According to floordaily.net, Matt Espe will step down as CEO of Armstrong World Industries when the company spins off its flooring business, according to Lancaster Online.

Espe has been president and CEO of Armstrong since July 2010.

Armstrong World Industries will be led by current ceilings division CEO Vic Grizzle, and  Armstrong Flooring will be led by current flooring division CEO Don Maier.

Don Maier has been CEO of the Armstrong flooring products since September 2014.