Filip Balcaen - Mohawk Industries Director

MHK -- USA Stock  

USD 128.09  2.07  1.64%

Mr. Filip Balcaen is an Independent Director of Mohawk Industries, Inc. Mr. Balcaen was a director of the Company since February 2016. He is currently the President of Baltisse, a private investment firm, a position he has held since December 21, 2006. Mr. Balcaen has extensive experience growing and leading businesses in the flooring industry, serving as the CEO of the IVC Group, a global sheet vinyl and LVT manufacturing company, from 2004 2010 after which he served as chairman of the company until the Company acquired IVC in 2015. Mr. Balcaen began his career in flooring in 1984 working in various positions at the Balta Group, one of the largest producers of textile floor coverings in Europe, where he served as board member from 1990 to 2015 and CEO and Chairman from 1990 to 2004
Age: 57  Director Since 2016      
Balcaen also serves on the board of Pentahold, a private equity partnership active in Belgium, Stevia One Holding, a private company active in the production of the natural high intensity sweetener Stevia, and Origis Energy NV, a private company active in the global development and management of solar energy plants.

Filip Balcaen Latest Insider Activity

Management Efficiency

The company has Return on Asset of 5.9 % which means that on every $100 spent on asset it made $5.9 of profit. This is considered to be average in the sector. In the same way, it shows return on shareholders equity (ROE) of 11.9 % implying that it generated $11.9 on every 100 dollars invested.
The company has 3.26B in debt with debt to equity (D/E) ratio of 43.7 . This implies that the company may be unable to create cash to meet all of its financial commitments. Mohawk Industries has Current Ratio of 1.35 which is typical for the industry and considered as normal.

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Entity Summary

Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for remodeling and new constructions of residential and commercial spaces worldwide. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia. Mohawk Industries operates under Home Furnishings Fixtures classification in USA and is traded on BATS Exchange. It employs 42100 people.Mohawk Industries (MHK) is traded on BATS Exchange in USA. It is located in 160 South Industrial Boulevard and employs 42,100 people. Mohawk Industries is listed under Textiles category by Fama And French industry classification.

Mohawk Industries Leadership Team

Jeffrey Lorberbaum, Chairman and CEO
Brian Carson, President of Carpet
Richard Ill, Independent Director
John Fiedler, Independent Director
Filip Balcaen, Director
David Patton, Vice President - Business Strategy, General Counsel, Secretary
James Brunk, Chief Accounting Officer and Corporate Controller
Richard C, Independent Director
Paul Cock, President - Flooring North America
Bernard Thiers, President of Laminate and Wood
Frank Boykin, CFO and VP of Fin.
William Wellborn, President COO, Director
Joseph Onorato, Independent Director
Bogart Pilkington, Independent Director
Frans Cock, Director
Bruce Bruckmann, Independent Director
William Runge, Director
Karen Bogart, Independent Director
John Turner, President - Dal-Tile Business Unit

Stock Performance Indicators

Current Sentiment - MHK

Mohawk Industries Investor Sentiment

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