Mohawk Industries Management
Management criteria checks 4/4
Mohawk Industries' CEO is Jeff Lorberbaum, appointed in Jan 2001, has a tenure of 23.92 years. total yearly compensation is $4.43M, comprised of 31.3% salary and 68.7% bonuses, including company stock and options. directly owns 15.04% of the company’s shares, worth $1.13B. The average tenure of the management team and the board of directors is 3 years and 13.6 years respectively.
Key information
Jeff Lorberbaum
Chief executive officer
US$4.4m
Total compensation
| CEO salary percentage | 31.3% |
| CEO tenure | 23.9yrs |
| CEO ownership | 15.0% |
| Management average tenure | 3yrs |
| Board average tenure | 13.6yrs |
Recent management updates
Recent updates
The Returns At Mohawk Industries (NYSE:MHK) Aren't Growing
Dec 03
Risks To Shareholder Returns Are Elevated At These Prices For Mohawk Industries, Inc. (NYSE:MHK)
Nov 13Mohawk Industries: Looking For A Floor
Oct 26Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Oct 19Mohawk Industries, Inc. (NYSE:MHK) Shares Could Be 50% Below Their Intrinsic Value Estimate
Oct 01Investors Met With Slowing Returns on Capital At Mohawk Industries (NYSE:MHK)
Aug 23Mohawk Industries: Stay Buy Rated Due To Positive Growth And Margin Expansion Outlook
Aug 08Subdued Growth No Barrier To Mohawk Industries, Inc. (NYSE:MHK) With Shares Advancing 41%
Jul 29Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
Jul 23Is Mohawk Industries (NYSE:MHK) Using Too Much Debt?
Jul 11Is There An Opportunity With Mohawk Industries, Inc.'s (NYSE:MHK) 39% Undervaluation?
May 14Mohawk Industries: Upgrade To Buy On Clearer View Of Recovery
May 13Mohawk Industries: Housing Market Still Suppressing The Flooring Industry
May 06Mohawk Industries' (NYSE:MHK) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 29These 4 Measures Indicate That Mohawk Industries (NYSE:MHK) Is Using Debt Extensively
Apr 11Mohawk Industries: Staying Neutral For Now Until More Evidence Of Recovery
Feb 17Are Investors Undervaluing Mohawk Industries, Inc. (NYSE:MHK) By 25%?
Feb 01Returns On Capital Signal Difficult Times Ahead For Mohawk Industries (NYSE:MHK)
Jan 17Mohawk Industries: Underappreciated Margins Hidden Behind Macro Woes
Jan 05Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Jan 02Mohawk Industries: Macro Headwinds Not Going Away Yet
Nov 21Mohawk Industries: Poorly Managed With Serious Headwinds Ahead
Oct 24Mohawk Industries: The 'Floor' Isn't In Yet For Stock Price
Oct 16Mohawk Industries: Remain Hold As Q2 Margin Is Not Improving As Much I Expected
Jul 28Mohawk Industries: Continue To Observe How Margins Improve
Jun 02Mohawk Non-GAAP EPS of $1.32 beats by $0.03, revenue of $2.7B beats by $10M
Feb 09Mohawk Industries provides Q4 and litigation update
Jan 17Mohawk Industries: Still A Comfortable Prospect For A Value Portfolio
Jan 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2024 | n/a | n/a | US$564m |
| Jun 29 2024 | n/a | n/a | -US$359m |
| Mar 30 2024 | n/a | n/a | -US$415m |
| Dec 31 2023 | US$4m | US$1m | -US$440m |
| 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$972m |
Compensation vs Market: Jeff's total compensation ($USD4.43M) is below average for companies of similar size in the US market ($USD8.04M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Lorberbaum (69 yo)
23.9yrs
Tenure
US$4,428,417
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 | 23.9yrs | US$4.43m | 15.04% $ 1.1b | |
| President | 19.1yrs | US$6.69m | 0.25% $ 18.9m | |
| Chief Financial Officer | 3.7yrs | US$1.87m | 0.0042% $ 316.7k | |
| President of Flooring North America Segment | 6.1yrs | US$2.00m | 0.087% $ 6.5m | |
| Chief Accounting Officer & Corporate Controller | 2.3yrs | no data | 0.00044% $ 33.1k | |
| Chief Information Officer | 1.4yrs | no data | 0.0018% $ 133.9k | |
| VP of Investor Relations & Treasurer | 14.7yrs | no data | no data | |
| VP of Business Strategy | 11.4yrs | no data | 0.019% $ 1.5m | |
| CFO of Global Ceramic Segment | 2.3yrs | no data | no data | |
| Chief Sustainability Officer | 1.6yrs | no data | 0.00078% $ 58.7k | |
| President of Flooring Rest of the World | less than a year | no data | 0.013% $ 953.0k | |
| President of Global Ceramic segment | less than a year | no data | 0.051% $ 3.8m |
3.0yrs
Average Tenure
56yo
Average Age
Experienced Management: MHK's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 30.8yrs | US$4.43m | 15.04% $ 1.1b | |
| President | 22.8yrs | US$6.69m | 0.25% $ 18.9m | |
| Independent Director | 32.2yrs | US$277.17k | 0.46% $ 34.5m | |
| Independent Director | 10.4yrs | US$297.17k | 0.015% $ 1.2m | |
| Lead Independent Director | 4.8yrs | US$277.17k | 0.0075% $ 560.4k | |
| Independent Director | 16.8yrs | US$302.17k | 0.035% $ 2.6m | |
| Independent Director | 2.8yrs | US$277.17k | 0.00088% $ 66.2k | |
| Independent Director | 13.6yrs | US$292.17k | 0.021% $ 1.6m | |
| Director | less than a year | US$2.01m | 0.32% $ 23.9m |
13.6yrs
Average Tenure
69yo
Average Age
Experienced Board: MHK's board of directors are seasoned and experienced ( 13.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 22:35 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Mohawk Industries, Inc. is covered by 37 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Ishan Majumdar | Baptista Research |
| Stephen Kim | Barclays |