---|---|---|---|
| Arm Holdings plc | Executive role (CMO) | Industry adjacency to Corning’s semiconductor/AI markets; monitor for any business dealings | Board states no Item 404(a) transactions at appointment; director deemed independent |
Expertise & Qualifications
- AI, semiconductors, go‑to‑market, portfolio scaling; aligns with Corning’s Springboard priorities and AI/datacenter initiatives .
- Financial markets grounding from Goldman Sachs and JPMorgan experience .
- Education: MBA (Chicago Booth); B.S. (USC) .
Equity Ownership
| Metric | Amount | Notes |
|---|---|---|
| Beneficial Ownership at Appointment (Form 3) | 0 shares | Filed Oct 10, 2025; initial statement of beneficial ownership |
| RSU Award (Form 4) | 675 RSUs | Filed Oct 10, 2025; director equity award details |
| Options Outstanding | 0 | No options granted/outstanding for directors in 2024 |
| Pledging/Hedging | Prohibited by policy | Applies to directors |
| Director Ownership Guideline | 5x annual cash retainer | Guideline basis |
Insider Trades and Ownership Filings
| Date | Form | Transaction/Status | Quantity/Value | Source |
|---|---|---|---|---|
| Oct 10, 2025 | Form 3 | Initial beneficial ownership | 0 shares | SEC EDGAR |
| Oct 10, 2025 | Form 4 | RSU grant (director equity) | 675 RSUs | SEC EDGAR |
Governance Assessment
- Alignment and board effectiveness: Placement on Information Technology and Finance Committees leverages her AI/data center expertise and capital allocation acumen; supports oversight of cybersecurity/AI risks and financial strategy .
- Independence and conflicts: Board affirmatively determined independence; no Item 404(a) transactions; no family relationships—reduces conflict risk and enhances investor confidence .
- Compensation and ownership alignment: Director pay is primarily stock‑linked via RSUs with deferred settlement, promoting long‑term alignment; guidelines require 5x cash retainer ownership, and anti‑hedging/pledging policies strengthen alignment .
- Pay structure changes: 2025 increases to equity grant and chair fees are modest, consistent with market competitiveness; no performance‑based pay for directors—reduces incentive for short‑termism .
- RED FLAGS: None disclosed—no related‑party transactions, no pledging/hedging, no options repricing; monitor any future business between Corning and Arm to ensure independence remains intact .
Appendix: Appointment Disclosure (for reference)
- Appointed as director effective Oct 7, 2025; will stand for election at spring 2026 annual meeting; press release outlines AI/semiconductor expertise .