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PATRICK INDUSTRIES INC — fact timeline

Source-grounded facts extracted from PATRICK INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PATK PATRICK INDUSTRIES INC JSON
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved To approve, in an advisory and non-binding vote, the compensation of the Company’s named executive officers for fiscal year 2025 at the 2026-05-14 meeting.

“Proposal 3 - To approve, in an advisory and non-binding vote, the compensation of the Company’s named executive officers for fiscal year 2025. For Against Abstain Broker Non-Votes 29,250,416 798,094 39,692 1,386,748”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026 at the 2026-05-14 meeting.

“Proposal 2 - Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026. There were no broker non-votes. For Against Abstain 31,399,269 30,410 45,271”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Election of nine directors to the Board of Directors to serve until the 2027 Annual Meeting at the 2026-05-14 meeting.

“Proposal 1 - Election of nine directors to the Board of Directors to serve until the 2027 Annual Meeting. Directors For Withheld Broker Non-Votes Blake W. Augsburger 29,298,500 789,702 1,386,748 Natalie A. Brown 28,372,016 1,716,186 1,386,748 Joseph M. Cerulli 25,139,140 4,949,062 1,386,748 Todd M. Cleveland 29,039,021 1,049,181 1,386,748 John A. Forbes 27,853,351 2,234,851 1,386,748 Michael A. Kitson 28,963,693 1,124,509 1,386,748 Andy L. Nemeth 29,785,946 302,256 1,386,748 Denis G. Suggs 28,144,553 1,943,649 1,386,748 M. Scott Welch 28,099,897 1,988,305 1,386,748”
Earnings Releases

PATRICK INDUSTRIES INC reported the first quarter ended March 29, 2026 results: revenue $997 million, net income $39 million, EPS $1.10 per diluted share.

“reported financial results for the first quarter ended March 29, 2026. First Quarter 2026 Highlights (compared to First Quarter 2025 unless otherwise noted) • Net sales were $997 million compared to $1,003 million. Marine revenue growth of 14% and Powersports revenue growth of 28% were offset by lower revenue in the Company's RV and Housing markets, primarily”

Rick Reyenger changed role as strategic advisory role at PATRICK INDUSTRIES INC.

“Mr. Reyenger will remain with the Company and move to a strategic advisory role to support continuity and ensure a smooth and seamless transition across the Company’s Marine businesses.”

Jake Petkovich was appointed as President – Marine at PATRICK INDUSTRIES INC.

“Jake Petkovich will rejoin Patrick as President – Marine, succeeding Rick Reyenger, effective May 19, 2025.”

Matthew S. Filer was elected as Chief Accounting Officer at PATRICK INDUSTRIES INC.

“Matthew S. Filer was elected as Chief Accounting Officer on May 16, 2024.”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved To approve, in an advisory and non-binding vote, the compensation of the Company’s named executive officers for fiscal year 2023. at the 2024-05-16 meeting.

“Proposal 3 - To approve, in an advisory and non-binding vote, the compensation of the Company’s named executive officers for fiscal year 2023. For Against Abstain Broker Non-Votes 18,846,809 1,045,743 29,637 996,037”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2024. at the 2024-05-16 meeting.

“Proposal 2 - Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2024. There were no broker non-votes. For Against Abstain 20,688,537 142,488 87,201”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Election of nine directors to the Board of Directors to serve until the 2025 Annual Meeting. at the 2024-05-16 meeting.

“Proposal 1 - Election of nine directors to the Board of Directors to serve until the 2025 Annual Meeting. Directors For Withheld Broker Non-Votes Joseph M. Cerulli 16,329,855 3,592,334 996,037 Todd M. Cleveland 19,199,910 722,279 996,037 John A. Forbes 18,362,981 1,559,208 996,037 Michael A. Kitson 18,376,171 1,546,018 996,037 Pamela R. Klyn 18,597,538 1,324,651 996,037 Derrick B. Mayes 18,555,346 1,366,843 996,037 Andy L. Nemeth 19,680,635 241,554 996,037 Denis G. Suggs 18,503,036 1,419,153 996,037 M. Scott Welch 18,549,886 1,372,303 996,037”

M. Scott Welch changed role as lead independent director at PATRICK INDUSTRIES INC.

“In addition, the Board appointed John A. Forbes, a director of the Board since August 2011, as the Company’s lead independent director, a position previously held by M. Scott Welch who will continue to serve as a director of the Board.”

John A. Forbes was appointed as lead independent director at PATRICK INDUSTRIES INC.

“In addition, the Board appointed John A. Forbes, a director of the Board since August 2011, as the Company’s lead independent director, a position previously held by M. Scott Welch who will continue to serve as a director of the Board.”

Todd M. Cleveland changed role as Chairman of the Board at PATRICK INDUSTRIES INC.

“Todd M. Cleveland had previously served as the Company’s Chairman of the Board since May 2018 and will continue to serve as a director.”

Andy L. Nemeth was appointed as Chairman at PATRICK INDUSTRIES INC.

