Formica announces management changes
Formica Corp. recently announced that President, CEO and Chairman of the Board of Directors Vince Langone tendered his resignation as an officer and director of the company, its direct parent FM Holdings Inc., its indirect parent Laminates Acquisition Co., and their subsidiaries.
To fill Langone's vacancy, Frank A. Riddick III has been elected president, CEO and director of Formica Corp., FM Holdings, Inc. and Laminates Acquisition Co.
Riddick's experience includes serving as president, COO and chief financial officer of Armstrong World Industries Inc. He also served as chief executive officer of Triangle Pacific Corp., a wholly owned subsidiary of Armstrong World Industries Inc.
William Adams resigned as director of Formica Corp., FM Holdings Inc., Laminates Acquisition Co., and their subsidiaries. Adams also resigned as an officer of Formica International Corp., a subsidiary of Formica Corp., and its subsidiaries, but will remain until June 14.