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Armstrong World Industries, inc (AWI) Q1 2021 Earnings Call Transcript

Armstrong World Industries, inc (AWI) Q1 2021 Earnings Call Transcript
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Pandemic alters CEO pay at Fulton, Armstrong World, others

Some local CEOs are lucky that their company’s board of directors grades on a curve.  So when these companies financial results got skewered by the pandemic, their CEOs got rewarded with at least some incentive pay for a job well done anyway. The boards chose to recognize the CEOs for successfully navigating through the unprecedented challenges, not punish them for missing fiscal goals that turned out to be unattainable when the economy abruptly tumbled into a recession. Here’s a look at how the CEOs of five large, publicly held companies based in the area fared last year, compared to 2019, as disclosed in the proxy each company recently sent to its shareholders ahead of the company’s annual meeting. 

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