Mohawk Industries Announces CEO Succession Plan

Mohawk Industries, a flooring manufacturer, has announced a leadership change. Paul De Cock has been appointed as the new Chief Executive Officer, effective September 30, 2026. Current CEO Jeff Lorberbaum will retire on the same date, concluding a 50-year tenure with the company.

Lorberbaum will transition to the role of Chairman of the Board of Directors. He has guided Mohawk Industries through significant growth and expansion during his leadership. The company also reported its first quarter 2026 financial results on April 30, 2026, announcing a net earnings of $117 million and earnings per share of $1.90.

In February 2026, Mohawk Industries reported its fourth quarter and full-year 2025 results. The fourth quarter saw a net earning of $42 million, or $0.68 per share. Adjusted net earnings were $124 million, with adjusted earnings per share at $2.00.

Mohawk Industries is the world's largest flooring manufacturer, offering a wide range of products for residential and commercial spaces under brands such as Mohawk, Karastan, Leoline, and Durkan. The CEO transition marks a strategic point as the company continues its market leadership in the flooring industry.