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Armstrong Flooring Management
Management criteria checks 2/4
Key information
Michel Vermette
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 30.1% |
| CEO tenure | 3.1yrs |
| CEO ownership | 1.1% |
| Management average tenure | 2.6yrs |
| Board average tenure | 6.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2021 | US$2m | US$650k | -US$53m |
| Sep 30 2021 | n/a | n/a | -US$54m |
| Jun 30 2021 | n/a | n/a | -US$36m |
| Mar 31 2021 | n/a | n/a | -US$23m |
| Dec 31 2020 | US$1m | US$650k | -US$63m |
| Sep 30 2020 | n/a | n/a | -US$59m |
| Jun 30 2020 | n/a | n/a | -US$77m |
| Mar 31 2020 | n/a | n/a | -US$65m |
| Dec 31 2019 | US$5m | US$198k | -US$67m |
Compensation vs Market: Michel's total compensation ($USD2.16M) is above average for companies of similar size in the German market ($USD433.01K).
Compensation vs Earnings: Michel's compensation has increased whilst the company is unprofitable.
CEO
Michel Vermette (54 yo)
3.1yrs
Tenure
US$2,157,530
Compensation
Mr. Michel S. Vermette has been the President, Chief Executive Officer and Director of Armstrong Flooring, Inc. since September 11, 2019. He served as President, Residential Carpet at Mohawk Industries sin...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$2.16m | 1.14% € 4.8k | |
| Senior VP & CFO | 2yrs | US$951.65k | 0.22% € 928.6 | |
| Chief Compliance Officer | 8.8yrs | US$710.98k | 0.21% € 869.3 | |
| Senior VP & Chief Human Resources Officer | 6.6yrs | US$581.79k | 0.35% € 1.5k | |
| Senior VP & Chief Customer Experience Officer | no data | US$649.91k | 0.35% € 1.5k | |
| Principal Accounting Officer | 2.2yrs | US$695.95k | no data | |
| Chief Information Officer & Senior VP | no data | no data | no data | |
| Treasurer & Head of Investor Relations | no data | no data | no data | |
| Director of Corporate Communications & Public Relations | no data | no data | no data | |
| VP & Controller | 2.1yrs | no data | no data | |
| Vice President of Global Research & Development | no data | no data | no data |
2.6yrs
Average Tenure
52yo
Average Age
Experienced Management: 2AS's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.1yrs | US$2.16m | 1.14% € 4.8k | |
| Independent Director | 6.6yrs | US$215.00k | 0% € 0 | |
| Independent Director | 6yrs | US$215.00k | 0.17% € 724.0 | |
| Independent Chairman of the Board | 6.8yrs | US$310.00k | 0.35% € 1.5k | |
| Independent Director | 6.6yrs | US$195.00k | 0.075% € 312.3 | |
| Independent Director | 6.6yrs | US$215.00k | 0.080% € 334.4 | |
| Independent Director | 6.6yrs | US$215.00k | 0.0097% € 40.7 |
6.6yrs
Average Tenure
65yo
Average Age
Experienced Board: 2AS's board of directors are considered experienced (6.6 years average tenure).