Pension Fund

Updated:

Armstrong World Industries

Armstrong World Industries established its Retirement Savings Plan in 1937. The defined-benefit vehicle remains sponsored by the global designer and...

Armstrong World Industries

Armstrong World Industries established its Retirement Savings Plan in 1937. The defined-benefit vehicle remains sponsored by the global designer and manufacturer of ceiling, wall, and suspension system solutions. The plan deploys capital across mutual funds and direct real estate. Confirmed holdings include positions in MSIF Trust Value Portfolio and Fidelity Equity Income Fund. Manufacturing facilities in Marietta, Pensacola, and Macon support the sponsor's operations in North America and select international markets. The plan reports 413 million dollars under management. Armstrong maintains the Armstrong World Industries Foundation, established in 1985, which directs grants toward community development in the United States. Victor D. Grizzle is scheduled to transition to Executive Chair in 2026, with Mark Hershey assuming the CEO role in April of that year. The pension sits within a corporate structure that includes a 50 percent stake in Worthington Armstrong Venture and full ownership of 3form and Arktura LLC. These operating businesses shape capital allocation alongside the defined-benefit mandate.

General information

Firm type

Pension Fund

Year founded

1937

Location

Region

North America

Country

United States

City

Lancaster

Corporate office

2500 Columbia Ave, Lancaster, PA 17603, United States

Principals

Victor D. Grizzle

President and CEO

Mark Hershey

Incoming CEO and President

Roy W. Templin

Chairman of the Board of Directors

Sector focus

DiversifiedConsumer DiscretionaryRetail

Frequently asked questions

Who runs investment decisions at Armstrong World Industries Retirement Savings Plan?

Victor D. Grizzle serves as President and CEO of the sponsor with oversight responsibility. Mark Hershey will assume the CEO role in April 2026.

Does Armstrong World Industries Retirement Savings Plan participate in fund commitments or only direct deals?

The plan holds positions in mutual funds including MSIF Trust Value Portfolio and Fidelity Equity Income Fund.

Where does the underlying wealth come from?

The plan is sponsored by Armstrong World Industries, a manufacturer of ceiling, wall, and suspension systems.

Does Armstrong World Industries maintain philanthropic structures, and how are they separated?

The Armstrong World Industries Foundation, established in 1985, directs grants to community development, housing, and food insecurity programs in the United States.

What is Armstrong World Industries known posture on co-investments alongside external GPs?

The sponsor maintains a 50 percent ownership stake in Worthington Armstrong Venture alongside Worthington Enterprises.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on pension funds?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More Lancaster Pension Fund profiles