Washington, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

        Date of Report: (Date of earliest event reported) October 5, 2005

                              CORNING INCORPORATED
             (Exact name of registrant as specified in its charter)

New York                           1-3247                         16-0393470
(State or other jurisdiction       (Commission              (I.R.S. Employer
of incorporation)                  File Number)           Identification No.)

One Riverfront Plaza, Corning, New York                                14831
(Address of principal executive offices)                          (Zip Code)

(607) 974-9000
(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[  ] Written communications  pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

[  ] Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17
     CFR 240.14a-12)

[  ] Pre-commencement  communications  pursuant  to Rule  14d-2(b)  under the
     Exchange Act (17 CFR 240.14d-2(b))

[  ] Pre-commencement  communications  pursuant  to Rule  13e-4(c)  under the
     Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry Into a Material Definitive Agreement.

     On October 5, 2005,  the  Compensation  Committee  of the Corning  Board of
Directors took the following  actions  related to the 2006  Executive  Allowance
Program for selected  executives  including the named  executive  officers,  who
participate  in this program  through which the company  reimburses  the cost of
certain  services.  The  Compensation  Committee  adopted a revised list of such
reimbursable services for 2006 to include:  incremental expenses associated with
non-business  use  of  corporate  aircraft;   information   technology  services
including home computer network security and setup;  financial  counseling;  tax
preparation;  investment advisory fees; legal/estate planning; and home security
services.  For named  executive  officers James R.  Houghton,  Wendell P. Weeks,
James B. Flaws,  Peter F.  Volanakis,  and Joseph A. Miller,  Jr., such services
maximum  reimbursable  amounts  through  December  2006  were  approved  at  the
following levels:

Executive Officer                                      Executive Allowance
-----------------                                      -------------------
James R. Houghton
Chairman                                                   $100,000 (*)

Wendell P. Weeks
President and
Chief Executive Officer                                    $100,000 (*)

Peter F. Volanakis
Chief Operating Officer                                       $89,375

James B. Flaws
Vice Chairman and
Chief Financial Officer                                       $89,375

Joseph P. Miller, Jr.
Executive Vice President and
Chief Technology Officer                                      $81,250

     (*) Limit on professional services  reimbursement only; Messrs Houghton and
     Weeks  also  directed  to use  corporate  aircraft  for  all  business  and
     non-business travel for purposes of security, access and flexibility.

Item 5.02 Departure of Directors or Principal  Officers;  Election of Directors;
Appointment of Principal Officers.

     On October 6, 2005, Corning  Incorporated issued a press release announcing
that the Corning  Board of  Directors  on October 5, 2005  elected  Katherine A.
Asbeck as Senior Vice  President,  Finance and R. Tony Tripeny as Vice President
and  Corporate  Controller;  and Jane D.  Poulin  had  joined as  Division  Vice
President and Chief Accounting Officer. The press release is attached as Exhibit
99 and is incorporated herein by reference.

     The Corning Board on October 5, 2005 also  designated  Mr.  Tripeny and Ms.
Poulin as new  executive  officers for purposes of Section 16 of the  Securities
Exchange Act of 1934.  To Corning  Incorporated's  knowledge,  all Section 16(a)
filing  requirements  applicable to Ms. Asbeck were met during 2004 and to date.
The three have not received any waiver under Corning's codes of conduct and were
not involved in any known reportable  related party  transactions  with Corning.
Ms. Asbeck will continue to be the principal  accounting officer for purposes of
Corning's SEC filings  through  submission of its Annual Report on Form 10-K for
the fiscal year ending December 31, 2005.

Item 8.01. Other Events.

     On October 5, 2005 Corning's Board of Directors approved an addition to the
Corning Corporate Governance Guidelines  concerning  non-employee director stock
ownership.  After the "Non-Employee  Director Compensation" section of Corning's
Corporate Governance Guidelines, this new section was added:

         "Non-Employee Director Stock Ownership.

                    Within  five years of joining the Board,  each  non-employee
               director  will own stock in the company  with a value of at least
               five  times  the  company  annual  cash  retainer  paid  to  such
               director. Non-employee directors have up to three years to return
               to this required stock ownership level if the company stock price
               drops by over twenty percent in any calendar year."

     The updated Corporate Governance  Guidelines are available on the Corporate
Governance section of Corning's website.

Item 9.01. Financial Statements and Exhibits.

         (d) Exhibit
         99 Press Release dated October 6, 2005

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated:  October 7, 2005

                                        CORNING INCORPORATED

                                        By:     /S/ KATHERINE A. ASBECK    
                                        Katherine A. Asbeck
                                        Senior Vice President, Finance

                                INDEX TO EXHIBIT


99  Press Release dated October 6, 2005.

                                                                  Exhibit 99


Media Relations Contact:
M. Elizabeth Dann 
(607) 974-4989

               Corning Names Asbeck Senior Vice President, Finance

                    Poulin joins as chief accounting officer
                    Tripeny heads corporate control function

CORNING, N.Y. -- Corning Incorporated  (NYSE:GLW) today announced that Katherine
(Kate) A. Asbeck has been  elected  senior  vice  president,  Finance.  She will
continue to report to James B. Flaws, vice chairman and chief financial officer.

Asbeck,  48, joined the company in 1991.  She was named senior vice president in
2000 and served as corporate controller and chief accounting officer since 1997.
She  will  continue  with  her  responsibility  for the  corporate  control  and
accounting   functions  and  will  begin  working  closely  with  the  company's
Management  Committee on corporate and business strategic financial planning.  A
resident of Corning,  N.Y.,  Asbeck received her bachelor's degree in accounting
and economics at Ohio Wesleyan University.

The company also  announced  that Jane Poulin,  43, has joined as division  vice
president  and  chief  accounting   officer,   reporting  to  Asbeck.   She  has
responsibility  for  the  company's  external  reporting,  accounting  policies,
technical  accounting  services  and  internal  control.  She will  oversee  the
internal  audit  function and serve as the primary  liaison  with the  company's
external auditors,  Price  WaterhouseCoopers.  Prior to joining Corning, she was
the associate  chief  accountant in the Office of the Chief  Accountant  for the
U.S.  Securities  and  Exchange  Commission.  She also has  served as  corporate
controller for Duro Industries and a senior manager, Audit at Ernst & Young LLP.
Poulin,  who received her  bachelor's  degree from Plymouth  State College and a
master's from American University, is relocating to the Corning area.

In addition,  R. Tony  Tripeny,  46, was elected vice  president  and  corporate
controller reporting to Asbeck. He is responsible for all corporate and division
control activities,  including  reporting,  planning and analysis.  Tripeny will
also  provide  functional  leadership  for the business  finance  organizations.
Tripeny,  who  resides  in  Corning  N.Y.,  joined  the  company  in 1985 as the
corporate accounting manager for Corning Cable Systems.  Most recently he served
as division

Corning Names Asbeck Senior Vice President, Finance 
Page Two

vice president and  operations  controller.  He received a bachelor's  degree in
economics from the University of Pennsylvania's Wharton School of Business.

About Corning Incorporated
Corning Incorporated  ( is a diversified technology company that
concentrates its efforts on high-impact growth  opportunities.  Corning combines
its  expertise  in  specialty  glass,   ceramic  materials,   polymers  and  the
manipulation of the properties of light,  with strong process and  manufacturing
capabilities  to develop,  engineer  and  commercialize  significant  innovative
products  for  the  telecommunications,   flat  panel  display,   environmental,
semiconductor, and life sciences industries.