Patrick Industries said that Jake Petkovich, executive vice president of finance, chief financial officer and treasurer, will step down in May to accept a senior leadership position with another company.
Petkovich, who has served as CFO of Patrick since November 2020, will remain in his current position until next month and provide support to ensure an orderly transition.
“The board of directors and I want to thank Jake for his tremendous contributions to the Patrick family,” said CEO Andy Nemeth. “His dedication, leadership and financial acumen made a significant and lasting impact on the entire organization. During his time at Patrick, Jake was instrumental in further strengthening our finance and accounting infrastructure, driving efficiencies through process improvement, supporting our capital allocation strategy, and developing and leading a strong and talented team aligned with our overall strategic growth plan.”
Added Petkovich, “I am grateful for the opportunities that I’ve had at Patrick over the past several years. It was a privilege to work with such a talented team, and to be a part of this organization’s ongoing growth and evolution in the markets it serves. As I look forward to the next chapter of my career, I believe that Patrick is well-positioned to execute on its business strategies.”
In alignment with the company’s executive succession plan, the board of directors has approved the appointment of Matthew Filer as interim chief financial officer, effective upon Petkovich’s departure in May. Filer joined the company in November 2022 as senior vice president of finance. Prior to joining Patrick, Filer built a 25-plus year career across multiple industries – domestic and global – including rail, mining, defense and industrial.