Patrick Industries Elects New Directors, Sees Director Departure
Ticker: PATK · Form: 8-K · Filed: Mar 3, 2025 · CIK: 76605
| Field | Detail |
|---|---|
| Company | Patrick Industries Inc (PATK) |
| Form Type | 8-K |
| Filed Date | Mar 3, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, director-election, director-departure
TL;DR
Patrick Industries board shake-up: St John out, Johnson & Miller in.
AI Summary
On February 25, 2025, Patrick Industries, Inc. reported the departure of director Michael J. St John. The company also announced the election of two new directors, Todd M. Johnson and Jeffrey L. Miller, to its board. These changes are effective immediately.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing concerns routine board changes and does not indicate any significant financial distress or operational issues.
Key Players & Entities
- Patrick Industries, Inc. (company) — Registrant
- Michael J. St John (person) — Departing Director
- Todd M. Johnson (person) — Newly Elected Director
- Jeffrey L. Miller (person) — Newly Elected Director
- February 25, 2025 (date) — Effective date of changes
FAQ
Who has departed from the board of directors at Patrick Industries, Inc.?
Michael J. St John has departed from the board of directors.
Who are the newly elected directors at Patrick Industries, Inc.?
Todd M. Johnson and Jeffrey L. Miller have been elected as new directors.
When were these board changes effective?
The changes were effective as of February 25, 2025.
What is the principal executive office address for Patrick Industries, Inc.?
The principal executive office is located at 107 W. Franklin Street, Elkhart, Indiana 46516.
What is the SIC code for Patrick Industries, Inc.?
The Standard Industrial Classification (SIC) code is 3714, for Motor Vehicle Parts & Accessories.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 3, 2025 by Michael J. St John regarding PATRICK INDUSTRIES INC (PATK).