Quick Hits: November 25, 2020


Patrick Industries have named Jake Petkovich executive vice president of finance, CFO and treasurer. Petkovich joins Patrick after 16 years with Wells Fargo Securities — formerly Wachovia Securities — and serving as an infantry officer in the U.S. Army where he assigned to both domestic and overseas deployments. “We are very excited to welcome Jake on board to lead the Company's finance function, as well as manage relationships with our financial institutions, shareholders, analysts and other key stakeholders," said Patrick president and CEO Andy Nemeth in a statement. "Jake brings a wealth of financial, strategic and M&A experience, and I am confident he will provide the leadership necessary to continue to help us drive and execute on our strategic growth plan and create and promote shareholder value." Petkovich added: "I am both excited and humbled to be joining the Patrick family and look forward to working with the entire team to further enhance the Company's financial and operational performance, play a key role in driving the execution of Patrick's strategic growth initiatives, and maximize growth and potential for all of our stakeholders."

CMC Marine USA — the stateside arm of the Italy-based manufacturer of fin stabilizers, steering systems and thrusters — have joined the National Marine Manufacturers Association. “The overseas market has always played a major role in the boating industry inasmuch as it is able to drive the entire sector at global level,” the company said in a statement, recognizing that 25 percent of vessels equipped with its systems spend a significant time between the U.S. mainland and Caribbean. The company had also recently announced a banner 2020, with 43 contracts signed for its Waveless ultracompact stabilizer systems on vessels being built all over the world, including models from Arcadia, Azimut, Holterman, Mangusta and Numarine. 

Dometic Marine has hired Janine Waite as its new vice president of Human Resources. Waite joins the company with 23 years of HR and labor relations experience in the fields of international retail, gaming and most recently, industrial manufacturing — she was senior director of HR at Tree Island Steel. She will report to Dometic Marine president Eric Fetchko as the latest member of his senior staff. “Janine has dedicated her career to enriching the lives of employees. Her proven track record will help us recruit and retain top talent to align with our strategic growth plans. We are thrilled to have her on our team in this critical role,” said Fetchko in a statement

Stingray Boats has maintained an incident-free workplace at its Hartsville, S.C. facility
for two consecutive years — earning a safety milestone for the company and a bonus for employees. “This is an incredible achievement for our employees here at our headquarters,” said Stingray Boats president Barry Avent in a statement. “We pride ourselves on having one of the safest work environments in the industry, and this milestone speaks to the efforts we all take to ensure our employees are properly trained, supervised, and encouraged to take care of themselves and each other.”


Changing Currents

E-mobility efforts remain centered outside of the U.S.

Q&A with Martin Bjuve

Volvo Penta of the Americas president and lifelong boater Martin Bjuve.

The Evolving Retail Culture

Finding new ways to connect with boaters.

Focusing on Education

A seasonal break means staff training becomes paramount.

Demand is Not Letting Up

Demand is not letting up, as 2020 tops 300K boat sales.

Phases and Stages

Anticipating the changes that lie ahead in 2021

Competition for Florida Yards?

Big plans for a Dominican hurricane hole.

Persuaded, a Communications Strategy

Assess, message, document and deliver FTW.