Armstrong World Industries CEO Vic Grizzle to become Executive Chair; Mark Hershey to succeed as President and CEO

ARMSTRONG WORLD INDUSTRIES INC

Victor D. Grizzle will transition from President and CEO to Executive Chair effective April 1, 2026.
Mark A. Hershey, currently COO, will become President and CEO and join the Board effective April 1, 2026.
Roy W. Templin, current Board Chair, becomes lead independent director; expected to be reappointed Chair on January 1, 2027.
Compensatory changes: Hershey's salary increased to $850,000; Grizzle's salary decreased to $700,000.
Grizzle served as CEO for 10 years; Board cites long-term succession planning and talent development.

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