P. Michael McGarry holds a significant stake in Armstrong World Industries. His financial interests in the company have seen meaningful fluctuations. In past years, his wealth was heavily rooted in the company's stocks, with his holdings peaking when stock prices...

P. Michael McGarry holds a significant stake in Armstrong World Industries. His financial interests in the company have seen meaningful fluctuations. In past years, his wealth was heavily rooted in the company's stocks, with his holdings peaking when stock prices soared during successful business expansions. For instance, in 2020, his holdings reflected a strong performance from the company, contributing to an impressive $5.23 million in total compensation that year. However, in 2021, stock performance didn’t yield any significant vested stock awards for him, marking a shift in his compensation structure which is tied closely to company performance metrics. As a result, McGarry’s holdings witnessed fluctuations aligning with company growth and market conditions, highlighting the volatility inherent in equity-based compensation. Today, while his holdings fluctuate, they remain a substantial part of his wealth, emphasizing his vested interest in Armstrong’s ongoing success.