Patrick Industries Management
Management criteria checks 3/4
Patrick Industries' CEO is Andy Nemeth, appointed in Jan 2020, has a tenure of 5.92 years. total yearly compensation is $6.40M, comprised of 13.3% salary and 86.7% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth €32.00M. The average tenure of the management team and the board of directors is 3.6 years and 12.8 years respectively.
Key information
Andy Nemeth
Chief executive officer
US$6.4m
Total compensation
| CEO salary percentage | 13.28% |
| CEO tenure | 5.9yrs |
| CEO ownership | 1.0% |
| Management average tenure | 3.6yrs |
| Board average tenure | 12.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 28 2025 | n/a | n/a | US$121m |
| Jun 29 2025 | n/a | n/a | US$126m |
| Mar 30 2025 | n/a | n/a | US$142m |
| Dec 31 2024 | US$6m | US$850k | US$138m |
| Sep 29 2024 | n/a | n/a | US$155m |
| Jun 30 2024 | n/a | n/a | US$153m |
| Mar 31 2024 | n/a | n/a | US$148m |
| Dec 31 2023 | US$7m | US$817k | US$143m |
| Oct 01 2023 | n/a | n/a | US$152m |
| Jul 02 2023 | n/a | n/a | US$172m |
| Apr 02 2023 | n/a | n/a | US$246m |
| Dec 31 2022 | US$8m | US$833k | US$328m |
| Sep 25 2022 | n/a | n/a | US$349m |
| Jun 26 2022 | n/a | n/a | US$348m |
| Mar 27 2022 | n/a | n/a | US$290m |
| Dec 31 2021 | US$8m | US$743k | US$225m |
| Sep 26 2021 | n/a | n/a | US$202m |
| Jun 27 2021 | n/a | n/a | US$182m |
| Mar 28 2021 | n/a | n/a | US$123m |
| Dec 31 2020 | US$7m | US$589k | US$97m |
| Sep 27 2020 | n/a | n/a | US$79m |
| Jun 28 2020 | n/a | n/a | US$63m |
| Mar 29 2020 | n/a | n/a | US$90m |
| Dec 31 2019 | US$4m | US$494k | US$90m |
| Sep 29 2019 | n/a | n/a | US$97m |
| Jun 30 2019 | n/a | n/a | US$103m |
| Mar 31 2019 | n/a | n/a | US$111m |
| Dec 31 2018 | US$3m | US$473k | US$120m |
Compensation vs Market: Andy's total compensation ($USD6.40M) is above average for companies of similar size in the German market ($USD2.15M).
Compensation vs Earnings: Andy's compensation has been consistent with company performance over the past year.
CEO
Andy Nemeth (56 yo)
Mr. Andy L. Nemeth is Independent Director of Standex International Corporation from May 2, 2025. Mr. Nemeth has been the Chief Executive Officer of Patrick Industries Inc. since January 1, 2020 and also s...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 5.9yrs | US$6.40m | 0.98% € 32.0m | |
| President | 4.4yrs | US$3.19m | 0.62% € 20.2m | |
| CFO, Executive VP of Finance & Treasurer | 1.8yrs | US$3.47m | 0.11% € 3.5m | |
| Executive Vice President of Operations & COO | 1.9yrs | US$2.35m | 0.13% € 4.1m | |
| Senior VP of Finance | 1.8yrs | US$1.30m | 0.044% € 1.5m | |
| President of Powersports and Housing | 1.9yrs | US$3.03m | 0.37% € 12.2m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP | 5.1yrs | US$1.65m | 0.12% € 3.8m | |
| Executive VP of Human Resources & Chief Human Resources Officer | 3.6yrs | no data | no data | |
| Executive Vice President of Aftermarket | 4.4yrs | US$273.81k | no data | |
| President of Marine | less than a year | US$2.04m | 0.11% € 3.7m | |
| Executive Vice President of Leadership & Culture | 4.3yrs | no data | no data |
Experienced Management: PK2's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 19.9yrs | US$6.40m | 0.98% € 32.0m | |
| Independent Director | 10.7yrs | US$245.66k | 0.51% € 16.7m | |
| Director | less than a year | no data | 0.0052% € 168.8k | |
| Independent Director | 6.8yrs | US$248.16k | 0.056% € 1.8m | |
| Director | 17.9yrs | US$388.16k | 0.55% € 18.1m | |
| Independent Director | 17.4yrs | US$245.66k | 0.22% € 7.2m | |
| Lead Independent Director | 14.3yrs | US$245.66k | 0.16% € 5.1m | |
| Independent Director | 12.8yrs | US$253.16k | 0.036% € 1.2m | |
| Director | less than a year | no data | 0.0052% € 168.8k |
Experienced Board: PK2's board of directors are seasoned and experienced ( 12.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/15 21:53 |
| End of Day Share Price | 2025/12/12 00:00 |
| Earnings | 2025/09/28 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Patrick Industries, Inc. is covered by 15 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Michael Albanese | Benchmark Company |
| Tristan Thomas-Martin | BMO Capital Markets Equity Research |