Mohawk Industries Management
Management criteria checks 3/4
Mohawk Industries' CEO is Jeff Lorberbaum, appointed in Jan 2001, has a tenure of 22.92 years. total yearly compensation is $4.26M, comprised of 31.6% salary and 68.4% bonuses, including company stock and options. directly owns 14.98% of the company’s shares, worth MX$15.29B. The average tenure of the management team and the board of directors is 7.8 years and 14.2 years respectively.
Key information
Jeff Lorberbaum
Chief executive officer
US$4.3m
Total compensation
| CEO salary percentage | 31.6% |
| CEO tenure | 22.9yrs |
| CEO ownership | 15.0% |
| Management average tenure | 7.8yrs |
| Board average tenure | 14.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$546m |
| Jul 01 2023 | n/a | n/a | -US$319m |
| Apr 01 2023 | n/a | n/a | -US$140m |
| Dec 31 2022 | US$4m | US$1m | US$25m |
| Oct 01 2022 | n/a | n/a | US$181m |
| Jul 02 2022 | n/a | n/a | US$986m |
| Apr 02 2022 | n/a | n/a | US$1b |
| Dec 31 2021 | US$5m | US$1m | US$1b |
| Oct 02 2021 | n/a | n/a | US$1b |
| Jul 03 2021 | n/a | n/a | US$1b |
| Apr 03 2021 | n/a | n/a | US$642m |
| Dec 31 2020 | US$4m | US$1m | US$516m |
| Sep 26 2020 | n/a | n/a | US$532m |
| Jun 27 2020 | n/a | n/a | US$482m |
| Mar 28 2020 | n/a | n/a | US$733m |
| Dec 31 2019 | US$3m | US$1m | US$744m |
| Sep 28 2019 | n/a | n/a | US$706m |
| Jun 29 2019 | n/a | n/a | US$777m |
| Mar 30 2019 | n/a | n/a | US$771m |
| Dec 31 2018 | US$5m | US$1m | US$858m |
| Sep 29 2018 | n/a | n/a | US$872m |
| Jun 30 2018 | n/a | n/a | US$915m |
| Mar 31 2018 | n/a | n/a | US$979m |
| Dec 31 2017 | US$5m | US$1m | US$972m |
| Sep 30 2017 | n/a | n/a | US$965m |
| Jul 01 2017 | n/a | n/a | US$965m |
| Apr 01 2017 | n/a | n/a | US$959m |
| Dec 31 2016 | US$7m | US$1m | US$930m |
Compensation vs Market: Jeff's total compensation ($USD4.26M) is above average for companies of similar size in the MX market ($USD2.75M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Lorberbaum (68 yo)
22.9yrs
Tenure
US$4,259,954
Compensation
Mr. Jeffrey S. Lorberbaum, also known as Jeff, has been the Chief Executive Officer of Mohawk Industries, Inc. since January 1, 2001. Mr. Lorberbaum is a co-owner of Helm Management Corporation and Cuddy H...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 22.9yrs | US$4.26m | 14.98% $ 15.3b | |
| President | 18.1yrs | US$3.68m | 0.23% $ 229.8m | |
| Chief Financial Officer | 2.7yrs | US$1.60m | 0.0066% $ 6.7m | |
| President of Unilin - Flooring Rest of World | 14.9yrs | US$1.84m | 0.31% $ 311.9m | |
| President of Flooring North America Segment | 5.1yrs | US$2.04m | 0.078% $ 79.6m | |
| Chief Accounting Officer & Corporate Controller | 1.3yrs | no data | no data | |
| VP of Investor Relations & Treasurer | 13.7yrs | no data | no data | |
| VP of Business Strategy | 10.4yrs | no data | 0.022% $ 22.8m | |
| CFO of Global Ceramic Segment | 1.3yrs | no data | 0.0059% $ 6.0m | |
| Chief Sustainability Officer | less than a year | no data | no data |
7.8yrs
Average Tenure
58yo
Average Age
Experienced Management: MHK *'s management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 29.8yrs | US$4.26m | 14.98% $ 15.3b | |
| President | 21.8yrs | US$3.68m | 0.23% $ 229.8m | |
| Independent Director | 31.2yrs | US$174.75k | 0.45% $ 463.1m | |
| Independent Director | 9.4yrs | US$184.75k | 0.012% $ 12.2m | |
| Lead Independent Director | 3.8yrs | US$174.75k | 0.0043% $ 4.4m | |
| Independent Director | 15.8yrs | US$189.75k | 0.031% $ 31.6m | |
| Independent Director | 1.8yrs | US$20.00k | no data | |
| Independent Director | 12.6yrs | US$184.75k | 0.018% $ 18.1m |
14.2yrs
Average Tenure
68.5yo
Average Age
Experienced Board: MHK *'s board of directors are seasoned and experienced ( 14.2 years average tenure).