CEO of Armstrong Wood Products Division Resigns
"Frank did a lot of great work for Armstrong. He played a crucial role in the Triangle Pacific and DLW AG, (European floor products) acquisitions, which gave us the number one position in the fast-growing wood segment in the U.S., and the number two position in resilient flooring in Germany," says Armstrong Chairman and CEO Michael D. Lockhart. "In his role as Chief Operating Officer for Armstrong Holdings, Inc., Frank had the courage to take on the leadership role at AWP and tackle the many challenging issues facing the business."
Riddick had three significant positions while at Armstrong, beginning as Senior Vice President for Finance and Chief Financial Officer for Armstrong World Industries, Inc., in April 1995. In March 2000, he became Chief Operating Officer for Armstrong Holdings, Inc, and he became president in August 2000. In November 2000, Riddick was named to the additional post of Chief Executive Officer of AWP, the wood flooring and cabinet businesses Armstrong acquired in July 1998.