Armstrong World Industries Announces CFO Retirement and Transition Plan
September 01 2021 - 4:10PM
Armstrong World Industries, Inc. (NYSE:AWI), a leader in the
design, innovation and manufacture of commercial and residential
ceiling, wall and suspension system solutions, announced today the
planned retirement of Brian MacNeal, chief financial officer,
effective May 1, 2022.
MacNeal joined Armstrong in 2014 as vice
president of Global Finance, Building Products and was named CFO in
2016 following the successful spinoff of Armstrong Flooring,
Inc.
The Company has initiated a comprehensive search
with the assistance of a leading executive search firm that will
include both internal and external candidates to identify a
successor for this position. MacNeal will continue to serve as CFO
through the search process and assist during the subsequent
transition.
“On behalf of the Board of Directors and our
executive leadership team, I would like to thank Brian for his
years of service and countless contributions to building the
company we are today. We truly appreciate his dedicated leadership
and partnership in executing our vision as a focused and innovative
ceilings and wall solutions company,” said Vic Grizzle, president
and chief executive officer. “I have deeply valued his strong
financial acumen, as well as his strategic insights, as we
navigated a consistent path to delivering shareholder value and
positioning the company for sustainable growth and value
creation.”
“As I reflect on my time at Armstrong, I can
truly say these have been the most memorable and rewarding years of
my career,’ said MacNeal. “I have been humbled by the dedication of
our employees and their willingness to engage in the hard work
necessary to consistently adapt and evolve as an industry leader,
while maintaining a strong culture based on integrity,
collaboration and excellence. While I look forward to more time
spent with my family and engaging in other interests, I will remain
an interested and supportive spectator for the exciting future of
the company ahead.”
Contacts
Investors: |
Theresa
Womble, tlwomble@armstrongceilings.com or (717) 396-6354 |
Media: |
Jennifer Johnson, jenniferjohnson@armstrongceilings.com or
(866) 321-6677 |
About ArmstrongArmstrong World
Industries, Inc. (AWI) is a global 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. For more information, visit
armstrongceilings.com.
Source: Armstrong World Industries
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