secwatch.observer — SEC 8-K summary
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Issuer:     ARMSTRONG WORLD INDUSTRIES INC (AWI)
CIK:        0000007431
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0001564590-21-057284
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Armstrong World Industries announces retirement of Charlie Chiappone; Hershey and Crager promoted
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- Charlie Chiappone, SVP Ceiling & Wall Solutions, to retire effective April 1, 2022.
- Mark Hershey becomes SVP Americas, adding mineral fiber & architectural specialties to business development role; salary rises to $490,000.
- Jill Crager promoted to SVP Sales Operations, overseeing all distribution and direct sales channels, pricing, and customer service.
- Hershey's STI target increases to 70% of base salary; both continue in long-term incentive plan.
- Chiappone's retirement is not related to any disagreement; will support transition through April 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7431/000156459021057284/0001564590-21-057284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7431/000156459021057284/awi-8k_20211112.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-057284

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer