Mark Hershey Named CEO of Armstrong World Industries

The veteran executive takes the helm of the 166-year-old manufacturer following the tenure of Vic Grizzle.

Updated on Sept. 23, 2026 in Business Strategy

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Armstrong World Industries has appointed Mark Hershey as its new CEO, following the tenure of former leader Vic Grizzle at the 166-year-old firm. AI Illustration. Upload story photo >

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Mark Hershey has officially taken over as president and CEO of Armstrong World Industries. He succeeds Vic Grizzle after building a long career at the company, which he first joined in 2011.

Why it matters

The leadership change arrives as Armstrong continues its strategy of balancing organic growth with strategic acquisitions. The firm aims to address industry-wide construction capacity issues and labor shortages through its expanding architectural portfolio.

Armstrong has completed 15 company acquisitions in the last decade and maintains a Perfect Order Measure metric that mandates 100 percent accuracy in order fulfillment.

The players

Mark Hershey

He is the newly appointed president and CEO of Armstrong World Industries who has been with the firm since 2011.

Vic Grizzle

He is the former president and CEO of Armstrong World Industries who has been succeeded by Mark Hershey.

Armstrong World Industries

This is a 166-year-old manufacturing company specializing in ceiling and wall architectural solutions.

The details

Armstrong focuses on construction sectors including healthcare, education, data centers, and transportation. The company seeks to integrate entrepreneurial businesses to bolster its energy efficiency offerings and architectural product capabilities.

Timeline

  1. Mark Hershey joined the company in 2011.

  2. The firm has acquired 15 companies over the past 10 years.

  3. Hershey envisions a future industry role for ceiling systems by 2030.

Market Landscape

Armstrong's strategy reflects the broader trend of consolidation among specialized material suppliers aiming to streamline fragmented construction processes. This approach positions the company against competitors by integrating diverse architectural capabilities under a single manufacturing framework.

Customers in sectors like education and healthcare may see more unified architectural solutions as the firm scales its recent acquisitions. These efforts aim to simplify supply chains for contractors facing ongoing labor and capacity constraints.

The takeaway

The transition signals a continued commitment to an acquisition-heavy growth model within the building materials sector. Investors and industry partners should look for further expansion in exterior architectural products as the company pivots toward its 2030 vision.

Further reading

Learn more about the latest developments in the sector on our Business Strategy page.

Source note: This article includes information reported by Walls and Ceilings Magazine.

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