Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Daniel T. Hendrix earned $4.74M in total compensation at Interface, including $858.00K salary, $999.57K bonus and $2.83M in stock. Most recently sold 20,000 shares in Aug 2024. Currently holds stock worth $4.41M. Has donated $1.49M in stock to charitable causes. Led Interface as CEO for 15 years.

Compensation History

Annual executive compensation data for Daniel T. Hendrix, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$4.74M

Salary

$858.00K

Bonus

$999.57K

Other

$54.16K

Salary

$858.00K

Board Justification

The compensation program is designed to attract and retain a highly qualified management team, with a significant portion of total compensation linked to performance metrics that align with shareholder interests.

Bonus

$999.57K

Board Justification

The bonus is based on measurable financial objectives, including adjusted operating income and currency-neutral sales, with a total achievement of approximately 93.2% of the bonus opportunity for 2023.

Other Compensation

$54.16K

Board Justification

The other compensation includes the incremental cost to the Company of perquisites and contributions to retirement plans.

Restricted Stock

$2.83M224.47K restricted stock

Board Justification

The vested stock consists of restricted stock that will vest over a period of multiple years following the date of award, with specific shares scheduled to vest in 2024 and 2026.

Performance Metrics

The performance metrics for 2023 included adjusted operating income and currency-neutral sales.

I

Daniel T. Hendrix

Ex-CEO of Interface

Education

Bachelor's degree from the University of Georgia.

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

December 12, 1952 - 72 years ago

CEO of Interface for

15 years 6 months (Jul 2001 - Jan 2017)

Previous Experience

Chairman, President and Chief Executive Officer of Interface, Inc. since July 2001. Previously served as President and Chief Executive Officer of the company.

Holdings

Track Daniel T. Hendrix's stock holdings and portfolio value over time.

Total Stock Sold

$13.46M

TILE

$11.74M

596,000 TILE shares

AMWD

$1.72M

25,175 AMWD shares

What if they kept their stock?

If Daniel T. Hendrix didn't sell their stock, today they would have:
Extra TILE596,000 shares worth $16.24M and AMWD25,175 shares worth $1.35M.
This is 30.65% and $4.13M more than what they got when they sold the stock.

Charitable Transactions

AMWD

2,315 shares

AMWD

TILE

50,000 shares

TILE

Recent Charitable Transactions

AMWD

2,315 shares

AMWD

Aug 25, 2016

Charity

TILE

50,000 shares

TILE

Dec 30, 2012

Charity

Insider Trading

Daniel T. Hendrix's recent stock transactions, purchases, and sales filed with the SEC.

TILE

$361.40K

TILE at $18.07/share

Aug 23, 2024

Sale

AMWD

2,740 shares

AMWD

Aug 22, 2024

Received

TILE

$62.32K

TILE at $17.53/share

Aug 21, 2024

Sale

TILE

$95.42K

TILE at $17.53/share

Aug 16, 2024

Sale

TILE

$54.41K

TILE at $15.99/share

Aug 5, 2024

Sale

TILE

$101.11K

TILE at $17.60/share

Jul 31, 2024

Sale

TILE

$76.49K

TILE at $17.58/share

Jul 25, 2024

Sale

TILE

$294.97K

TILE at $17.05/share

Jul 23, 2024

Sale

TILE

$3.40K

TILE at $17.00/share

Jul 18, 2024

Sale

TILE

$248.40K

TILE at $16.56/share

Jul 16, 2024

Sale

Rivals

Compare Daniel T. Hendrix with competitor CEOs and industry peers.