ARMSTRONG WORLD INDUSTRIES INC — Form 10-Q
Filed October 27, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 12/100
What the filing says
Armstrong World Industries hired Jennifer Kozak as Senior Vice President and Chief Human Resources Officer, effective September 9, 2026, reporting to CEO Mark Hershey. Compensation includes: $430,000 base salary, 65% annual incentive target ($279,500 at target), long-term incentive grants at 115% of base ($494,500), and a one-time $250,000 restricted stock unit sign-on grant vesting over 3 years. First-year target total compensation is approximately $1,453,500. Standard severance of 1.5x (base+bonus) applies for involuntary termination without cause; 2.0x applies upon change of control.
Why this rating
Executive hire is routine corporate business. Compensation ~$1.45M is ~0.02% of $7B market cap—immaterial. No operational change disclosed.
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