Saturday, January 9, 2010

New CFO Named at Armstrong Worldwide

Armstrong World Industries, Inc. announced that Thomas B. Mangas was named Senior Vice President and Chief Financial Officer effective February 1, 2010.Armstrong Armstrong World Industries, Inc. is a global leader in the design and manufacture of floors, ceilings and cabinets. In 2008, Armstrong's consolidated net sales totaled approximately $3.4 billion.

"We are excited to have Tom working with us," said Chairman and CEO, Michael D.Lockhart. "We are pleased to have an executive of Tom's caliber from a world-class company like Procter & Gamble join Armstrong at this exciting time in Armstrong's 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.

Based in Lancaster, Pa., Armstrong operates 37 plants in nine countries and has approximately 11,000 employees worldwide.

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