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...

Current Market Cap

$6.71B

Number of Employees

3.1K

Total Compensation

2017 - 2021

Trending down by -77.71% last year
Showing total compensation for the last 2017 - 2021

Stock

Down by -100.00% last year

Salary

Up by 11.88% last year

Bonus

Up by 0.00% last year

Other

Down by -13.51% last year

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