Mark Hershey Has Been Named CEO of Armstrong World
The 166-year-old manufacturer will continue its aggressive acquisition strategy under new leadership.
Updated on Sept. 23, 2026 in Business Strategy
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Mark Hershey has succeeded Vic Grizzle as president and CEO of Armstrong World Industries. The move follows a decade of rapid expansion that saw the company acquire 15 businesses to bolster its construction sector capabilities.
Why it matters
Hershey takes the helm as Armstrong looks to mitigate labor shortages and capacity constraints in key markets like healthcare and data centers. The company remains focused on solving construction complexity through integrated architectural and energy-efficient products.
Armstrong has completed 15 acquisitions over the past 10 years, part of a strategy to scale its presence in the healthcare, education, and data center sectors. Operations are benchmarked against a Perfect Order Measure, which demands 100 percent accuracy in order fulfillment.
The players
Mark Hershey
The new president and CEO of Armstrong World Industries who has been with the firm since 2011.
Armstrong World Industries
A 166-year-old manufacturer specializing in ceiling and wall solutions for high-stakes construction sectors.
Vic Grizzle
The outgoing president and CEO of Armstrong World Industries.
The details
The firm integrates entrepreneurial businesses into its fold to expand architectural offerings, including recent additions such as Turf, 3form, Arktura, and Móz Designs. Armstrong leverages these acquisitions to address industry-wide bottlenecks related to labor and construction capacity. The company balances these inorganic growth moves with an emphasis on high-precision operations through its 100 percent order accuracy standard.
Timeline
Mark Hershey joined the company in 2011.
The firm has executed 15 acquisitions over the past 10 years.
Market Landscape
The leadership change continues the acquisition-led strategy established by the company's decade-long investment in firms like Turf and Arktura. This model prioritizes scaling through specialized architectural product lines to address complex construction demands.
Operators in the construction and architectural supply chain should monitor whether Hershey maintains the current pace of acquisitions or pivots toward organic expansion. Watch for shifts in vendor procurement requirements as the company continues to enforce its 100 percent accuracy metric.
The takeaway
Hershey's appointment signals that Armstrong remains committed to a balanced growth model combining external acquisitions and operational precision. Review your current supplier agreements to ensure your logistics standards align with the firm's Perfect Order Measure requirement.
Further reading
For more on how manufacturers scale through integration, visit Business Strategy.
Source note: This article includes information reported by Walls and Ceilings Magazine.
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