Patrick Industries (NASDAQ: PATK) announces leadership transition in key segment

Rhea-AI Filing Summary

Patrick Industries, Inc. reported that Kip B. Ellis has resigned, effective immediately, from his position as President – Powersports and Housing to pursue interests outside the company. The company stated that Mr. Ellis has no disagreement with Patrick on any matter related to its operations, policies, or practices.

Following his resignation, Patrick appointed Hugo E. Gonzalez, who was serving as Executive Vice President – Operations and Chief Operating Officer, to the role of President – Powersports and Housing, effective immediately and in alignment with the company’s succession plan.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

                                                            

FORM 8-K


CURRENT REPORT
Pursuant To Section 13 OR 15(d) Of The Securities Exchange Act Of 1934

Date of report (Date of earliest event reported)			December 12, 2025
PATRICK INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

Indiana

000-03922

35-1057796

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

107 W. Franklin St.

Elkhart,

Indiana

46516

(574)

294-7511

(Address of Principal Executive Offices)

(Zip Code)

Registrant's Telephone Number, including area code

(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol			Name of each exchange on which registered
Common Stock, no par value			PATK			NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).            Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On December 12, 2025, Patrick Industries, Inc. (NASDAQ: PATK) (“Patrick” or the “Company”), a leading component solutions provider for the Outdoor Enthusiast and Housing markets, announced that Kip B. Ellis, President – Powersports and Housing, notified the Company of his decision to resign from the Company as an officer and employee effective immediately to pursue interests outside of the Company. Mr. Ellis does not have any disagreement with the Company on any matter, including any matter relating to the Company’s operations, policies or practices.

With Mr. Ellis’s resignation, the Company has appointed Hugo E. Gonzalez, currently Executive Vice President – Operations and Chief Operation Officer, to serve as the Company’s President - Powersports and Housing effective immediately and in alignment with the Company’s succession plan.

Item 9.01     Financial Statements and Exhibits

(d)    Exhibits     

Exhibit 104 - Cover Page Interactive Date File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

PATRICK INDUSTRIES, INC.

(Registrant)

Date: December 15, 2025			By:			/s/ Andy L. Nemeth
						Andy L. Nemeth
						Chief Executive Officer

FAQ

What executive change did Patrick Industries (PATK) disclose in this filing?

Patrick Industries disclosed that Kip B. Ellis resigned, effective immediately, from his role as President – Powersports and Housing, and that Hugo E. Gonzalez has been appointed to that position.

Why did Kip B. Ellis resign from Patrick Industries (PATK)?

The company stated that Kip B. Ellis resigned as an officer and employee of Patrick Industries to pursue interests outside of the Company.

Did Kip B. Ellis have any disagreement with Patrick Industries?

Patrick Industries reported that Mr. Ellis does not have any disagreement with the Company on any matter, including its operations, policies, or practices.

Who is replacing Kip B. Ellis at Patrick Industries and what was his prior role?

Hugo E. Gonzalez, previously the company’s Executive Vice President – Operations and Chief Operating Officer, has been appointed as President – Powersports and Housing.

When are the leadership changes at Patrick Industries effective?

Both the resignation of Kip B. Ellis and the appointment of Hugo E. Gonzalez as President – Powersports and Housing are effective immediately as of December 12, 2025.

How does Patrick Industries describe its business in this disclosure?

Patrick Industries describes itself as a leading component solutions provider for the Outdoor Enthusiast and Housing markets.