Edition:
United States

Installed Building Products Inc (IBP.N)

IBP.N on New York Stock Exchange

33.33USD
17 Oct 2018
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Summary

Name Age Since Current Position

Jeffrey Edwards

54 2011 Chairman of the Board, President, Chief Executive Officer

Michael Miller

53 2017 Chief Financial Officer, Executive Vice President, Director

W. Jeffrey Hire

66 2013 President - External Affairs

Jay Elliott

56 2013 Chief Operating Officer

Jason Niswonger

45 2015 Senior Vice President - Finance and Investor Relations

Todd Fry

52 2015 Chief Accounting Officer, Treasurer

Vikas Verma

65 2017 Director

J. Michael Nixon

73 2012 Non-Executive Director

Margot Carter

50 2015 Presiding Independent Director

Lawrence Hilsheimer

60 2014 Independent Director

Janet Jackson

65 2014 Independent Director

Robert Schottenstein

65 2014 Independent Director

Michael Thomas

68 2014 Independent Director

Biographies

Name Description

Jeffrey Edwards

Mr. Jeffrey W. Edwards is the Chairman of the Board, President, Chief Executive Officer of Installed Building Products Inc. Mr. Edwards is our President, Chief Executive Officer and Chairman and has held these positions since 2011, 2004 and 1999, respectively. Mr. Edwards’ position allows him to advise the Board on management’s perspective over a full range of issues affecting the Company. Prior to joining us, Mr. Edwards acted as an officer and strategist for several companies that he and his family started, acquired or invested in over more than 40 years across a variety of industries, including multi-family and student housing development and management, industrial tool distribution, wholesale building supply, homebuilding, land and real estate development and real estate brokerage. Since 1988, Mr. Edwards has been involved in the launch of many business ventures as well as commercial real estate developments in central Ohio and elsewhere. He holds a B.S. in Marketing from Miami University.

Michael Miller

Mr. Michael T. Miller is the Chief Financial Officer, Executive Vice President Director of Installed Building Products, Inc. Mr. Miller has served as our most senior financial officer since he joined us in 2000 as our Executive Vice President – Finance. He has been our Chief Financial Officer since July 2013 and a director since 2004. Prior to joining the Company, Mr. Miller held the position of Senior Vice President/Managing Director responsible for Corporate Investment Banking at Huntington Capital Corp., a subsidiary of Huntington Bancshares, Inc., a regional bank holding company. Before joining Huntington in 1991, Mr. Miller held various positions with Deutsche Bank and Canadian Imperial Bank of Commerce in New York. Mr. Miller began his career at First Union National Bank in Charlotte, North Carolina. He holds a B.A. from Wake Forest University. Mr. Miller serves on the board of BMC Stock Holdings, Inc. and is a member of its audit committee.

W. Jeffrey Hire

Mr. W. Jeffrey Hire is the President - External Affairs of the Company. Mr. Hire joined the Company in 2008 and was named President of External Affairs in December 2013. His responsibilities include working with our largest customers, our major suppliers and industry associations. Prior to joining us, from 1978 to 2008, Mr. Hire held numerous management positions at Owens Corning. From 2006 to 2008, he served as Director of Products and Programs for the Insulating Systems Business, developing product innovations and value-added customer programs. For eleven years prior to that, Mr. Hire was General Manager of the Insulation Contractor Segment of the Residential Insulation Division. He earned a B.S. in Philosophy from University of Mount Union in Alliance, Ohio and an M.B.A. specializing in General Management from The University of St. Thomas Opus College of Business in St. Paul, Minnesota. He serves on the Board of the Insulation Contractors Association of America, most recently as the organization’s past President, and has served as a Committee Chairman for the North American Insulation Manufacturers Association. Mr. Hire received the Insulation Contractors Association of America’s “Key Man” award for his leadership and dedication to the industry.

