Armstrong World Industries CEO Victor Grizzle's 2018 pay jumps 29% to $4.7M
Armstrong World Industries reports 2018 executive compensation
By ExecPay News
Published: May 21, 2019
Armstrong World Industries reported fiscal year 2018 executive compensation information on May 21, 2019.
In 2018, six executives at Armstrong World Industries received on average a compensation package of $1.7M, a 5% increase compared to previous year.
Average pay of disclosed executives at Armstrong World Industries
Victor D. Grizzle, Chief Executive Officer, received $4.7M in total, which increased by 29% compared to 2017. 66% of Grizzle's compensation, or $3.1M, was in stock awards. Grizzle also received $803K in non-equity incentive plan, $744K in salary, as well as $83K in other compensation.
For fiscal year 2018, the median employee pay was $80,607 at Armstrong World Industries. Therefore, the ratio of Victor D. Grizzle's pay to the median employee pay was 59 to one.
Mark A. Hershey, General Counsel, received a compensation package of $1.5M, which increased by 24% compared to previous year. 33% of the compensation package, or $506K, was in stock awards.
Brian L. MacNeal, Chief Financial Officer, earned $1.2M in 2018, a 18% increase compared to previous year.
Charles M. Chiappone, Senior Vice President, Ceiling Solutions, received $1.1M in 2018, which increases by 36% compared to 2017.
Ellen R. Romano, Senior Vice President, Human Resources, earned $854K in 2018, a 36% decrease compared to previous year.
David S. Cookson, Senior Vice President, Americas, received $580K in 2018, which decreases by 59% compared to 2017.
Related executives
Victor Grizzle
Armstrong World Industries
Chief Executive Officer
Brian MacNeal
Armstrong World Industries
Chief Financial Officer
Charles Chiappone
Armstrong World Industries
Senior Vice President, Ceiling Solutions
Mark Hershey
Armstrong World Industries
General Counsel
Ellen Romano
Armstrong World Industries
Senior Vice President, Human Resources
David Cookson
Armstrong World Industries
Senior Vice President, Americas
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Source: SEC filing on May 21, 2019.