| Business Summary | | Armstrong
Holdings
Inc.
is
the
publicly
held
parent
holding
company
of
Armstrong
World
Industries,
Inc.
(AWI)
(collectively,
Armstrong).
Armstrong
designs,
manufactures
and
sells
interior
finishings,
most
notably
floor
coverings
and
ceiling
systems,
around
the
world.
Armstrong
products
are
sold
primarily
for
use
in
the
finishing,
refurbishing
and
repair
of
residential,
commercial
and
institutional
buildings.
Armstrong
also
designs,
manufactures
and
sells
kitchen
and
bathroom
cabinets.
AWI
is
operating
its
business
and
managing
its
properties
as
a
debtor-in-possession
subject
to
the
provisions
of
the
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ACK,
a
holdings
company,
designs,
manufacturers
and
sells
interior
furnishings,
most
notably
floor
coverings
and
ceiling
systems,
sold
for
use
in
residential,
commercial
and
institutional
buildings.
For
the
six
months
ended
6/01,
net
sales
fell
4%
to
$1.47
billion.
Net
income
from
continuing
operations
totaled
$56.6
million
vs.
a
loss
of
$77.6
million.
Revenues
reflect
lower
sales
of
floor
coverings
and
wood
products.
Net
income
reflects
reduced
asbestos
liability
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Michael Lockhart, 51 Chairman,
CEO | -- | Frank Riddick, III, 43 Pres,
COO and Pres, Worldwide Floor Products Operations | $1.3M | Leonard Campanaro, 53 CFO,
Sr. VP | -- | Matthew Angello Sr.
VP of HR | -- | Stephen Stockwell, 54 Sr.
VP, Strategic Relations | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|