Mark A. Hershey
On March 31, 2025, the Board of Directors of Armstrong World Industries, Inc. (the “Company”) appointed Mark A. Hershey as Senior Vice President & Chief Operating Officer, effective April 1, 2025.
Highest-materiality recent filing
All nine director nominees elected; Victor Grizzle received 35.2M votes for, 1.5M withheld.
Armstrong World to present at BofA conference; posts updated investor deck
CEO Mark Hershey and CFO Chris Calzaretta to host investor meetings on May 12, 2026.
Mineral Fiber net sales $257.2M (+4.9%), adj. EBITDA $109M (+3.5%); Architectural Specialties net sales $152.7M (+11%), adj. EBITDA $21M (-11.9%).
Armstrong World Industries declares $0.339 quarterly dividend
Quarterly cash dividend of $0.339 per share of common stock declared.
Updated Investor Presentation posted to company website on March 2, 2026 ahead of investor meetings.
Armstrong reports record FY2025 sales $1.62B, adj EPS $7.41; FY2026 guidance: sales $1.745-$1.785B
FY2025 net sales $1.62B (+12%), operating income $431M (+15%), adj. diluted EPS $7.41 (+17%).
AWI names Jessica Cicali as General Counsel and Secretary effective April 1, 2026
Jessica Cicali appointed SVP, General Counsel, Chief Compliance Officer & Secretary, effective April 1, 2026.
AWI acquires Eventscape, a $30M-revenue custom architectural design/fabrication firm
Eventscape specializes in complex ceilings, walls, facades; 150 employees; founded 1999.
Armstrong World Industries declares $0.339 quarterly dividend payable March 19, 2026
Quarterly cash dividend of $0.339 per common share declared by Board of Directors.
Austin K. So, SVP, General Counsel, Head of Government Relations & Chief Sustainability Officer, Secretary, to depart April 1, 2026.
Victor D. Grizzle will transition from President and CEO to Executive Chair effective April 1, 2026.
Armstrong World Industries refinances with $500M revolver and $410.6M term loan, maturing 2030
Entered First Amendment to credit agreement on Dec 10, 2025; new $500M revolver and $410.625M term loan.
CEO Vic Grizzle and CFO Chris Calzaretta hosting investor meetings at Baird conference in Chicago.
Net sales $425M (+10% YoY), operating income $117M (+5%), adjusted EBITDA $148M (+6%)
Armstrong World Industries appoints Kevin P. Holleran to board, expanding to eight members
Kevin P. Holleran appointed to Board on Oct 22, 2025; term expires at 2026 annual meeting.
Armstrong World Industries announces 10% dividend increase to $0.339/share
Quarterly dividend raised 10% to $0.339/share; payable Nov 20, 2025 to holders of record Nov 6, 2025.
Acquired Canadian wood ceiling/wall systems manufacturer Geometrik, based in Kelowna, BC.
Armstrong World Industries posts updated investor presentation; no specific new data disclosed
Updated investor presentation posted on September 3, 2025 for upcoming investor meetings.
Armstrong World Q2 2025: sales +16% to $425M, EPS $2.01 (+34%), raises FY guidance
Net sales $424.6M (+16% YoY); diluted EPS $2.01 vs $1.50; adjusted EPS $2.09 vs $1.62.
Armstrong World declares $0.308 quarterly dividend; payable Aug 21, 2025
Board declared cash dividend of $0.308 per share of common stock.
Annual meeting results: all director nominees elected, KPMG ratified, say-on-pay approved
All seven director nominees elected with strong support; Victor Grizzle received 99.8% of votes cast.
Armstrong World Industries posts updated investor presentation for upcoming meetings
Presentation posted May 8, 2025 on company website ahead of investor meetings.
Armstrong Q1 net sales +17% to $382.7M, diluted EPS $1.58 (+16%), reaffirms FY2025 guidance
Net sales $382.7M (+17.3% YoY) driven by acquisitions and Mineral Fiber AUV growth; operating income $98.5M (+14.4%).
Armstrong World declares $0.308 quarterly dividend payable May 22, 2025
Quarterly cash dividend of $0.308 per share of common stock declared.
Armstrong appoints Mark Hershey as SVP & COO effective April 1, 2025
Mark A. Hershey promoted to Senior Vice President & Chief Operating Officer effective April 1, 2025.
Armstrong World Industries posts updated investor presentation for March 2025
Presentation posted to investors section of company website on March 10, 2025.
Q4 net sales $367.7M (+17.7% YoY); diluted EPS $1.42 (+34%); adjusted EBITDA $112M (+14%).
Armstrong World Industries declares $0.308 quarterly dividend, payable March 20, 2025
Quarterly cash dividend of $0.308 per common share declared.
Armstrong completes acquisition of exterior metal specialist Zahner (est. $42M rev)
Acquisition of A. Zahner Company completed Dec 4, 2024; Zahner is leader in exterior architectural metal solutions.
Armstrong Q3 net sales up 11% to record $387M; raises FY2024 guidance
Record Q3 net sales $386.6M (+11.3% YoY); diluted EPS $1.75 (+12.2%), adjusted diluted EPS $1.81 (+13.1%).
Armstrong World Industries raises quarterly dividend 10% to $0.308 per share
Quarterly cash dividend increased to $0.308 per share, a 10% increase from prior quarter.
Armstrong World Industries posts updated investor presentation; no specific new guidance disclosed
Presentation available on investor relations website; no new financial targets or material changes provided in filing.
