Matthew J. Espe is the CEO of Armstrong World Industries, a company known for making flooring and ceiling products. He took the leadership role in 2010, bringing with him a wealth of experience from his past roles at Ricoh Americas...

Matthew J. Espe is the CEO of Armstrong World Industries, a company known for making flooring and ceiling products. He took the leadership role in 2010, bringing with him a wealth of experience from his past roles at Ricoh Americas and IKON Office Solutions. Notably, he engineered the transition of Armstrong during a challenging period in the industry, which involved significant strategic decisions, expansion into markets like Russia and China, and a focus on efficiency and productivity improvements. Espe's compensation reflects his performance-driven philosophy, which ties a large portion of his earnings to company success. In 2015, he made nearly $6 million, primarily from salary and vested stock options. He also showed a keen interest in the company's shares, with substantial insider trading activities peaking at around $13.88M in 2024. Under his leadership, Armstrong has focused on aligning management’s goals with shareholder interests, steering the company towards stability and growth in a competitive market.