“On May 16, 2024, following the Annual Meeting of Shareholders of Patrick Industries, Inc. (the “Company”), the Board of Directors (the “Board”) appointed Andy L. Nemeth, the Company’s Chief Executive Officer and a director of the Board, to the role of Chairman.”
Earnings Releases

PATRICK INDUSTRIES INC reported first quarter ended March 31, 2024 results: revenue $933 million, net income $35 million, EPS $1.59.

“today reported financial results for the first quarter ended March 31, 2024. Net sales increased 4% to $933 million”

Andrew C. Roeder was appointed as Executive Vice President-Finance, Chief Financial Officer and Treasurer at PATRICK INDUSTRIES INC.

“On March 5, 2024, Patrick Industries, Inc. (the “Company”) announced the appointment of Andrew C. Roeder as Executive Vice President-Finance, Chief Financial Officer and Treasurer of the Company effective March 5, 2024.”
Earnings Releases

PATRICK INDUSTRIES INC reported financial results for the year ended December 31, 2023.

“On February 8, 2024, the Company issued a press release announcing operating results for the fourth quarter ended December 31, 2023.”
Earnings Releases

PATRICK INDUSTRIES INC reported financial results for the fourth quarter ended December 31, 2023.

“On February 8, 2024, the Company issued a press release announcing operating results for the fourth quarter ended December 31, 2023.”
Earnings Releases

PATRICK INDUSTRIES INC reported the full year ended December 31, 2023 results: revenue $3.5 billion, EPS $6.50.

“Net sales of $3.5 billion decreased 29% from a record $4.9 billion in 2022, reflecting the impact of a 37% decline in RV wholesale unit shipments during the year”
Earnings Releases

PATRICK INDUSTRIES INC reported the fourth quarter ended December 31, 2023 results: revenue $781 million, net income $31 million, EPS $1.41.

“Fourth quarter net sales decreased 18%, to $781 million from $952 million in the fourth quarter of 2022.”

Charlie Roeder was appointed as Executive Vice President of Sales at PATRICK INDUSTRIES INC.

“The Board of Directors has also approved the appointment of Charlie Roeder as Executive Vice President of Sales.”

Hugo Gonzalez was appointed as Executive Vice President of Operations and Chief Operating Officer at PATRICK INDUSTRIES INC.

“The Board of Directors has approved the appointment of Hugo Gonzalez as Executive Vice President of Operations and Chief Operating Officer.”

Jeff Rodino was named as President – RV at PATRICK INDUSTRIES INC.

“Jeff Rodino has been named President – RV with responsibility in general for the oversight, leadership, strategic planning, and accounting for our RV end market businesses.”

Kip Ellis was named as President – Powersports and Housing at PATRICK INDUSTRIES INC.

“Patrick Industries, Inc. (the “Company”) announced that Kip Ellis, Executive Vice President of Operations and Chief Operating Officer was named President - Powersports and Housing with responsibility in general for the oversight, leadership, strategic planning, and accounting for our Powersports and Housing end market businesses.”
Material Agreements

PATRICK INDUSTRIES INC entered into a asset purchase with Off Road Holdings, LLC valued at approximately $315 million (effective 2024-01-10).

“On January 10, 2024, Patrick Industries, Inc. (the "Company") signed a definitive agreement to acquire all outstanding stock of Off Road Holdings, LLC ("Sportech") for approximately $315 million.”
Earnings Releases

PATRICK INDUSTRIES INC reported third quarter ended October 1, 2023 results: revenue $866 million, net income $40 million, EPS $1.81.

“Net sales were $866 million, a decrease of $246 million, or 22% from $1.11 billion in the third quarter of 2022. The decline in sales was primarily driven by a decrease in unit shipments across our end markets and lower pricing passed on to our customers to reflect changes in certain commodity costs, partially offset by market share gains. Operating income of $71 million in the third quarter of 2023 decreased $22 million from $93 million in the third quarter of 2022. Operating margin of 8.2% decreased 10 basis points compared to 8.3% in the same period a year ago, primarily due to the impact of lower net sales, absorption on certain fixed distribution expenses, and an increase in non-cash amortization due to acquisitions. Net income decreased 33% to $40 million from $59 million in the third quarter of 2022. Diluted earnings per share of $1.81 decreased 26% compared to $2.43 for the third quarter of 2022.”
Earnings Releases

PATRICK INDUSTRIES INC reported the second quarter ended July 2, 2023 results: revenue $921 million, net income $42 million, EPS $1.94.

“Patrick Industries, Inc. Reports Second Quarter 2023 Financial Results Second Quarter 2023 Highlights (compared to Second Quarter 2022 unless otherwise noted) • Net sales of $921 million decreased 38%, primarily due to a 44% reduction in RV industry wholesale unit shipments • Gross profit of $210 million decreased 36%, gross margin increased 60 basis points to”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved To approve, in an advisory and non-binding vote, the compensation of the Company's named executive officers for fiscal year 2022 at the 2023-05-25 meeting.

