The estimated Net Worth of M Scott Welch is at least $4.41 millió dollars as of 1 March 2024. Mr. Welch owns over 121 units of Patrick Industries stock worth over $988,929 and over the last 21 years he sold PATK stock worth over $3,247,818. In addition, he makes $178,016 as Lead Independent Director at Patrick Industries.
M has made over 77 trades of the Patrick Industries stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 121 units of PATK stock worth $14,405 on 1 March 2024.
The largest trade he's ever made was buying 25,000 units of Patrick Industries stock on 6 February 2018 worth over $1,141,000. On average, M trades about 1,551 units every 30 days since 2003. As of 1 March 2024 he still owns at least 7,681 units of Patrick Industries stock.
You can see the complete history of Mr. Welch stock trades at the bottom of the page.
M. Scott Welch serves as Lead Independent Director of the Company. He has been the President and Chief Executive Officer of Welch Packaging Group, a large independently owned corrugated packaging company, since 1985. Prior to establishing Welch Packaging, he worked at Northern Box, Performance Packaging, and Elkhart Container. Mr. Welch has served as a director of Lakeland Financial Corporation (“Lakeland”) from 1998 to present, and has been the lead independent director and a member of Lakeland’s compensation committee since 2012. He has also served as a trustee of DePauw University since 2005. Mr. Welch has over 37 years of experience in the packaging industry, and has extensive experience in sales, marketing and strategy. Mr. Welch currently serves as a member of the Company’s Compensation Committee, Corporate Governance and Nominations Committee and Audit Committee. He has served as a director of the Company since 2015 and as the lead independent director since 2018.
As the Lead Independent Director of Patrick Industries, the total compensation of M Welch at Patrick Industries is $178,016. There are 11 executives at Patrick Industries getting paid more, with Todd Cleveland having the highest compensation of $6,585,370.
M Welch is 60, he's been the Lead Independent Director of Patrick Industries since 2018. There are 1 older and 16 younger executives at Patrick Industries. The oldest executive at Patrick Industries, Inc. is Michael Kitson, 61, who is the Independent Director.
M's mailing address filed with the SEC is 6 LONGWOOD COURT, , ELKHART, IN, 46516.
Over the last 21 years, insiders at Patrick Industries have traded over $296,949,371 worth of Patrick Industries stock and bought 159,284 units worth $5,442,391 . The most active insiders traders include Jeffrey L Et Al Gendell, Todd M Cleveland és Jeffrey L Et Altontine Capi.... On average, Patrick Industries executives and independent directors trade stock every 12 days with the average trade being worth of $2,556,718. The most recent stock trade was executed by Hugo E Gonzalez on 29 August 2024, trading 1,911 units of PATK stock currently worth $248,640.
patrick industries was founded in 1959 and is the leading manufacturer of building products and materials to the manufactured housing and recreational vehicle industries in the united states. the company also supplies many of its products to the industrial market that include customers in the kitchen cabinet, office and household furniture, fixtures and commercial furnishings, marine, architectural and the automotive aftermarket. in addition, patrick industries is an independent wholesale distributor for the manufactured housing and recreational vehicle industries supplying pre-finished wall and ceiling panels, drywall and drywall finishing products, electronics, cabinet doors and cabinet components, cement siding, interior passage doors, furniture, roofing products, lighting, flooring, electrical, wiring, plumbing and other related products.
Patrick Industries executives and other stock owners filed with the SEC include: