Armstrong World Industries Management
Management criteria checks 2/4
Armstrong World Industries' CEO is Vic Grizzle, appointed in Mar 2016, has a tenure of 7.5 years. total yearly compensation is $6.27M, comprised of 14.8% salary and 85.2% bonuses, including company stock and options. directly owns 0.74% of the company’s shares, worth MX$414.31M. The average tenure of the management team and the board of directors is 1.7 years and 5.6 years respectively.
Key information
Vic Grizzle
Chief executive officer
US$6.3m
Total compensation
| CEO salary percentage | 14.8% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.7% |
| Management average tenure | 1.7yrs |
| Board average tenure | 5.6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | US$211m |
| Mar 31 2023 | n/a | n/a | US$203m |
| Dec 31 2022 | US$6m | US$927k | US$200m |
| Sep 30 2022 | n/a | n/a | US$193m |
| Jun 30 2022 | n/a | n/a | US$189m |
| Mar 31 2022 | n/a | n/a | US$192m |
| Dec 31 2021 | US$7m | US$920k | US$185m |
| Sep 30 2021 | n/a | n/a | US$178m |
| Jun 30 2021 | n/a | n/a | US$181m |
| Mar 31 2021 | n/a | n/a | US$176m |
| Dec 31 2020 | US$5m | US$823k | -US$84m |
| Sep 30 2020 | n/a | n/a | -US$68m |
| Jun 30 2020 | n/a | n/a | -US$31m |
| Mar 31 2020 | n/a | n/a | -US$17m |
| Dec 31 2019 | US$5m | US$788k | US$242m |
| Sep 30 2019 | n/a | n/a | US$227m |
| Jun 30 2019 | n/a | n/a | US$200m |
| Mar 31 2019 | n/a | n/a | US$184m |
| Dec 31 2018 | US$5m | US$744k | US$189m |
| Sep 30 2018 | n/a | n/a | US$256m |
| Jun 30 2018 | n/a | n/a | US$230m |
| Mar 31 2018 | n/a | n/a | US$226m |
| Dec 31 2017 | US$4m | US$719k | US$220m |
| Sep 30 2017 | n/a | n/a | US$150m |
| Jun 30 2017 | n/a | n/a | US$168m |
| Mar 31 2017 | n/a | n/a | US$142m |
| Dec 31 2016 | US$7m | US$650k | US$99m |
Compensation vs Market: Vic's total compensation ($USD6.27M) is above average for companies of similar size in the MX market ($USD1.61M).
Compensation vs Earnings: Vic's compensation has been consistent with company performance over the past year.
CEO
Vic Grizzle (61 yo)
7.5yrs
Tenure
US$6,274,658
Compensation
Mr. Victor D. Grizzle, also known as Vic, has been the Chief Executive Officer and President of Armstrong World Industries, Inc. since March 30, 2016 and Director since April 2016. Mr. Grizzle served as an...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.5yrs | US$6.27m | 0.74% $ 414.3m | |
| Senior VP & CFO | 1.1yrs | US$1.43m | 0.0024% $ 1.3m | |
| Senior VP | 1.6yrs | US$1.66m | 0.0018% $ 1.0m | |
| Senior Vice President of Americas | 1.7yrs | US$2.31m | 0.091% $ 50.7m | |
| Vice President of Investor Relations & Corporate Communications | 2.7yrs | no data | no data | |
| Senior Vice President of Human Resources | less than a year | no data | no data | |
| Senior Vice President of Sales Operations | 1.7yrs | no data | 0.0026% $ 1.4m | |
| Vice President of Sustainability | no data | no data | no data | |
| VP & Corporate Controller | 2.4yrs | no data | 0.0016% $ 869.5k |
1.7yrs
Average Tenure
53yo
Average Age
Experienced Management: AWI *'s management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.4yrs | US$6.27m | 0.74% $ 414.3m | |
| Independent Chairman of Board | 7yrs | US$233.40k | 0.027% $ 15.2m | |
| Independent Director | 1.2yrs | US$170.00k | 0% $ 0 | |
| Independent Director | 1.3yrs | US$173.75k | 0% $ 0 | |
| Independent Director | 11.6yrs | US$245.74k | 0.0095% $ 5.3m | |
| Independent Director | 4.2yrs | US$235.90k | 0.0079% $ 4.4m | |
| Independent Director | 7.4yrs | US$225.54k | 0% $ 0 | |
| Independent Director | 4.2yrs | US$228.77k | 0% $ 0 |
5.6yrs
Average Tenure
63yo
Average Age
Experienced Board: AWI *'s board of directors are considered experienced (5.6 years average tenure).