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Owens Corning Announces Leadership Transitions

Nico Del Monaco appointed president, Roofing and Jose Canovas named president, Insulation

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By: Tara Olivo

Associate Editor at Nonwovens Industry

Owens Corning, a building products manufacturer, announced that Nico Del Monaco has been appointed president of the company’s Roofing business and Jose Canovas has been named president of its Insulation business. Each will be responsible for driving strategic growth, strengthening operational performance, and deepening customer partnerships within their businesses and across the enterprise.

With nearly 25 years of experience with the company, most recently as president of Insulation, Del Monaco is a seasoned executive who brings a strong commercial acumen, broad building products expertise, and deep operational and financial skills to lead the next phase of growth in the Roofing business. During his tenure with the company, he has held multiple leadership roles across diverse markets, businesses, functions, and regions. As president of Insulation, he led the business in strengthening its customer and market positions, adding needed new capacity in several product lines, and improving operating efficiencies. Prior to that, he served as senior vice president and managing director of the company’s European operations, with responsibility for insulation as well as nonwovens products, which have since been integrated into the Roofing business. With experience leveraging Owens Corning’s high-value branded building products and unparalleled customer engagement model, Del Monaco is well-positioned to accelerate the Roofing strategy.

Also a seasoned building products leader, Canovas has more than 20 years of experience in the building products industry and nearly a decade serving various roles within Owens Corning’s Insulation business. He joined the company in 2012 and most recently served as vice president and general manager, Commercial and Industrial Insulation. Previously, he held roles including vice president of Technical Insulation, product director for North American Technical Insulation, and general manager of the XPS foam insulation business in the U.S. and Canada. With a customer-first commitment to strategy, execution, and innovation, Canovas’s reputation for excellence in dynamic markets will continue to position Insulation as an industry leader, delivering value in attractive, growing markets.

“Nico and Jose have demonstrated strong enterprise leadership throughout their careers at Owens Corning and have proven track records of strengthening customer partnerships, developing high-performing teams, and generating consistent results. Their appointments reflect the strength and depth of our leadership team and position us well to continue executing our long-term growth strategy,” says Brian Chambers, chair and chief executive officer. “Both leaders will play critical roles in delivering on our enterprise commitment to leverage The OC Advantage across our market-leading businesses and capitalize on secular trends. Their leadership will help us drive growth and create long-term value for our customers and shareholders.”

Del Monaco succeeds Gunner Smith, who announced his resignation from Owens Corning to pursue another professional opportunity. Canovas assumes the Insulation leadership role previously held by Del Monaco. Both leaders will report directly to Chambers and serve as members of the company’s Executive Committee.

Chambers continues, “I would also like to thank and recognize Gunner for his leadership throughout his 17-year career with the company. He has been instrumental in growing our Roofing business through our best-in-class contractor engagement, operational excellence, and a focus on delivering value to our customers, which has made a lasting impact on our success.”

Smith will serve as an executive consultant focused on ensuring a successful transition of his responsibilities through his exit in early August.

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