ELKHART, Ind. – Elkhart-based Patrick Industries Inc. (Nasdaq: PATK) has announced President Andy Nemeth will become chief executive officer, as he was named successor to current CEO Todd Cleveland.
The company says Nemeth will continue in his role as president and a director of the company. Cleveland will become Executive Chairman and will remain at Chairman of the Board of Directors.
The move is effective January 1.
Nemeth joined the company in 1996 and has held multiple executive roles., including Vice President of Finance and Chief Financial Officer.
"The company has continued to evolve in its depth, breadth, and complexity as it has grown in alignment with our strategic plan, and Andy has provided exceptional strategic, organizational, operational, and financial leadership during this time and throughout his 23-year tenure with Patrick," said Cleveland.
Patrick Industries is a multi-faceted manufacturer and supplier for the recreational vehicle, marine and manufactured housing industries.