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Tue, Jun 25, 2019 04:07
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Management Side

Mohawk hires new CFO

Mohawk Industries has appointed a new chief financial officer and executive vice president.

Glenn Landau brings 28 years of experience to the post. He launched his career in 1991 with International Paper (IP), beginning in engineering and then moving into manufacturing. He had general management roles in the company's packaging businesses in the U.S. and Europe before assuming strategic responsibility for IP's forest resources, real estate and minerals sector in 2003. Four years later, he was named vice president and general manager of containerboard packaging, and was credited with playing a key role in the acquisition and integration of Weyerhaeuser's packaging and recycling businesses.

In 2011, Landau transitioned into a finance role, becoming IP's vice president of investor relations. From 2013 to 2016, he was president of the company's paper and packaging entity in Brazil, with full profit-and-loss responsibility for the segment and strategic direction for the Latin American market.

Most recently, he served as IP's chief financial officer, heading the company's global finance function and its capital allocation process and steering its value creation initiatives, while leading a team of more than 2,500 finance and IT professionals around the globe.

Landau will assume his new role at Mohawk on April 1. He succeeds Frank H. Boykin, whose planned retirement was announced in November.

Over the past 25 years, Boykin has made "significant contributions helped grow Mohawk into the world's largest flooring company," said Jeffrey S. Lorberbaum, chairman and CEO. "He has built a talented financial team, and their continued good work will ensure that this transition runs smoothly."

Lorberbaum added: "Glenn's track record of success leading large global business segments brings valuable perspective and depth to his role as CFO, complements our team and will help accelerate improvements across the enterprise. Having held P&L responsibility in both domestic and international assignments, he understands how to drive results and create the best value for shareholders."



 


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