Worthington Enterprises Announces Quarterly Dividend and Welcomes Charles Chiappone to Board of Directors
Quarterly Dividend Announcement: Worthington Enterprises Inc. declared a quarterly dividend of $0.19 per share, payable on March 27, 2026, to shareholders of record on March 13, 2026. The company has consistently paid dividends since its IPO in 1968.
New Board Member Appointment: Charles Chiappone has been appointed to the Board of Directors, bringing extensive experience from his previous roles at Armstrong World Industries and Worthington Armstrong Venture, as well as a background in the U.S. Marine Corps.
Upcoming Earnings Conference Call: Worthington Enterprises will hold a quarterly earnings conference call on December 17, 2025, at 8:30 a.m. ET to discuss its fiscal second quarter results, which will be released later today.
Company Overview: Worthington Enterprises, headquartered in Columbus, Ohio, operates in two main segments—Building Products and Consumer Products—and is committed to corporate citizenship and sustainability, employing around 6,000 people across North America and Europe.
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Armstrong World Industries Appoints New CEO, Market Cap Nearly Quadrupled
- Leadership Transition: Armstrong World Industries announced that current COO Mark Hershey will succeed Vic Grizzle as CEO effective April 1, 2026, marking a smooth leadership transition after Grizzle's decade-long tenure.
- Market Capitalization Growth: Under Grizzle's leadership, Armstrong's market capitalization has nearly quadrupled since separating from its flooring business in 2016, demonstrating the company's sustained profitability and growth potential in the building products sector.
- Strategic Planning: Hershey has played a pivotal role in developing and executing the company's strategy over the past 15 years, leading 14 acquisitions that have successfully transformed the Architectural Specialties segment, highlighting his importance in the company's future direction.
- Future Vision: Hershey expressed his commitment to advancing the company's growth strategy while focusing on customer needs, leveraging Armstrong's 165-year legacy of excellence and integrity to enhance its market competitiveness.

Dow Jones Index Rallies for Third Straight Day, Platinum Surges 8.1%
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