November 26, 2020

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Former Interface CEO fires back with $10 million lawsuit

Former Interface CEO fires back with $10 million lawsuit


Just one thirty day period immediately after he was fired from Interface, Inc., previous CEO Jay Gould has filed a lawsuit for wrongful termination.

Jay Gould

Gould submitted the civil action on Feb. 14 with the United States District Courtroom for the Northern District of Ga, Atlanta division.

He is suing Interface for $10 million – a sum which he accused Interface of depriving him of “in compensation and has immediately disparaged his status resulting in further financial damages and psychological anguish.”

Gould’s career at Interface embarked in January 2015 when he was named executive vice president and main working officer. He was promoted to CEO in March 2017 and held the article until eventually Jan. 17, when Gould was terminated “after an investigation concluded that he engaged in personal actions that violated corporation plan and main values.”

Three claims afterwards, the company replaced him as president and CEO with Dan Hendrix, chairman of its board of directors, citing the leadership transition “is unrelated to its operational or monetary effectiveness.”

But as claimed before, Interface’s board of administrators voted to terminate Gould’s work for “violations of the company’s doing the job natural environment insurance policies,” according to the company’s filing with the Securities and Exchange Fee.





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