Mohawk Executives Get Double-Digit Raises
Calhoun, GA, April 8, 2014 -- Mohawk CEO Jeffrey Lorberbaum got a 21.9% boost in his compensation last year.
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According to public filings, Lorberbaum was paid more than $5.2 million in 2013, up from slightly less than $4.3 million the previous year and almost twice the $2.7 million he was paid in 2011.
Mohawk president W. Christopher Wellborn also got an 18.2% pay raise, to a total compensation package of nearly $4.4 million.
Mohawk chief financial officer Frank Boykin saw his pay increased by 17.5% to more than $2.3 million last year.