"Preparation for Armstrong's emergence from Chapter 11 protection will occupy an increasing percentage of my time," said Chairman and CEO Mike Lockhart. "To ensure the floor business in North America loses none of the momentum it has generated in the marketplace, we are promoting Frank Ready to CEO, Armstrong Floor Products North America."

Ready has extensive experience in Armstrong's floor business. He has worked in sales and marketing, with Big-Box customers, builders, and independent retailers. He also had a brief stint overseeing AFP's manufacturing operations.

"The breadth of his experience and his track record of success make him the perfect choice for the job," added Lockhart.