Patrick Industries, Inc. (NASDAQ: PATK) has announced the return of Jake Petkovich as President – Marine, effective May 19, 2025. He will be succeeding Rick Reyenger, who will be transitioning to a strategic advisory role within the company. Jake Petkovich previously served as the Executive Vice President * Finance, Chief Financial Officer, and Treasurer of Patrick from 2020 to 2023, and most recently held the position of Chief Financial Officer of Indicor, LLP.
During his previous tenure at Patrick, Petkovich was instrumental in driving the company's financial strategy, guiding capital allocation, and developing a significant number of the company's marine acquisitions. His return is expected to bring a deep understanding of the organization, strategic, and operational expertise to lead the next phase of growth and innovation for Patrick's marine businesses.
The press release also highlighted the contribution of Rick Reyenger in shaping the marine business strategy, leveraging his extensive industry experience, business acuity, and strong customer relationships. Since joining Patrick through the 2018 acquisition of Marine Accessories Corporation, Reyenger has helped lead the successful integration and growth of several marine businesses, establishing a solid foundation of innovation, performance, and service within the marine platform.
Patrick Industries, Inc. is a leading component solutions provider for the RV, marine, powersports, and housing markets. The company, which was founded in 1959, is home to more than 85 leading brands and employs approximately 10,000 skilled team members throughout the United States. The market has reacted to these announcements by moving the company's shares -0.2% to a price of $86.10. Check out the company's full 8-K submission here.
