Armstrong World Industries Management
Management criteria checks 2/4
Armstrong World Industries' CEO is Vic Grizzle, appointed in Mar 2016, has a tenure of 8.17 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 $41.58M. The average tenure of the management team and the board of directors is 2.3 years and 6.3 years respectively.
Key information
Vic Grizzle
Chief executive officer
US$13.5m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.8% |
| Management average tenure | 2.3yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Estimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Apr 05
Armstrong 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 03Does Armstrong World Industries (NYSE:AWI) Have A Healthy Balance Sheet?
Dec 14Returns On Capital At Armstrong World Industries (NYSE:AWI) Have Stalled
Nov 09Armstrong World Industries: Inflationary Pressures Impacting Revenue And Future Outlook
Oct 31Armstrong World Industries' (NYSE:AWI) Dividend Will Be Increased To $0.28
Oct 22When Should You Buy Armstrong World Industries, Inc. (NYSE:AWI)?
Oct 20Armstrong World Industries: Upgrade Warranted With Q3 Earnings On The Horizon
Oct 11Estimating The Intrinsic Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Oct 06Here's Why We Think Armstrong World Industries (NYSE:AWI) Is Well Worth Watching
Sep 15Armstrong World Industries Q2 2023 Performance: A Bullish Outlook
Jul 26These 4 Measures Indicate That Armstrong World Industries (NYSE:AWI) Is Using Debt Reasonably Well
Jul 22Armstrong World Industries, Inc. (NYSE:AWI) Shares Could Be 41% Below Their Intrinsic Value Estimate
Jun 28Armstrong World Industries (NYSE:AWI) Might Have The Makings Of A Multi-Bagger
Jun 13Should You Think About Buying Armstrong World Industries, Inc. (NYSE:AWI) Now?
May 13We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Mar 30Armstrong World Industries' (NYSE:AWI) Returns On Capital Are Heading Higher
Mar 14Armstrong World Q4 2022 Earnings Preview
Feb 20Estimating The Fair Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Feb 10Armstrong World Industries cut to Hold at Jefferies on weak mineral fiber volumes
Dec 14What Does Armstrong World Industries, Inc.'s (NYSE:AWI) Share Price Indicate?
Dec 03A Look At The Intrinsic Value Of Armstrong World Industries, Inc. (NYSE:AWI)
Nov 11Armstrong World Industries (NYSE:AWI) Has Announced That It Will Be Increasing Its Dividend To $0.254
Oct 23Armstrong World raises quarterly dividend by 10% to $0.254/ share
Oct 19Armstrong World Industries: Not Enough Safety In This Environment
Oct 03Investors Will Want Armstrong World Industries' (NYSE:AWI) Growth In ROCE To Persist
Sep 23Is Armstrong World Industries, Inc. (NYSE:AWI) Potentially Undervalued?
Aug 16We Think Armstrong World Industries (NYSE:AWI) Can Stay On Top Of Its Debt
Jul 29Armstrong World Non-GAAP EPS of $1.29 misses by $0.07, revenue of $321M beats by $3.81M, updates FY guidance
Jul 26Armstrong World and Price Industries expand partnership to launch first co-developed product
Jul 07We Like These Underlying Return On Capital Trends At Armstrong World Industries (NYSE:AWI)
Jun 23Is There Now An Opportunity In Armstrong World Industries, Inc. (NYSE:AWI)?
May 18Armstrong World Industries (NYSE:AWI) Seems To Use Debt Quite Sensibly
Apr 28CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD8.53M).
Compensation vs Earnings: Vic's compensation has increased by more than 20% in the past year.
CEO
Vic Grizzle (61 yo)
8.2yrs
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 | 8.2yrs | US$13.54m | 0.82% $ 41.6m | |
| Senior VP & CFO | 1.8yrs | US$1.35m | 0.0045% $ 228.0k | |
| Senior VP | 2.3yrs | US$1.55m | 0.0078% $ 399.4k | |
| Senior Vice President of Americas | 2.3yrs | US$1.83m | 0.10% $ 5.3m | |
| Vice President of Investor Relations & Corporate Communications | 3.3yrs | no data | no data | |
| Senior Vice President of Sales Operations | no data | no data | 0.0042% $ 215.7k | |
| Senior VP & Chief Human Resources Officer | less than a year | no data | 0.00083% $ 42.2k | |
| Vice President of Sustainability | no data | no data | no data | |
| VP & Corporate Controller | 3.1yrs | no data | 0.0021% $ 107.9k |
2.3yrs
Average Tenure
53yo
Average Age
Experienced Management: AWI's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.1yrs | US$13.54m | 0.82% $ 41.6m | |
| Independent Chairman of Board | 7.7yrs | US$304.12k | 0.032% $ 1.6m | |
| Independent Director | 1.8yrs | US$216.42k | 0.0033% $ 166.4k | |
| Independent Director | 1.9yrs | US$232.91k | 0% $ 0 | |
| Independent Director | 12.3yrs | US$243.99k | 0.0097% $ 491.5k | |
| Independent Director | 4.8yrs | US$236.62k | 0.012% $ 600.9k | |
| Independent Director | 8.1yrs | US$231.74k | 0% $ 0 | |
| Independent Director | 4.8yrs | US$242.48k | 0% $ 0 |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Board: AWI's board of directors are considered experienced (6.3 years average tenure).