Mohawk Industries CEO Jeff Lorberbaum was paid $6.1 million in 2015, a 22 percent increase from the $5 million he received the year before, according to Timesfreepress.com.
The Calhoun, Ga.-based company’s president, W. Christopher Wellborn, received a 19 percent increase that put his total 2015 compensation at more than $5.1 million, the newspaper reported.
The raises occurred during what Lorberbaum described in its 2015 financial report as “the best year in Mohawk’s history.”
Mohawk had profits of $756 million—a 26 percent year-over-year increase—on net sales of $8.1 billion in 2015.
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