The estimated Net Worth of Jeffrey S Lorberbaum is at least $256 Million dollars as of 14 November 2023. Mr. Lorberbaum owns over 25,000 units of Mohawk Industries stock worth over $2,106,996 and over the last 21 years he sold MHK stock worth over $250,835,391. In addition, he makes $3,126,420 as Chairman of the Board and Chief Executive Officer at Mohawk Industries.
Jeffrey has made over 32 trades of the Mohawk Industries stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 14,200 units of MHK stock worth $2,299,690 on 29 July 2024.
The largest trade he's ever made was selling 1,250,000 units of Mohawk Industries stock on 26 November 2003 worth over $86,800,000. On average, Jeffrey trades about 37,380 units every 93 days since 2003. As of 14 November 2023 he still owns at least 14,200 units of Mohawk Industries stock.
You can see the complete history of Mr. Lorberbaum stock trades at the bottom of the page.
Jeffrey S. Lorberbaum serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Lorberbaum has been a director of the Company since our acquisition of Aladdin Mills Inc. (“Aladdin”) in March 1994. He has served as Chairman of the Board since May 2004 and as the Company’s Chief Executive Officer since January 2001. From January 1995 until January 2001, Mr. Lorberbaum served as President and Chief Operating Officer of the Company. Mr. Lorberbaum joined Aladdin in 1976 and served as Vice President — Operations from 1986 until February 1994 when he became President and Chief Executive Officer.
As the Chairman of the Board and Chief Executive Officer of Mohawk Industries, the total compensation of Jeffrey Lorberbaum at Mohawk Industries is $3,126,420. There are no executives at Mohawk Industries getting paid more.
Jeffrey Lorberbaum is 65, he's been the Chairman of the Board and Chief Executive Officer of Mohawk Industries since 2009. There are 5 older and 12 younger executives at Mohawk Industries. The oldest executive at Mohawk Industries, Inc. is Joseph Onorato, 71, who is the Independent Director.
Jeffrey's mailing address filed with the SEC is 160 SOUTH INDUSTRIAL BLVD., P.O. BOX 12069, CALHOUN, GA, 30703.
Over the last 23 years, insiders at Mohawk Industries have traded over $664,605,059 worth of Mohawk Industries stock and bought 1,741,009 units worth $190,150,319 . The most active insiders traders include Jeffrey S Lorberbaum, Mark Lorberbaum, and Suzanne L Helen. On average, Mohawk Industries executives and independent directors trade stock every 20 days with the average trade being worth of $3,889,040. The most recent stock trade was executed by Suzanne L Helen on 9 September 2024, trading 660 units of MHK stock currently worth $99,964.
mohawk industries is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. our industry-leading innovation has yielded products and technologies that differentiate our brands in the marketplace and satisfy all remodeling and new construction requirements. our brands are among the most recognized in the industry and include american olean, bigelow, daltile, durkan, karastan, lees, marazzi, mohawk, mohawk home, pergo, unilin and quick-step. during the past decade, mohawk has transformed its business from an american carpet manufacturer into the world’s largest flooring company with operations in australia, brazil, canada, china, europe, india, malaysia, mexico, russia and the united states.
Mohawk Industries executives and other stock owners filed with the SEC include: