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8-K - FORM 8-K - ARMSTRONG WORLD INDUSTRIES INC | c94406e8vk.htm |
EX-99.2 - EXHIBIT 99.2 - ARMSTRONG WORLD INDUSTRIES INC | c94406exv99w2.htm |
Exhibit 99.1
Confidential
Armstrong World Industries Appoints Thomas B. Mangas CFO
LANCASTER, Pa., January 8, 2009 Armstrong World Industries, Inc. (NYSE: AWI) today announced
that Thomas B. Mangas was named Senior Vice President and Chief Financial Officer effective
February 1, 2010.
We are excited to have Tom working with us, said Chairman and CEO, Michael D. Lockhart. We are
pleased to have an executive of Toms caliber from a world-class company like Procter & Gamble join
Armstrong at this exciting time in Armstrongs history. His background and expertise will be
important aids to realizing our significant sales growth and margin expansion objectives over the
next several years. We all owe Bill Rodruan hearty thanks for his invaluable work as interim
CFO.
Mangas most recently served as Vice President and Chief Financial Officer of the $28 billion Beauty
and Grooming business of Procter & Gamble (P&G). He had an impressive progression of finance roles
at P&G, where he has spent the entirety of his career. He has broad domestic and international
experience including implementing tough cost management initiatives, exploiting new growth
opportunities, acquisition integration, strategic planning, resource allocation, cost accounting,
SOX implementation, controls, tax compliance, and organization development.
He earned his BA in Economics and History from the University of Virginia in 1990, where he was
elected to the Phi Beta Kappa honorary society.
Rodruan will continue in his role as Vice President, Finance, of Armstrong Flooring products
Americas.
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Contacts |
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Beth Riley, bariley@armstrong.com | ||
Investors:
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(717) 396-6354 | |
News media:
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(866) 321-6677 |
About Armstrong
Armstrong World Industries, Inc. is a global leader in the design and manufacture of floors,
ceilings and cabinets. In 2008, Armstrongs consolidated net sales totaled approximately $3.4
billion. Based in Lancaster, Pa., Armstrong operates 37 plants in
nine countries and has approximately 11,000 employees worldwide. For more information, visit
www.armstrong.com.