leadership
confidence high
sentiment neutral
materiality 0.55
Patrick Industries appoints Jake Petkovich as President-Marine; Rick Reyenger to advisory role
PATRICK INDUSTRIES INC
- Jake Petkovich rejoins Patrick as President-Marine, effective May 19, 2025, succeeding Rick Reyenger.
- Petkovich previously served as Patrick's CFO from 2020-2023 and most recently as CFO of Indicor, LLP.
- Rick Reyenger transitions to a strategic advisory role to support continuity in Marine businesses.
- Petkovich receives $500K base salary, $900K STI target, 10,257 RSUs, and 42,180 options with varying vesting.
item 5.02item 9.01