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Patrick Industries Executive Compensation (FY25)

PATK · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Andy Nemeth
Latest say-on-pay support
=
May 14, 2026
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12 filings cited on this page
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315 figures on this page: 306 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Andy Nemeth: $6,400,374 → $10,140,372 (58.4% higher)
Say-on-pay support: 96.6% → 97.3% (0.7 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Patrick Industries' chief executive and what were they paid?
Andy Nemeth, Chief Executive Officer, received $10,140,372 in total compensation for fiscal 2025. Nemeth's total moved 58.4% higher from the $6,400,374 reported for fiscal 2024.
What was Patrick Industries' say-on-pay result?
Shareholders supported the say-on-pay proposal with 97.3% of votes cast for or against in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in Patrick Industries' peer group?
Companies named in the disclosed peer group include American Woodmark Corporation, Apogee Enterprises, Inc., Brunswick Corporation, Cavco Industries, Inc. and EnPro Industries, Inc., among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andy Nemeth
Chief Executive Officer
◇—◇—◇◇◇◇
Jeffrey Rodino
President
◇—◇—◇—◇◇
Kip Ellis
Chief Operating Officer and Executive Vice President of Operations
◇—◇—◇—◇◇
Jacob Petkovich
Chief Financial Officer, Executive Vice President of Finance, Treasurer
◇—◇—◇—◇◇
TODD Cleveland
Chairman of the Board
◇———◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andy Nemeth
Chief Executive Officer
◇—◇—◇◇◇◇
Jeffrey Rodino
President
◇—◇—◇—◇◇
Joel Duthie
Executive Vice President, Chief Legal Officer and Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andy Nemeth
Chief Executive Officer
◇—◇—◇◇◇◇
Andrew Roeder
Executive Vice President - Finance, Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Jeffrey Rodino
President
◇—◇—◇—◇◇
Kip Ellis
President, Powersports, Technology, and Housing
◇—◇—◇—◇◇
Hugo Gonzalez
President - Powersports & Housing, Chief Operating Officer
◇—◇—◇—◇◇
Matthew Filer
Executive Vice President of Finance, Treasurer and Former Interim Chief Financial Officer
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andy Nemeth
Chief Executive Officer
◇—◇◇◇◇◇◇
Jeffrey Rodino
President
◇—◇◇◇—◇◇
Hugo Gonzalez
President - Powersports & Housing, Chief Operating Officer
◇—◇◇◇—◇◇
Andrew Roeder
Executive Vice President - Finance, Chief Financial Officer and Treasurer
◇—◇◇◇—◇◇
Joel Duthie
Executive Vice President, Chief Legal Officer and Secretary
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2022
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andy L. NemethPSU◇◇◇◇◇—◇
Jacob R. PetkovichPSU◇◇◇◇◇—◇
Jeffery M. RodinoPSU◇◇◇◇◇—◇
Kip B. EllisPSU◇◇◇◇◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Andy NemethSAR◇—◇02/25/2034
PSU◇◇——
PSU◇◇——
PSU◇◇——
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
RSU◇◇——
RSU◇◇——
RSU◇◇——
Jeffrey RodinoSAR◇—◇02/25/2034
PSU◇◇——
PSU◇◇——
PSU◇◇——
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
RSU◇◇——
RSU◇◇——
RSU◇◇——
Hugo GonzalezSAR◇—◇02/25/2034
PSU◇◇——
PSU◇◇——
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Andrew RoederRSU◇◇——
SAR◇—◇02/25/2034
PSU◇◇——
PSU◇◇——
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
RSU◇◇——
Joel DuthiePSU◇◇——
PSU◇◇——
PSU◇◇——
SAR◇—◇02/25/2034
RSU◇◇——
RSU◇◇——
RSU◇◇——
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
SAR◇—◇02/25/2034
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John A. Forbes
◇◇———◇◇
Michael A. Kitson
◇◇———◇◇
Joseph M. Cerulli
◇◇———◇◇
Denis G. Suggs
◇◇———◇◇
Todd M. Cleveland
◇◇———◇◇
M. Scott Welch
◇◇———◇◇
Natalie A. Brown
◇◇———◇◇
Blake W. Augsburger
◇◇———◇◇
Derrick B. Mayes
◇————◇◇
Pamela R. Klyn
◇————◇◇
Andy L. Nemeth served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • American Woodmark Corporation AMWD
  • Apogee Enterprises, Inc. APOG
  • Brunswick Corporation BC
  • Cavco Industries, Inc. CVCO
  • EnPro Industries, Inc. NPO
  • Hyster-Yale Materials Handling, Inc. HY
  • LCI Industries, Inc. LCII
  • Modine Manufacturing Company MOD
  • Mueller Industries, Inc. MLR
  • Polaris, Inc. PII
  • Thor Industries, Inc. THO
  • UFP Industries, Inc. symbol not shown
  • Wabash National Corporation WNC
  • Winnebago Industries, Inc. WGO

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2023May 16, 2024=◇◇◇
2022May 25, 2023=◇◇◇
2021May 12, 2022=◇◇◇
2020May 13, 2021=◇◇◇
2019May 14, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2015May 18, 2016=◇◇◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Andy Nemeth (Chief Executive Officer), FY2025 total compensation $10,140,372 (base salary $856,923) [exec_comp, SEC accession 0000076605-26-000034, filed 2026-03-30]

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What this page does not include

Everything above is a fact Patrick Industries disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Patrick Industries sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
315 figures on this page: 306 cited to the filing that reported them, 9 calculated from figures it prints.
306 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000076605-26-000052
  2. 0000076605-26-000034
    2025 Non-Employee Director Compensation · Outstanding Equity Awards as of December 31, 202 · Summary Compensation Table
  3. 0000076605-25-000143
  4. 0000076605-25-000113
    Summary Compensation Table
  5. 0000076605-24-000113
  6. 0000076605-23-000093
  7. 0001193125-23-096582
    Grants of Plan-Based Awards During · Summary Compensation Table
  8. 0000076605-22-000084
  9. 0000076605-21-000119
  10. 0000076605-20-000077
  11. 0000076605-19-000088
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001437749-16-032582
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Patrick Industries executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PATK (accessed 2026).
Short form: data: Velarion

The Patrick Industries brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers Patrick Industries discloses

The companies named in PATK's own disclosed peer group.

Terms on this page

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}