Jay Elliott

Mr. Jay P. Elliott serves as Chief Operating Officer of Installed Building Products, Inc. Mr. Elliott has been our Chief Operating Officer since August 2013. Since joining the Company in April 2002 as Regional Operations and Business Integrations Manager, he has led our acquisition integration process and has overseen various corporate functions. Prior to joining us, Mr. Elliott worked with E&Y Corporate Finance, LLC in restructuring advisory services. Mr. Elliott’s experience includes ten years with Owens Corning in several roles including new business development, market management and corporate strategic planning. Mr. Elliott spent three years with IBM and began his career with Westinghouse Electric Corp. He earned an M.B.A. from Cornell University Johnson Graduate School of Management, a B.E. from Dartmouth College Thayer School of Engineering, and an A.B. from Colgate University.

Jason Niswonger

Mr. Jason R. Niswonger is the Senior Vice President - Finance and Investor Relations of the Company. Mr. Niswonger has been our Senior Vice President, Finance and Investor Relations since 2015 and served as our Director of Investor Relations from 2014 until 2015. Prior to joining the Company, he served from 2011 to 2013 as the Director, Financial Reporting for Edwards Industries, a national property development and management company. From 2006 to 2011, Mr. Niswonger held multiple positions including the Director, Finance for the Seating Systems Division of Commercial Vehicle Group, Inc., a supplier of integrated system solutions for the global commercial vehicle market. From 2004 to 2006, he was the Director, Financial Reporting for Installed Building Products, LLC. Prior to joining Installed Building Products, LLC, Mr. Niswonger served as the Director of Global Accounting and Financial Reporting at Sterling Commerce, Inc., a global provider of EDI services, B2B integration software solutions and consulting, where he worked from 2000 to 2004. Prior to joining Sterling, he held positions in financial reporting at Express, a division of The Limited, and Exel Logistics. Mr. Niswonger earned an M.B.A. from Otterbein College and a B.A. from Ohio University.

Todd Fry

Mr. Todd R. Fry is the Chief Accounting Officer and Treasurer of the Company. Mr. Fry has been our Chief Accounting Officer since April 2014 and our Treasurer since March 2015. He was Chief Financial Officer of Champion Industries, Inc., a commercial printer, business form manufacturer and supplier of office products and office furniture, from 1999 to 2014, where his responsibilities included SEC reporting, Sarbanes-Oxley compliance, mergers & acquisitions, corporate governance, risk management and debt negotiation. From 1997 to 1999, Mr. Fry served as Chief Financial Officer of Broughton Foods Company, where he led both the initial public offering and subsequent sale of the company. Mr. Fry served as a manager at Coopers & Lybrand L.L.P. from 1991 to 1997. Mr. Fry holds a B.S. from The Ohio State University. Mr. Fry has served as a director of Summit State Bank since 2000.

Vikas Verma

Mr. Vikas Verma is Director of the Company. Chief Executive Officer of our subsidiaries Trilok Industries, Inc., Alpha Insulation & Water Proofing Company and Alpha Insulation & Water Proofing, Inc. (the “Alpha companies), installers of commercial waterproofing, insulation, fireproofing and fire stopping (2012– present). Education : B.A. in Engineering and Associate’s Degree in International Marketing and Marketing Management, University of Bombay. Experience ; Founder of the Alpha Companies, President of Alamo Insulation Co., a residential insulation company.

J. Michael Nixon

Mr. J. Michael Nixon serves as Non-Executive Director of Installed Building Products, Inc. Mr. Nixon is the Founder and Chief Executive Officer, TCI Contracting, LLC, installer of building products and one of our subsidiaries (2006–present). Education : Attended Memphis State University. Experience : Quality Insulation Inc., a Connecticut-based insulation installer. Other Boards : Cherokee County Airport Authority Georgia Properties Commission.

