Armstrong World Industries Announces Key Leadership Changes
16 Novembre 2021 - 10:15PM
Armstrong World Industries, Inc (NYSE:AWI) announced today that
Charlie M. Chiappone, senior vice president, Ceilings and Wall
Solutions, will retire effective April 1, 2022. In conjunction with
Mr. Chiappone’s retirement, the company announced the following
changes to the company’s leadership team effective Jan. 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. In his new role, Mr.
Hershey will assume responsibility for AWI’s mineral fiber and
architectural specialties business segments and retain
responsibility for Business Development.
- 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. In this new role, Ms. Crager will continue to be
responsible for Commercial Digitalization.
“AWI has deeply benefited from Charlie’s work to build an
outstanding team of strategic, agile, driven leaders, dedicated to
our employees and the growth of the company. Charlie has been vital
to AWI’s success, and we wish him well and thank him for his
countless contributions,” said Vic Grizzle, AWI president and chief
executive officer. “AWI has made great progress on its growth
strategy over the past five years. We’ve acquired seven companies,
stood up an industry-leading digital platform, and invested
significantly in our mineral fiber capabilities. Mark and Jill are
experienced, established and respected leaders who have been
instrumental in these achievements and have consistently delivered
results for the company, and I have every confidence they will
continue to help us achieve our growth goals.”
Mr. Hershey joined AWI in 2011 as senior vice president, general
counsel and secretary, and has served as chief compliance officer
since 2012. In 2020, he assumed additional responsibility for AWI’s
Business Development and Sustainability functions where he played a
key role in the execution of multiple acquisitions and the
development of the company’s sustainability strategy. Prior to
joining AWI, Mr. Hershey served as senior vice president, general
counsel and secretary at Ricoh Americas Corporation, and held
similar positions as a senior executive for IKON Office Solutions,
Inc. He also serves on the board of trustees of The National
Building Museum. Mr. Hershey holds a bachelor’s degree in Finance
from The Pennsylvania State University and a juris doctor from
Villanova University School of Law.
Ms. Crager has served as vice president, Commercial
Digitalization at AWI since 2019. In this position, she oversees
AWI’s commercial digitalization programs, including kanopi by
Armstrong, a digital platform to serve small-to-medium sized owners
and business/building operators seeking healthy, sustainable,
cost-effective and attractive ceiling and wall solutions. Prior to
2019, Ms. Crager served in a number of customer-facing roles with
AWI since joining in 1998, including vice president, National
Accounts and Retail. Ms. Crager holds a bachelor’s degree in
Computer Science from The Pennsylvania State University.
Mr. Chiappone will provide support to Mr. Hershey and Ms. Crager
through April 1, 2022 to ensure a smooth transition.
About Armstrong World Industries
Armstrong World Industries, Inc. (AWI) is a leader in the design
and manufacture of innovative commercial and residential ceiling,
wall and suspension system solutions in the Americas. With $937
million in revenue in 2020, AWI has approximately 2,800 employees
and a manufacturing network of 15 facilities, plus six facilities
dedicated to its WAVE joint venture.
Uncertainties Affecting Forward-Looking
Statements
Disclosures in this release and in our other public documents
and comments may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995. Those statements provide our future expectations or
forecasts and can be identified by our use of words such as
"anticipate," "estimate," "expect," "project," "intend," "plan,"
"believe," "outlook," "target," "predict," "may," "will," "would,"
"could," "should," "seek," and other words or phrases of similar
meaning in connection with any discussion of future operating or
financial performance. Forward-looking statements, by their
nature, address matters that are uncertain and involve risks
because they relate to events and depend on circumstances that may
or may not occur in the future. As a result, our actual
results may differ materially from our expected results and from
those expressed in our forward-looking statements. A more
detailed discussion of the risks and uncertainties that could cause
our actual results to differ materially from those projected,
anticipated or implied is included in the “Risk Factors” and
“Management’s Discussion and Analysis” sections of our reports on
Forms 10-K and 10-Q filed with the U.S. Securities and
Exchange Commission. Forward-looking statements speak only as
of the date they are made. We do not undertake or assume any
obligation to update or revise any forward-looking statements
beyond what is required under applicable securities law.
Contacts
Investors:
Theresa Womble,
tlwomble@armstrongceilings.com or
(717) 396-6354
Media:
Jennifer Johnson,
jenniferjohnson@armstrongceilings.com or
(866) 321-6677
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