Joshua Boone, chief financial officer for Elkhart, Ind.-based Patrick Industries has resigned, the company announced.
The manufacturer and distributor of component and building products for the RV industry, among others, said Boone was leaving to accept a senior leadership position with another publicly traded company.
Boone had been CFO of Patrick since January 2016, and he will be working with the company through the second quarter to ensure a smooth transition.
“I want to thank Josh for his many contributions to the Patrick organization and for his partnership in building a solid financial foundation for the company and a strong and talented finance and accounting team,” said Andy Nemeth, president and CEO. “I am proud of what we have accomplished together and have enjoyed working with Josh and watching him grow personally and professionally. I look forward to seeing him utilize the tools and skillset he has developed to continue to succeed far into the future.”
Patrick has appointed John Forbes to serve as interim CFO. Forbes has been a member of the company’s board of directors since 2011 and has extensive senior leadership experience, the company says. Forbes was president of Utilimaster, a business unit of Spartan Motors USA, from 2010 to 2017; the CFO of that company from 2009 to 2010; and CFO of Nautic Global Group LLC from 2007 to 2009. In addition, Forbes served as CFO of Adorn Holdings Inc. from 2003 until its acquisition by Patrick in 2007.
The company says it has retained a search firm to fill the permanent CFO position, looking at external and internal candidates. Boone, who will stay with the company through the second quarter to ensure a smooth transition, said he has enjoyed his time with the company.
“I am extremely grateful for the opportunities that I’ve had at Patrick, the privilege to work with a talented team, and be a part of its sustained track record of success,” he said. “I am looking forward to the next phase of my career and expect to maintain the many personal and professional relationships I’ve developed during my tenure at Patrick. The team is in great shape and ready for the next stage of the company’s evolution.”