David L Kolb

David Kolb, 81, former CEO and chairman of the board for Mohawk, died April 2 2020. Kolb joined Mohawk in July 1980 as president of the carpet division of Mohasco Corporation. In 1988, he and other members of senior management, along with Citicorp Venture Capital, successfully completed a leveraged buyout of the carpet division forming Mohawk Industries. Kolb orchestrated a string of acquistions, one of the last of which was Aladdin Mills. In that stock swap transaction, the Lorberbaum family ended up with the single largest voting shares. Kolb served as chairman and chief executive officer until 2000, leading the company to become a public company in 1992 and enter the Fortune 500. Kolb was known as quiet and pensive leader who was instrumental in Mohawk's early success. He recognized that Mohawk needed to diversify beyond broadloom if it ever wanted to be a global leader and helped drive that diversity as Mohawk's Chairman. Kolb stepped down as chairman of Mohawk’s board in 2013. Kolb lived on Lookout Mountain for many years but moved to the Chicago area after he retired. David L. Kolb --Mr. Kolb (age 69) served as President of Mohawk Carpet Corporation (now one of the Company's principal operating subsidiaries) until Mohawk Carpet Corporation was acquired by the Company in December 1988, at which time he became Chairman of the Board of Directors and Chief Executive Officer of the Company. Effective January 2001, Mr. Kolb retired from his position as Chief Executive Officer. He retired as Chairman in May 2004. Prior to joining Mohawk Carpet Corporation, Mr. Kolb served in various executive positions with Allied-Signal Corporation for 19 years, most recently as Vice President and General Manager of Home Furnishings. Mr. Kolb is also a director of Aaron Rents, Inc., a home furnishings retailer, and Chromcraft Revington, Inc., a furniture manufacturer. In addition, Mr. Kolb is a trustee of the Schenck School and Mount Vernon Presbyterian School.