Friday, Armstrong World Industries Inc. (AWI) said it has appointed Thomas Mangas as Senior Vice President and Chief Financial Officer effective February 1, 2010. Mangas most recently served as Vice President and Chief Financial Officer of the $28 billion Beauty and Grooming business of Procter & Gamble or P&G. He had an impressive progression of finance roles at P&G, where he has spent the entirety of his career.
"We are excited to have Tom working with us. 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 Chief Financial Officer," said Chairman and Chief Executive Officer, Michael Lockhart.
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