Mohawk CFO Frank Boykin Plans Retirement After 25 Years

Mohawk Industries, Inc. (“Mohawk”) announced that Frank H. Boykin, chief financial officer, is planning to retire in 2019.  Boykin joined Mohawk in 1993, moving up through various finance roles prior to his appointment as CFO in January 2005.

“I am grateful for the contributions Frank has made to Mohawk during his 25 years with the business,” said Jeffrey S. Lorberbaum, Chairman and Chief Executive Officer. “During that time, his leadership enabled Mohawk to expand from a niche carpet provider into the world’s largest flooring company with manufacturing operations in 19 countries. Frank has positioned Mohawk with a robust balance sheet that will support our growth and acquisitions in the future. I am confident in the strong financial team Frank has developed and appreciate his continued support through the transition.”

“I am proud of Mohawk’s remarkable growth and expansion during my time here,” said Boykin. “Mohawk is a great company with a bright future, and I look forward to working with our finance team to deliver a smooth transition.”

Mohawk has launched a comprehensive search for Boykin’s successor. After his successor is selected, Boykin will facilitate the transition in a senior consultant role.

About Mohawk Industries

Mohawk Industries is the 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, Daltile, Durkan, Feltex, Godfrey Hirst, IVC, Karastan, Marazzi, Mohawk, Mohawk Group, Pergo, Quick-Step and Unilin. 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, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States.

Source: Mohawk Industries, Inc.