# Armstrong World Industries

Armstrong World Industries is a Pension Fund based in Lancaster, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Lancaster, United States
- **Region:** North America
- **Address:** 2500 Columbia Ave, Lancaster, PA 17603, United States
- **Founded:** 1937
- **Assets under management:** 413 (Altss estimate)
- **Website:** www.armstrong.com
- **LinkedIn:** https://www.linkedin.com/company/armstrong-ceiling-solutions-us

## Regulatory record

- **Reports private funds:** No

## About

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 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.

## Sectors

- Diversified
- Consumer Discretionary
- Retail

## People

- Victor D. Grizzle — President and CEO
- Mark Hershey — Incoming CEO and President
- Roy W. Templin — Chairman of the Board of Directors

## 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.

### 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.

## Related profiles

- [Albert & Bessie Mae Kronkosky Charitable Foundation](https://altss.com/profile/albert-bessie-mae-kronkosky-charitable-foundation)
- [John G. and Marie Stella Kenedy Memorial Foundation (KMF)](https://altss.com/profile/john-g-and-marie-stella-kenedy-memorial-foundation-kmf)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/armstrong-world-industries

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology