In 2021, Victor D. Grizzle earned $2.39M in total compensation at Armstrong World Industries, including $920.25K salary and $1.25M bonus. Most recently sold 22,914 shares in Dec 2023. Currently holds stock worth $72.88M. 9+ years at the helm of Armstrong World Industries.
Compensation History
Annual executive compensation data for Victor D. Grizzle, including salary, bonuses, and stock awards.
Year
2021
Total Compensation
$2.39M
Salary
$920.25K
Bonus
$1.25M
Other
$216.64K
Salary
$920.25KBoard Justification
The compensation program is designed to attract, retain, and motivate highly competent individuals by linking compensation to performance metrics that align with the company's strategic goals.
Bonus
$1.25MBoard Justification
The 2021 Final AIP reflects the annual incentive plan based on performance metrics for the year.
Other Compensation
$216.64KBoard Justification
Includes company matching contributions to the Savings and Investment 401(k) Plan, premiums for long-term disability insurance, and other perquisites.
Restricted Stock
Board Justification
No stock was vested in 2021 as the amounts reflect the targeted value of long-term incentive equity awards granted in February 2021, which are not included in the total compensation calculation.
Performance Metrics
The performance metrics for the AIP included revenue and EBITDA.
Victor D. Grizzle
CEO of Armstrong World Industries
Education
Bachelor's degree in Mechanical Engineering from California Polytechnic State University
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Industrials
Born
June 1, 1962 - 63 years ago
CEO of Armstrong World Industries for
9 years 8 months (Apr 2016 - Present)
Previous Experience
Executive Vice President & CEO, Armstrong Building Products; Group President at Valmont Industries, Inc.
Holdings
Track Victor D. Grizzle's stock holdings and portfolio value over time.
Total Stock Sold
$11.47M
$11.47M
130,309 AWI shares
What if they kept their stock?
If Victor D. Grizzle didn't sell their stock, today they would have:
Extra AWI130,309 shares worth $24.10M.
This is 110.06% and $12.63M more than what they got when they sold the stock.
Insider Trading
Victor D. Grizzle's recent stock transactions, purchases, and sales filed with the SEC.
$2.27M
AWI at $99.02/share
Dec 28, 2023
Sale
$1.77M
AWI at $68.83/share
Dec 27, 2022
Sale
$3.52M
AWI at $112.18/share
Dec 16, 2021
Sale
$1.49M
AWI at $77.85/share
Dec 17, 2020
Sale
$2.45M
AWI at $78.47/share
Dec 15, 2020
Sale
$397.80K
AWI at $44.20/share
Mar 25, 2011
Purchase
5,862 shares
AWI
Jan 17, 2011
Received
Rivals
Compare Victor D. Grizzle with competitor CEOs and industry peers.
Michael H. Thaman
CEO of Owens Corning
2019 Compensation
Stock
$2.00M
Salary
$965.91K
Bonus
$282.02K
Other
$88.93K
Total Holdings
$1.27K
Nicholas I. Fink
CEO of Fortune Brands Innovations
2023 Compensation
Stock
$7.31M
Salary
$1.24M
Bonus
$1.97M
Other
$275.23K
Total Holdings
$795.03K
Judith F. Marks
CEO of Otis Worldwide
2023 Compensation
Stock
$2.82M
Salary
$1.37M
Bonus
$0.00
Other
$432.84K
Total Holdings
$3.34M
Robert Buck
CEO of TopBuild Corporation
2023 Compensation
Stock
$2.28M
Salary
$970.83K
Bonus
$0.00
Other
$14.19K
Total Holdings
$29.15M
Michael Haack
CEO of Eagle Materials
2023 Compensation
Stock
$975.58K
Salary
$1.04M
Bonus
$2.11M
Other
$108.74K
Total Holdings
$2.85M
Keith J. Allman
CEO of Masco
2023 Compensation
Stock
$11.02M
Salary
$1.27M
Bonus
$2.66M
Other
$214.78K
Total Holdings
$7.65M