Patrick Industries Welcomes Matthew Filer as New Chief Financial Officer

Transition in Leadership at Patrick Industries

Patrick Industries, Inc. has recently announced a significant leadership shift, prominently appointing Matthew Filer, aged 53, as the new Chief Financial Officer (CFO). This transition is in accordance with the company's executive succession plan, succeeding Andrew Roeder, who has decided to step down from his position after serving in various capacities. Roeder's contribution to the company has been commendable, and he will stay on until the filing of the Form 10-K for the fiscal year ending December 31, 2025.

Matthew Filer brings a wealth of experience to his new role, having previously served as the Senior Vice President of Finance since November 2022. He has also held the interim CFO position from May 2023 to March 2024 and was elected as the Chief Accounting Officer in May 2024. His extensive background in finance and leadership gives him a solid foundation to guide Patrick through upcoming challenges.

Andy Nemeth, the Chief Executive Officer of Patrick, expressed gratitude towards Andrew Roeder for his dedicated service, acknowledging his leadership as pivotal during fluctuating market conditions. Roeder's efforts have left behind a robust team well-prepared to tackle future hurdles. Nemeth stated, "We wish him the best in his future endeavors, and we are confident that Matt's financial expertise and understanding of our markets will greatly benefit us moving forward."

In his remarks, Roeder also conveyed appreciation for his time at Patrick and highlighted Filer's significant role in leading the finance function. Emphasizing his entrepreneurial spirit, he noted that it was the right moment for him to pursue new opportunities that align more closely with his skills and experiences.

About Patrick Industries, Inc.

Established in 1959, Patrick Industries, Inc. operates as a leading component solutions provider for the Recreational Vehicle (RV), Marine, Powersports, and Housing markets. Guided by a customer-centric approach, Patrick empowers manufacturers and outdoor enthusiasts to elevate their recreation experiences each day. The company unites over 85 brands committed to quality, innovation, and exceptional customer service. Headquartered in Elkhart, Indiana, Patrick employs around 10,000 skilled workers across the country.

For more information about Patrick, its diverse brands, and product offerings, visit www.patrickind.com.

Looking Ahead

As new leadership takes the helm, stakeholders remain eager to see how Filer will navigate through the opportunities and challenges that lie ahead in an ever-evolving marketplace. Patrick Industries is poised for continued growth, supported by its strategic adjustments and the capable leadership of its new CFO. The company’s commitment to serving its markets effectively showcases its readiness to embrace the future while delivering on its promises to customers and partners alike.

In light of these changes, Patrick Industries embodies a blend of tradition and innovation, ready to steer toward a successful future with Matthew Filer at the forefront of their financial direction.