Armstrong World Industries Appoints Thomas B. Mangas CFO
January 08 2010 - 7:00AM
PR Newswire (US)
LANCASTER, Pa., Jan. 8 /PRNewswire-FirstCall/ -- Armstrong World
Industries, Inc. (NYSE:AWI) today announced that Thomas B. Mangas
was named Senior Vice President and Chief Financial Officer
effective February 1, 2010. "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. He
has broad domestic and international experience including
implementing tough cost management initiatives, exploiting new
growth opportunities, acquisition integration, strategic planning,
resource allocation, cost accounting, SOX implementation, controls,
tax compliance, and organization development. He earned his BA in
Economics and History from the University of Virginia in 1990,
where he was elected to the Phi Beta Kappa honorary society.
Rodruan will continue in his role as Vice President, Finance, of
Armstrong Flooring Products Americas. About 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. Based in
Lancaster, Pa., Armstrong operates 37 plants in nine countries and
has approximately 11,000 employees worldwide. For more information,
visit http://www.armstrong.com/. DATASOURCE: Armstrong World
Industries, Inc. CONTACT: Beth Riley of Armstrong World Industries,
Inc., , or Investors: +1-717-396-6354, or News media:
+1-866-321-6677 Web Site: http://www.armstrong.com/
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