Armstrong World Industries Management
Management criteria checks 2/4
Armstrong World Industries' CEO is Vic Grizzle, appointed in Mar 2016, has a tenure of 8.75 years. total yearly compensation is $13.54M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.82% of the company’s shares, worth $53.85M. The average tenure of the management team and the board of directors is 2.9 years and 5.4 years respectively.
Key information
Vic Grizzle
Chief executive officer
US$13.5m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 8.8yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.9yrs |
| Board average tenure | 5.4yrs |
Recent management updates
Recent updates
Armstrong World Industries: Reaching A Ceiling Here
Dec 15Armstrong World Industries (NYSE:AWI) Has Some Way To Go To Become A Multi-Bagger
Dec 02
At US$153, Is It Time To Put Armstrong World Industries, Inc. (NYSE:AWI) On Your Watch List?
Nov 18US$147 - That's What Analysts Think Armstrong World Industries, Inc. (NYSE:AWI) Is Worth After These Results
Nov 01Armstrong World Industries, Inc.'s (NYSE:AWI) Business Is Trailing The Market But Its Shares Aren't
Oct 10If EPS Growth Is Important To You, Armstrong World Industries (NYSE:AWI) Presents An Opportunity
Sep 25Armstrong World Industries, Inc. (NYSE:AWI) Shares Could Be 34% Below Their Intrinsic Value Estimate
Sep 12Armstrong World Industries: Ceiling Performance Hits A Pricey Roof (Downgrade)
Sep 06Is Armstrong World Industries (NYSE:AWI) A Risky Investment?
Aug 29When Should You Buy Armstrong World Industries, Inc. (NYSE:AWI)?
Jul 29Here's Why We Think Armstrong World Industries (NYSE:AWI) Is Well Worth Watching
Jun 22Armstrong World Industries: Shares Have Appreciated Enough
Jun 18Earnings Not Telling The Story For Armstrong World Industries, Inc. (NYSE:AWI)
Jun 05Armstrong World Industries (NYSE:AWI) Hasn't Managed To Accelerate Its Returns
May 21Estimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Apr 05Armstrong World Industries (NYSE:AWI) Has A Pretty Healthy Balance Sheet
Mar 22Is Now The Time To Look At Buying Armstrong World Industries, Inc. (NYSE:AWI)?
Mar 09Armstrong World Industries: Upside Not Attractive At This Valuation
Mar 09Armstrong World Industries, Inc. (NYSE:AWI) Released Earnings Last Week And Analysts Lifted Their Price Target To US$118
Feb 23Here's What To Make Of Armstrong World Industries' (NYSE:AWI) Decelerating Rates Of Return
Feb 13Is Now The Time To Put Armstrong World Industries (NYSE:AWI) On Your Watchlist?
Jan 18Armstrong World Industries: Weak Housing Demand Weakening Its Growth Outlook
Jan 11What Armstrong World Industries, Inc.'s (NYSE:AWI) P/E Is Not Telling You
Jan 03Armstrong World Industries: Inflationary Pressures Impacting Revenue And Future Outlook
Oct 31Armstrong World Industries: Upgrade Warranted With Q3 Earnings On The Horizon
Oct 11Armstrong World Industries Q2 2023 Performance: A Bullish Outlook
Jul 26Armstrong World Q4 2022 Earnings Preview
Feb 20CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$250m |
| Jun 30 2024 | n/a | n/a | US$242m |
| Mar 31 2024 | n/a | n/a | US$236m |
| Dec 31 2023 | US$14m | US$982k | US$224m |
| Sep 30 2023 | n/a | n/a | US$226m |
| 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$220m |
Compensation vs Market: Vic's total compensation ($USD13.54M) is above average for companies of similar size in the US market ($USD7.83M).
Compensation vs Earnings: Vic's compensation has increased by more than 20% in the past year.
CEO
Vic Grizzle (62 yo)
8.8yrs
Tenure
US$13,541,716
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 | 8.8yrs | US$13.54m | 0.82% $ 53.9m | |
| Senior VP & CFO | 2.3yrs | US$1.35m | 0.0045% $ 294.8k | |
| Senior VP | 2.8yrs | US$1.55m | 0.0079% $ 517.3k | |
| Senior Vice President of Americas | 2.9yrs | US$1.83m | 0.10% $ 6.8m | |
| Vice President of Investor Relations & Corporate Communications | 3.9yrs | no data | no data | |
| Senior Vice President of Sales Operations | no data | no data | 0.0043% $ 279.7k | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | 0% $ 0 | |
| Vice President of Sustainability | no data | no data | no data | |
| VP & Corporate Controller | 3.7yrs | no data | 0.0021% $ 139.8k |
2.9yrs
Average Tenure
54yo
Average Age
Experienced Management: AWI's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.7yrs | US$13.54m | 0.82% $ 53.9m | |
| Independent Chairman of Board | 8.3yrs | US$304.12k | 0.032% $ 2.1m | |
| Independent Director | 2.4yrs | US$216.42k | 0.0055% $ 362.4k | |
| Independent Director | 2.5yrs | US$232.91k | no data | |
| Independent Director | 5.4yrs | US$236.62k | 0.012% $ 777.9k | |
| Independent Director | 8.7yrs | US$231.74k | no data | |
| Independent Director | 5.4yrs | US$242.48k | no data |
5.4yrs
Average Tenure
64yo
Average Age
Experienced Board: AWI's board of directors are considered experienced (5.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:24 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Armstrong World Industries, Inc. is covered by 27 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Stephen Kim | Barclays |
| Matthew McCall | BB&T Capital Markets |