Armstrong World Industries Announces Upcoming Leadership Transition

by David Flaherty | 23 February 2026 11:29 am

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Armstrong World Industries has announced that president/CEO Vic Grizzle[2] will transition to executive chair, and that current senior vice president/COO Mark Hershey will succeed Grizzle, effective April 1, 2026. Hershey will also join the Armstrong board of directors.
“On behalf of the board, we sincerely appreciate Vic’s decade of service as CEO and his commitment to ensuring a successful leadership transition,” said Roy Templin, chair of the Armstrong board of directors. “Under Vic’s leadership, Armstrong transformed into a uniquely focused, building products company with a proven record of consistent, profitable growth. His focus on operational excellence, innovation, disciplined capital allocation, and talent development created tremendous value for shareholders, highlighted by nearly quadrupling the company’s market capitalization since separating from its flooring business in 2016.”
“The selection of Mark as Vic’s successor is the culmination of our long-term succession planning process and a demonstration of our ongoing commitment to developing talent at all levels,” Templin added. “We have complete confidence in Mark’s leadership and dedication to advancing our strategic objectives.”
“After 15 exciting and transformative years at Armstrong, including 10 years as CEO, I’ve decided this is the right time to transition the leadership of this extraordinary company to Mark, with whom I have worked closely throughout my tenure at Armstrong. Over the past 10 years, we have built a more resilient company with a consistent growth profile. It has been an honor and a pleasure to lead Armstrong through this period of significant change and growth,” Grizzle said. “Over Mark’s 15 years at Armstrong, he has played a pivotal role in each step of this journey, including leading the development and execution of our strategy and the completion of all 14 acquisitions[3] that have built our Architectural Specialties segment. I have full confidence that with his leadership capabilities and his deep understanding of Armstrong’s business, strategy and culture, he will sustain our momentum and guide Armstrong into a new era of success.”
“I am honored and excited to lead Armstrong, a remarkable company with a proud 165-year legacy, a culture rooted in excellence and integrity, and a future full of opportunity,” said Hershey. “I am also grateful for Vic’s outstanding leadership and the confidence the board has placed in me. Driven by the talent and dedication of an exceptional Armstrong team, we will continue to build on our strong foundation, accelerate our growth strategy and innovate–always keeping our customers at the center of everything we do.”

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