{"id":770341,"date":"2023-07-17T16:39:17","date_gmt":"2023-07-17T20:39:17","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\/"},"modified":"2023-07-17T16:39:17","modified_gmt":"2023-07-17T20:39:17","slug":"mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\/","title":{"rendered":"Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">CALHOUN, Ga., July  17, 2023  (GLOBE NEWSWIRE) &#8212; Mohawk Industries, Inc.\u00a0(NYSE: MHK) today announced that Wim Messiaen will join the Company on October 16, 2023, following the completion of his contractual notice, and will succeed Bernard Thiers as president of the Company\u2019s Flooring Rest of the World segment effective February 1, 2024.\u00a0Mr. Thiers will continue in a senior advisory role after February 1 to ensure a successful transition of the business and its strategies.<\/p>\n<p align=\"justify\">For the past five years, Mr. Messiaen has served as CEO of the corrugated packaging division of VPK Group. Prior to that, he worked for sixteen years with Etex, a leading global building materials company, where his last position was division manager of Roofing &#8211; Central and Eastern Europe. Earlier, Mr. Messiaen served as managing director of Domo Group\u2019s contract carpet tile division.<\/p>\n<p align=\"justify\">\u201cWim has an excellent record as an inspirational leader,\u201d said\u00a0Jeffrey S. Lorberbaum, Mohawk\u2019s chairman and chief executive officer. \u201cHis expertise includes driving organic growth on an international scale, including brown and green field initiatives and numerous acquisitions and divestments. Wim has successfully launched new product categories and built brands from the ground up as well as reorganizing businesses to optimize their results. His background encompasses many product categories, including fiber-based packaging, exterior cladding, roofing, internal partitions and flooring. Wim will complement our outstanding Flooring Rest of the World team and continue our profitable growth.\u201d<\/p>\n<p align=\"justify\">Since 2009, Mr. Thiers has led Mohawk\u2019s Flooring Rest of the World segment. He dramatically expanded the business into new geographies and product categories while developing a talented leadership team. Under Mr. Thiers\u2019 leadership, the business executed multiple transformational acquisitions, including IVC Group in Europe and Godfrey Hirst, the largest flooring business in Australia and New Zealand. He built the panels and insulation businesses into industry leaders both through organic growth and acquisitions. Mr. Thiers\u2019 focus on product innovation led to the creation of breakthrough innovations in flooring, resulting in a leading patent portfolio and licensing business.<\/p>\n<p align=\"justify\">\u201cI appreciate Bernard\u2019s many important contributions to the growth of our business,\u201d said\u00a0Lorberbaum. \u201cHe will continue to play an important role in the long-term success of Mohawk Industries.\u201d<\/p>\n<p align=\"justify\">Certain of the statements in the immediately preceding paragraphs, particularly anticipating future performance, business prospects, growth and operating strategies and similar matters and those that include the words \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201canticipates,\u201d \u201cexpects,\u201d and \u201cestimates,\u201d or similar expressions constitute \u201cforward-looking statements.\u201d For those statements, Mohawk claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. There can be no assurance that the forward-looking statements will be accurate because they are based on many assumptions, which involve risks and uncertainties. The following important factors could cause future results to differ: changes in economic or industry conditions; competition; inflation and deflation in raw material prices and other input costs; inflation and deflation in consumer markets; energy costs and supply; timing and level of capital expenditures; timing and implementation of price increases for the Company\u2019s products; impairment charges; integration of acquisitions; international operations; introduction of new products; rationalization of operations; taxes and tax reform, product and other claims; litigation; and other risks identified in Mohawk\u2019s SEC reports and public announcements.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Mohawk Industries<\/em><br \/>\n        <\/strong><br \/>\n        <br \/>\n        <em>Mohawk Industries is the leading global manufacturer of flooring products that enhance residential and commercial spaces around the world. Mohawk\u2019s industry leading innovation has yielded products and technologies that differentiate its brands in the marketplace and satisfy all remodeling and new construction requirements. During the past three decades, Mohawk has transformed its business from an American carpet manufacturer into the world\u2019s largest flooring company with operations on five continents. Mohawk\u2019s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring as well as chipboard, melamine board, high pressure laminate decorative panels and insulation products. Mohawk\u2019s brands are among the most recognized in the industry and include American Olean, Daltile, Durkan, Eliane, Elizabeth, Feltex, Grupo Daltile, Godfrey Hirst, IVC Commercial, IVC Home, Karastan, Marazzi, Mohawk, Mohawk Group, Mohawk Home, Pergo, Quick-Step, Unilin and Vitromex. For more information, please visit mohawkind.com.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>Contact: Robert Webb \u2013 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0XzlO03K90rONMn5p3z8KfI0cnqNWHfSFMYf5r529-mdq6Sf7vTvYSItWx1JDcrbF3zcK7OzdLcgGElDV_nqfEXl1ffPJ7aQhHyv1h7etgssPPqnq1ei6aCVJph4z8dY\" rel=\"nofollow noopener\" target=\"_blank\">robert_webb@mohawkind.com<\/a>\u00a0<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3NTU4MyM1Njk0OTIyIzIwMDg0OTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/Yzg3ZDdkNDItZDY3My00ZWE1LWExODItY2JkNDlhYTE3NWI0LTEwMjAwNjg=\/tiny\/Mohawk-Industries-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>CALHOUN, Ga., July 17, 2023 (GLOBE NEWSWIRE) &#8212; Mohawk Industries, Inc.\u00a0(NYSE: MHK) today announced that Wim Messiaen will join the Company on October 16, 2023, following the completion of his contractual notice, and will succeed Bernard Thiers as president of the Company\u2019s Flooring Rest of the World segment effective February 1, 2024.\u00a0Mr. Thiers will continue in a senior advisory role after February 1 to ensure a successful transition of the business and its strategies. For the past five years, Mr. Messiaen has served as CEO of the corrugated packaging division of VPK Group. Prior to that, he worked for sixteen years with Etex, a leading global building materials company, where his last position was division manager of Roofing &#8211; Central &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-770341","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CALHOUN, Ga., July 17, 2023 (GLOBE NEWSWIRE) &#8212; Mohawk Industries, Inc.\u00a0(NYSE: MHK) today announced that Wim Messiaen will join the Company on October 16, 2023, following the completion of his contractual notice, and will succeed Bernard Thiers as president of the Company\u2019s Flooring Rest of the World segment effective February 1, 2024.\u00a0Mr. Thiers will continue in a senior advisory role after February 1 to ensure a successful transition of the business and its strategies. For the past five years, Mr. Messiaen has served as CEO of the corrugated packaging division of VPK Group. Prior to that, he worked for sixteen years with Etex, a leading global building materials company, where his last position was division manager of Roofing &#8211; Central &hellip; Continue reading &quot;Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-17T20:39:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3NTU4MyM1Njk0OTIyIzIwMDg0OTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership\",\"datePublished\":\"2023-07-17T20:39:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/\"},\"wordCount\":714,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg3NTU4MyM1Njk0OTIyIzIwMDg0OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/mohawk-announces-planned-transition-of-flooring-rest-of-the-world-segment-leadership\\\/\",\"name\":\"Mohawk Announces Planned Transition of Flooring Rest of the World Segment Leadership - 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