“Proposal 3 - To approve, in an advisory and non-binding vote, the compensation of the Company's named executive officers for fiscal year 2022. For Against Abstain Broker Non-Votes 18,773,782 890,402 54,590 1,095,800”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2023 at the 2023-05-25 meeting.

“Proposal 2 - Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2023. There were no broker non-votes. For Against Abstain 20,731,664 25,190 57,720”
Shareholder Votes

PATRICK INDUSTRIES INC shareholders approved Election of nine directors to the Board of Directors to serve until the 2024 Annual Meeting at the 2023-05-25 meeting.

“Proposal 1 - Election of nine directors to the Board of Directors to serve until the 2024 Annual Meeting. Directors For Withheld Broker Non-Votes Joseph M. Cerulli 16,259,232 3,459,542 1,095,800 Todd M. Cleveland 19,322,932 395,842 1,095,800 John A. Forbes 18,370,381 1,348,393 1,095,800 Michael A. Kitson 18,539,588 1,179,186 1,095,800 Pamela R. Klyn 18,681,757 1,037,017 1,095,800 Derrick B. Mayes 18,562,699 1,156,075 1,095,800 Andy L. Nemeth 19,577,156 141,618 1,095,800 Denis G. Suggs 18,551,482 1,167,292 1,095,800 M. Scott Welch 18,540,476 1,178,298 1,095,800”
Earnings Releases

PATRICK INDUSTRIES INC reported first quarter ended April 2, 2023 results: revenue $900 million, net income $30 million, EPS $1.35.

“First Quarter 2023 Highlights (compared to First Quarter 2022 unless otherwise noted) • Net sales of $900 million decreased 33%, as 25% growth in our marine end-market sales partially offset the impact of a 54% reduction in RV industry wholesale shipments on our RV sales • Gross profit of $194 million decreased 34%, gross margin decreased 40 basis points to 21.6% • Operating income of $56 million decreased 65%, operating margin decreased 590 basis points to 6.2% • Net income of $30 million decreased 73% • Diluted earnings per share of $1.35 decreased 70% • Adjusted EBITDA of $97 million decreased 49%, adjusted EBITDA margin decreased 350 basis points to 10.8% • Cash used in operations of $1 million improved compared to cash used in operations of $23 million • On a trailing twelve-month basis, free cash flow through the first quarter of 2023 was $352 million, an increase of 222% compared to $110 million through the first quarter of 2022 • Returned $15 million to shareholders in the quar”

Matthew Filer was appointed as Interim Chief Financial Officer at PATRICK INDUSTRIES INC.

“The Board of Directors has approved the appointment of Matthew Filer as Interim Chief Financial Officer, which will become effective May 15, 2023 upon Mr. Petkovich’s departure on May 14, 2023.”

Jake Petkovich departed as Executive Vice President of Finance, Chief Financial Officer and Treasurer at PATRICK INDUSTRIES INC.

“Jake Petkovich, Executive Vice President of Finance, Chief Financial Officer and Treasurer, notified the Company on April 12, 2023 that he will step down in May to accept a senior leadership position with another company.”
Earnings Releases

PATRICK INDUSTRIES INC reported the full year ended December 31, 2022 results: revenue $4.9 billion, net income $328 million, EPS $13.49.

“million • Release of inaugural Responsibility & Sustainability Report in December Full Year 2022 Highlights (compared to Full Year 2021 unless otherwise noted) • Net sales of $4.9 billion increased 20% • Gross margin of 21.7% increased 210 basis points • Operating income of $496 million increased 41% • Operating margin of 10.2% increased 160 basis points • Net”
Earnings Releases

PATRICK INDUSTRIES INC reported the fourth quarter ended December 31, 2022 results: revenue $952 million, net income $40 million, EPS $1.68.

“FULL YEAR 2022 FINANCIAL RESULTS AND ANNOUNCES QUARTERLY CASH DIVIDEND Fourth Quarter 2022 Highlights (compared to Fourth Quarter 2021 unless otherwise noted) • Net sales of $952 million decreased 17%, with increased marine and manufactured housing revenue partially offsetting a 47% wholesale unit shipment decline in the RV end market • Gross margin of 21.1%”

Todd Cleveland was appointed as Chairman of the Board at PATRICK INDUSTRIES INC.

“Effective as of January 1, 2023, Todd Cleveland was appointed as Chairman of the Board of Patrick Industries, Inc. (the “Company”).”

Jacob Petkovich changed role as Chief Financial Officer at PATRICK INDUSTRIES INC.

“Effective August 25, 2022, the Company's Chief Financial Officer, Jacob Petkovich, assumed the role of Principal Accounting Officer.”

James Rose resigned as Principal Accounting Officer at PATRICK INDUSTRIES INC.

“On August 24, 2022, James Rose resigned as the Principal Accounting Officer of Patrick Industries, Inc. (the “Company”).”

Jeffrey M. Rodino was appointed as President at PATRICK INDUSTRIES INC.

“On July 13, 2021, Patrick Industries, Inc. (the “Company”) announced that Jeffrey M. Rodino has been appointed as President of the Company.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.