Mohawk Industries Management
Management criteria checks 4/4
Mohawk Industries' CEO is Jeff Lorberbaum, appointed in Jan 2001, has a tenure of 23.17 years. total yearly compensation is $4.26M, comprised of 31.6% salary and 68.4% bonuses, including company stock and options. directly owns 14.97% of the company’s shares, worth $1.20B. The average tenure of the management team and the board of directors is 2.9 years and 12.8 years respectively.
Key information
Jeff Lorberbaum
Chief executive officer
US$4.3m
Total compensation
CEO salary percentage | 31.6% |
CEO tenure | 23.2yrs |
CEO ownership | 15.0% |
Management average tenure | 2.9yrs |
Board average tenure | 12.8yrs |
Recent management updates
Recent updates
Mohawk 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 02After Leaping 25% Mohawk Industries, Inc. (NYSE:MHK) Shares Are Not Flying Under The Radar
Dec 18Mohawk Industries: Macro Headwinds Not Going Away Yet
Nov 21Is Mohawk Industries, Inc. (NYSE:MHK) Potentially Undervalued?
Nov 15Are Investors Undervaluing Mohawk Industries, Inc. (NYSE:MHK) By 47%?
Oct 28Mohawk Industries: Poorly Managed With Serious Headwinds Ahead
Oct 24Mohawk Industries: The 'Floor' Isn't In Yet For Stock Price
Oct 16Some Investors May Be Worried About Mohawk Industries' (NYSE:MHK) Returns On Capital
Oct 10Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Sep 22Why Mohawk Industries, Inc. (NYSE:MHK) Could Be Worth Watching
Aug 11Mohawk Industries: Remain Hold As Q2 Margin Is Not Improving As Much I Expected
Jul 28Calculating The Fair Value Of Mohawk Industries, Inc. (NYSE:MHK)
Jul 27Some Investors May Be Worried About Mohawk Industries' (NYSE:MHK) Returns On Capital
Jul 11Does Mohawk Industries (NYSE:MHK) Have A Healthy Balance Sheet?
Jun 23Mohawk Industries: Continue To Observe How Margins Improve
Jun 02Is Now The Time To Look At Buying Mohawk Industries, Inc. (NYSE:MHK)?
May 04An Intrinsic Calculation For Mohawk Industries, Inc. (NYSE:MHK) Suggests It's 31% Undervalued
Apr 16Mohawk Industries (NYSE:MHK) Will Be Hoping To Turn Its Returns On Capital Around
Mar 29Mohawk Industries (NYSE:MHK) Has A Somewhat Strained Balance Sheet
Mar 10Mohawk Non-GAAP EPS of $1.32 beats by $0.03, revenue of $2.7B beats by $10M
Feb 09Should You Investigate Mohawk Industries, Inc. (NYSE:MHK) At US$113?
Jan 19Mohawk Industries provides Q4 and litigation update
Jan 17Mohawk Industries: Still A Comfortable Prospect For A Value Portfolio
Jan 09Is There An Opportunity With Mohawk Industries, Inc.'s (NYSE:MHK) 46% Undervaluation?
Jan 04Returns On Capital At Mohawk Industries (NYSE:MHK) Have Hit The Brakes
Dec 05Mohawk Industries: Undervalued With A Large Margin Of Safety
Oct 22At US$98.85, Is Mohawk Industries, Inc. (NYSE:MHK) Worth Looking At Closely?
Oct 19Mohawk Industries: A Solid Prospect With Some Upside
Sep 09Is Mohawk Industries (NYSE:MHK) A Risky Investment?
Sep 07Mohawk Industries (NYSE:MHK) Is Reinvesting At Lower Rates Of Return
Aug 05Mohawk Non-GAAP EPS of $4.41 beats by $0.12, revenue of $3.15B in-line
Jul 28Is Now An Opportune Moment To Examine Mohawk Industries, Inc. (NYSE:MHK)?
Jul 21Mohawk Industries - Finding A Floor
Jun 22Mohawk Industries (NYSE:MHK) Could Easily Take On More Debt
Jun 06Mohawk Industries Reached Potential Flooring At A Reasonable Price
May 02There Are Reasons To Feel Uneasy About Mohawk Industries' (NYSE:MHK) Returns On Capital
May 01At US$124, Is It Time To Put Mohawk Industries, Inc. (NYSE:MHK) On Your Watch List?
Apr 15I Ran A Stock Scan For Earnings Growth And Mohawk Industries (NYSE:MHK) Passed With Ease
Mar 03CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | -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$972m |
Compensation vs Market: Jeff's total compensation ($USD4.26M) is below average for companies of similar size in the US market ($USD7.74M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
CEO
Jeff Lorberbaum (68 yo)
23.2yrs
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 | 23.2yrs | US$4.26m | 14.97% $ 1.2b | |
President | 18.3yrs | US$3.68m | 0.24% $ 18.8m | |
Chief Financial Officer | 2.9yrs | US$1.60m | 0.029% $ 2.3m | |
President of Flooring North America Segment | 5.3yrs | US$2.04m | 0.090% $ 7.2m | |
Chief Accounting Officer & Corporate Controller | 1.6yrs | no data | 0.00044% $ 35.2k | |
Chief Information Officer | less than a year | no data | 0.0020% $ 156.9k | |
VP of Investor Relations & Treasurer | 13.9yrs | no data | no data | |
VP of Business Strategy | 10.7yrs | no data | 0.024% $ 1.9m | |
CFO of Global Ceramic Segment | 1.6yrs | no data | no data | |
Chief Sustainability Officer | less than a year | no data | 0.00077% $ 61.6k | |
President of Flooring Rest of the World | less than a year | no data | 0.013% $ 1.0m |
2.9yrs
Average Tenure
56.5yo
Average Age
Experienced Management: MHK's management team is considered experienced (2.9 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 30yrs | US$4.26m | 14.97% $ 1.2b | |
President | 22yrs | US$3.68m | 0.24% $ 18.8m | |
Independent Director | 31.4yrs | US$174.75k | 0.45% $ 36.3m | |
Independent Director | 9.7yrs | US$184.75k | 0.014% $ 1.1m | |
Lead Independent Director | 4.1yrs | US$174.75k | 0.0059% $ 471.4k | |
Independent Director | 16.1yrs | US$189.75k | 0.033% $ 2.6m | |
Independent Director | 2.1yrs | US$20.00k | no data | |
Independent Director | 12.8yrs | US$184.75k | 0.018% $ 1.4m | |
Director | less than a year | US$1.84m | 0.31% $ 24.5m |
12.8yrs
Average Tenure
68yo
Average Age
Experienced Board: MHK's board of directors are seasoned and experienced ( 12.8 years average tenure).