Victor D. Grizzle is the CEO of Armstrong World Industries. Under his leadership, the company has focused on innovative management strategies, aiming to create long-term value for stakeholders. Starting in 2015, he has been instrumental in navigating the company through...

Number of Employees

3.1K

Year

2021

Total Compensation

$2.39M

Salary

$920.25K

Board Justification

The compensation program is designed to attract, retain, and motivate highly competent individuals by linking compensation to performance metrics that align with the company's strategic goals.

Bonus

$1.25M

Board Justification

The 2021 Final AIP reflects the annual incentive plan based on performance metrics for the year.

Other

$216.64K

Board Justification

Includes company matching contributions to the Savings and Investment 401(k) Plan, premiums for long-term disability insurance, and other perquisites.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2021 as the amounts reflect the targeted value of long-term incentive equity awards granted in February 2021, which are not included in the total compensation calculation.

Performance Metrics

The performance metrics for the AIP included revenue and EBITDA.

SEC Filing

From April 27, 2022

Victor D. Grizzle

CEO of Armstrong World Industries

A

Education

Bachelor's degree in Mechanical Engineering from California Polytechnic State University

Field of Expertise

Technology & Engineering - Engineering

Born

June 1, 1962 - 62 years ago

Is Founder?

No

Current Tenure

8 years 9 months (Apr 2016 - Present)

Previous Experience

Executive Vice President & CEO, Armstrong Building Products; Group President at Valmont Industries, Inc.