Mohawk Industries CEO Jeffrey Lorberbaum's 2019 pay falls 32% to $3.1M

Mohawk Industries reports 2019 executive compensation

By ExecPay News

Published: April 3, 2020

Mohawk Industries reported fiscal year 2019 executive compensation information on April 3, 2020.
In 2019, six executives at Mohawk Industries received on average a compensation package of $2.4M, a 24% decrease compared to previous year.
Average pay of disclosed executives at Mohawk Industries
Jeffrey S. Lorberbaum, Chief Executive Officer, received $3.1M in total, which decreased by 32% compared to 2018. 40% of Lorberbaum's compensation, or $1.2M, was in salary. Lorberbaum also received $669K in non-equity incentive plan, $1.2M in stock awards, as well as $18K in other compensation.
For fiscal year 2019, the median employee pay was $42,999 at Mohawk Industries. Therefore, the ratio of Jeffrey S. Lorberbaum's pay to the median employee pay was 73 to one.
W. Christopher Wellborn, Chief Operating Officer, received a compensation package of $2.7M, which decreased by 33% compared to previous year. 40% of the compensation package, or $1.1M, was in salary.
Paul F. De Cock, President — Flooring NA, earned $2.7M in 2019, a 4% decrease compared to previous year.
Glenn R. Landau, Chief Financial Officer, received $2.6M in 2019.
Bernard P. Thiers, President — Flooring ROW, earned $2.1M in 2019, a 18% decrease compared to previous year.
Frank H. Boykin, Chief Financial Officer, received $1.4M in 2019, which decreases by 32% compared to 2018.

Related executives

Jeffrey Lorberbaum

Mohawk Industries

Chief Executive Officer

Glenn Landau

Mohawk Industries

Chief Financial Officer

W Wellborn

Mohawk Industries

Chief Operating Officer

Bernard Thiers

Mohawk Industries

President — Flooring ROW

Paul De Cock

Mohawk Industries

President — Flooring NA

Frank Boykin

Mohawk Industries

Chief Financial Officer

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Source: SEC filing on April 3, 2020.