AWI Q2 2024: Net sales +12% to $365M, adj. EPS $1.62 (+17%); raises FY guidance
Net sales $365.1M (+12.2%), operating income $95.0M (+9.2%), diluted EPS $1.50 (+11.9%).
Armstrong World Industries declares $0.28 quarterly dividend
Quarterly cash dividend of $0.28 per share declared.
Armstrong World Industries shareholders elect directors, ratify KPMG, approve executive compensation
All seven director nominees elected: Victor Grizzle, Richard Holder, Barbara Loughran, William Osborne, Wayne Shurts, Roy Templin, Cherryl Thomas.
Armstrong World Industries Q1 record: sales +5%, EPS +31%, raises FY2024 guidance
Net sales $326.3M (+5.2% YoY); operating income $86.1M (+22.6%); diluted EPS $1.36 (+30.8%).
Armstrong World Industries acquires 3form, LLC for $95M to expand architectural specialties
Purchase price of $95M, funded via revolving credit facility; 3form had ~$96M net sales in 2023.
Armstrong World Industries declares $0.28/share quarterly dividend
Quarterly cash dividend of $0.28 per share declared by Board of Directors.
Q4 net sales $312.3M (+2.6% YoY); adjusted diluted EPS $1.22 (+13%).
Armstrong World Industries declares $0.28 quarterly dividend, payable March 14
Quarterly cash dividend of $0.28 per share of common stock declared.
Armstrong World Industries to present at Baird Global Industrial Conference; updates investor deck
AWI will attend the Baird Global Industrial Conference in Chicago on Nov. 7, 2023.
Dividend increase announced without details; AWI to present at Baird conference
Press release headline states dividend increase but no amount, record date, or payable date provided.
Armstrong World Industries Q3 net sales $347M, EPS $1.56, raises FY guidance
Q3 net sales $347.3M (+6.9% YoY); diluted EPS from cont. ops $1.56 (+32% YoY); adjusted diluted EPS $1.60 (+17.6%).
Armstrong World Industries raises quarterly dividend 10% to $0.28 per share
Quarterly dividend increased 10% to $0.28 per share, payable Nov. 16, 2023 to holders of record Nov. 2, 2023.
Armstrong World Industries Q2 2023: EPS $1.34, revenue $325.4M, adj. EBITDA +9.8%
Q2 net sales $325.4M (+1.4% YoY); operating income $87M (+21.5%); diluted EPS $1.34 (+20.7%).
Armstrong World Industries acquires BOK Modern, expands architectural metal capabilities
Acquired BOK Modern, a designer of integrated architectural metal systems for interior and exterior applications.
Armstrong World Industries boosts buyback authorization by $500M to $1.7B, extends through 2026
Board added $500M to share repurchase authorization, raising total to $1.7B, program extended to Dec 31, 2026.
Armstrong shareholders elect all 8 directors, approve say-on-pay at annual meeting
All eight director nominees elected; Richard Holder received 36.2M for votes, 5.3M withheld.
Armstrong World Industries grants CEO Victor Grizzle $5M retention RSU award
CEO Victor Grizzle receives 72,823 time-based RSUs with $5M grant date fair value.
Armstrong World Q1 net sales up 10% to $310.2M; adj. EPS up 10% to $1.12
Net sales of $310.2M, +10% YoY; operating income $70.2M (+11%); diluted EPS $1.04 (+11%).
On March 31, 2025, the Board of Directors of Armstrong World Industries, Inc. (the “Company”) appointed Mark A. Hershey as Senior Vice President & Chief Operating Officer, effective April 1, 2025.
On September 28, 2022, Larry S. McWilliams notified the board of directors of Armstrong World Industries, Inc. (the “Company”) that he will not stand for re-election to the Company's board of directors at its next annual shareholder meeting, which will take place in 2023.
On September 19, 2022, Ellen R. Romano notified Armstrong World Industries, Inc. (the “Company”) of her intent to retire from her current position as Senior Vice President, Human Resources, effective April 1, 2023.
On July 19, 2022, the board of directors of Armstrong World Industries, Inc. (the “Company”) appointed William H. Osborne as a new director to its board.
Christopher P. Calzaretta, the Company’s Vice President, Finance, has been appointed to succeed Brian L. MacNeal as the Company’s Senior Vice President and Chief Financial Officer, effective August 1, 2022.
Mr. MacNeal will continue to serve as Senior Vice President and Chief Financial Officer with the Company through August 1, 2022, and will continue as an employee of the Company through September 1, 2022 to assist with the transition to Mr. Calzaretta.
On March 31, 2022, the Board of Directors (the “Board”) of Armstrong World Industries, Inc. (the “Company”) approved an extension of the retirement date for Brian MacNeal, Senior Vice President and Chief Financial Officer, in order to ensure a smooth transition to a successor.
Charlie M. Chiappone has notified the Company of his intent to retire from his position as Senior Vice President, Ceiling and Wall Solutions of the Company, effective April 1, 2022.
Mark A. Hershey, General Counsel, Chief Compliance Officer and Senior Vice President of Business Development and Sustainability will become Senior Vice President, Americas.
Jill A. Crager, Vice President, Commercial Digitalization will become Senior Vice President, Sales Operations responsible for all distribution and direct sales channels, pricing and customer service.
On August 31, 2021, Brian L. MacNeal notified Armstrong World Industries, Inc. (the “Company’) of his intent to retire from his position as Senior Vice President and Chief Financial Officer (principal financial officer) of the Company, effective May 1, 2022.
Max materiality 0.90 · Median 0.50 · Most common event earnings