Jake Petkovich has rejoined Patrick Industries as president – Marine, succeeding Rick Reyenger, who will remain with the company and move to a strategic advisory role.
Jake previously served as executive vice president – Finance, chief financial officer and treasurer of Patrick from 2020 to 2023.
During his tenure, he was instrumental in driving the company’s financial strategy, guiding capital allocation, including developing a significant number of the company’s marine acquisitions, and enhancing operational efficiency.
He rejoins Patrick having recently served as chief financial officer of global industrial solutions company Indicor, from 2023 to the present.
We are thrilled to welcome Jake back to the Patrick family.
Andy Nemeth
“We are thrilled to welcome Jake back to the Patrick family,” said Andy Nemeth, CEO.
“Jake is an experienced, driven outdoor enthusiast and leader who knows our Marine businesses well and brings passion, energy, and proven strategic and financial acumen to this role.
I am confident that under his leadership, our businesses will continue to grow, innovate and perform, providing exceptional service and solutions to our customers while improving our efficiency as we focus on delivering value to our shareholders through our strategic diversification.”
Business strategy
Andy added: “I also want to express my sincere gratitude and appreciation to Rick for his friendship, tireless contributions, and years of dedicated and passionate service to Patrick.”
“Rick has played a vital role in helping shape our Marine business strategy, leveraging his extensive industry experience, business acuity, and strong customer relationships.
“Since joining Patrick through our 2018 acquisition of Marine Accessories Corporation, he has helped lead the successful integration and growth of several marine businesses, establishing a solid foundation of innovation, performance, and service within our Marine platform.
“We are excited that Rick is staying on in his new advisory role, where he will continue to offer valuable guidance, mentorship, and support to Jake and the team in our BETTER Together culture.”