Jerry Burris
MOHAWK INDUSTRIESAbout Jerry W. Burris
Independent director of Mohawk Industries since February 2022; age 61. Currently President & CEO of Midwest Can Company, with deep operating experience in global manufacturing, supply chain, and product development. Board committees: Compensation and Nominating & Corporate Governance. Independence affirmed by the Board under SEC/NYSE standards; all directors attended ≥75% of Board and committee meetings in 2024 .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Midwest Can Company | President & Chief Executive Officer | May 2018–present | Leads manufacturing operations and product development |
| Associated Materials Group, Inc. | President & Chief Executive Officer | 2011–2014 | Led professionally installed exterior building products operations |
| Barnes Group Inc. (Barnes Industrial) | President | 2006–2011 | Managed global precision components business |
| General Electric – Advanced Materials (Quartz & Ceramics) | President & CEO | 2006 | Ran advanced materials operations |
| GE Healthcare | General Manager, Global Services | 2003–2006 | Oversaw global service operations |
| GE Industrial Systems/Honeywell Integration | Head of Global Supply Chain Sourcing | 2000 | Led sourcing/integration initiatives |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| nVent Electric plc | Director | 2018–present | Not disclosed |
| Fifth Third Bancorp | Director | 2016–2020 | Not disclosed |
| Pentair plc | Director | 2008–2018 | Not disclosed |
| Midwest Can Company | Director | 2017–present | Not disclosed |
Board Governance
- Committee assignments: Compensation Committee member; Nominating & Corporate Governance Committee member .
- Committee activity: Compensation Committee met 2 times in 2024; Governance Committee met 2 times in 2024 .
- Audit Committee: not a member .
- Board meetings: 5 in 2024; all directors attended ≥75% of eligible meetings; all directors present at 2024 annual meeting .
- Independence status: Board affirmatively determined Burris is independent under Company guidelines consistent with SEC/NYSE standards .
- Lead Independent Director: John M. Engquist reappointed February 2025; executive sessions of non-management directors held as needed at each Board meeting and presided over by the Lead Independent Director .
Fixed Compensation
| Component | 2024 Amount/Structure |
|---|---|
| Annual cash retainer | $100,000 (Burris actual cash) |
| Annual equity retainer | $165,000 policy; Burris received stock awards valued at $184,240 (grant-date fair value) |
| RSU grant details | 1,750 RSUs granted January 2, 2024; grant-date price $105.28; vest in equal installments on each of the first three anniversaries |
| Committee chair fees | Not applicable (Burris is not a chair); chair fees: Audit $25,000; Compensation $20,000; Governance $15,000 |
| Lead Independent Director fee | Not applicable; $35,000 retainer effective 2025 |
| Total 2024 director compensation (Burris) | $284,240 (cash $100,000; stock awards $184,240) |
Performance Compensation
| Metric | Structure |
|---|---|
| Director equity design | RSUs are time-vesting over three years; no performance conditions (no TSR/financial metrics) |
Other Directorships & Interlocks
- Compensation Committee interlocks: Committee members (Runge, Bogart, Burris, Onorato) had no relationships requiring disclosure under Item 404; no insider participation conflicts disclosed .
- Related-party transactions: No Burris-related transactions disclosed; only related-person item noted for another executive’s family member employment .
Expertise & Qualifications
- Global business; Mergers & Acquisitions; Sustainability; Enterprise Risk Management; Cybersecurity; Manufacturing/Operations; Distribution/Transportation .
Equity Ownership
| Item | Detail |
|---|---|
| Beneficial ownership | 1,690 shares of Common Stock (as of March 28, 2025); <1% of class |
| RSUs outstanding | 2,855 RSUs held as of December 31, 2024 |
| Shares pledged | None disclosed for Burris in Stock Ownership table (pledging footnote pertains to another director) |
| Director ownership guideline | Directors with 5+ years tenure must own shares equal to 3x annual retainer; all directors met ownership requirements as of April 1, 2025 |
| Anti-hedging | Directors/officers prohibited from hedging, short sales, and certain derivative transactions under Insider Trading Policy |
Governance Assessment
- Strengths: Independent status; active roles on Compensation and Governance committees; satisfactory attendance; anti-hedging policy; director ownership aligned via annual equity grants and compliance with ownership guidelines; no Burris-related party transactions or pledging disclosed. High shareholder support for say‑on‑pay in 2024 (89%) and strong 12‑year average (95.3%) indicate investor confidence in compensation governance .
- Watch items: Multiple external board roles require time management, though no conflicts with Mohawk disclosed; overall board leadership remains combined Chair/CEO, mitigated by Lead Independent Director and executive sessions .
- RED FLAGS: None disclosed specific to Burris (no pledging, no related-party transactions, independence affirmed) .