Margot Carter

Ms. Margot Lebenberg Carter is the Presiding Independent Director of Installed Building Products, Inc. President and Founder, Living Mountain Capital L.L.C., a business advisory consulting firm, which advises clients on corporate governance, business strategy, business development, strategic alliances and acquisitions (1998–present). Education : B.A. in Economics and History, Binghamton University and J.D., Fordham University School of Law. Experience : Executive Vice President, Chief Legal Officer and Secretary, RealPage, Inc., a publicly traded leading global software solutions and big data company in the commercial, multifamily, single-family and vacation rental industries (2010–2015) Executive Vice President and General Counsel, The Princeton Review, Inc. Executive Vice President, General Counsel and Managing Director, Soundview Technology Group, Inc. Assistant General Counsel, Cantor Fitzgerald and eSpeed, Inc. Other Board Service : Eagle Materials, Inc., a publicly traded leading provider of building materials, member of Corporate Governance and Nominating and Audit committees. Freeman Company, one of the world’s largest brand experience companies, member of Audit and Compensation committees. NACD North Texas.

Lawrence Hilsheimer

Mr. Lawrence A. Hilsheimer is an Independent Director of the Company. Mr. Hilsheimer has served as the Executive Vice President and Chief Financial Officer, Greif, Inc., a publicly traded global leader in industrial packing products and services (2014–present). Education : B.A. in Business Administration, Fisher College of Business, The Ohio State University and J.D., Capital University Law School, Experience : Executive Vice President and Chief Financial Officer, The Scotts Miracle-Gro Company, a publicly traded manufacturer of branded consumer lawn and garden products (2013–2014), Executive Vice President and Chief Financial Officer, Nationwide Mutual Insurance Company, a provider of property and casualty insurance and financial services, President and Chief Operating Officer of multiple business units, including Nationwide Direct and Customer Solutions and Nationwide Retirement Plans,?Vice Chairman and Regional Managing Partner, Deloitte & Touche USA, LLP. Other Board Service : Root Insurance Company, member of Audit and Investment committees, Dean’s Advisory Council, Fisher College of Business, The Ohio State University Board of Trustees, member of Audit and Compliance Committee.

Janet Jackson

Ms. Janet E. Jackson is an Independent Director of the Company. Former President and Chief Executive Officer, United Way of Central Ohio, a nonprofit organization and one of the largest United Way affiliates in the U.S. (2003–2017). Education : B.A. in History, Wittenberg University and J.D., National Law Center at The George Washington University. Experience : lumbus City Attorney, Columbus, Ohio, Franklin County Municipal Court Judge, First woman and first African American to hold her position at United Way and to be elected as Columbus City Attorney, and the first African American female judge in Franklin County history.

Robert Schottenstein

Mr. Robert H. Schottenstein is an Independent Director of the Company. Mr. Schottenstein is Chairman (since 2004), Chief Executive Officer (since 2004) and President (since 1996) of M/I Homes, Inc., one of the largest publicly traded home builders in the U.S. Education ; B.A., Indiana University and J.D., Capital University Law School. Experience : Private practice of law specializing in commercial real estate, corporate and banking transactions, Central Ohio Building Industry Association “Builder of the Year” Award 2002, “Executive of the Year” for the homebuilding industry by Builder Magazine 2008. Other Board Service : L Brands, a publicly traded leading specialty retailer focused on women’s intimate and other apparel, personal care, beauty and home fragrance categories, member of Audit Committee, The Ohio State University Wexner Medical Center, The Ohio State University Foundation, ? ??Executive Committee of The Policy Advisory Board of Harvard University’s Joint Center for Housing Studies.

Michael Thomas

Mr. Michael H. Thomas is an Independent Director of the Company. Mr. Thomas is Former partner, Stonehenge Partners, Inc., a private mezzanine and equity investment firm, where he provided counsel in investment origination, portfolio asset management and disposition of investments (1999–2014). Education : B.A. in Business Administration, University of Notre Dame. Experience : Executive Vice President and Treasurer, JMAC, Inc., the holding and investment company of the McConnell family of Worthington, Ohio, where he directed investments in the financial services, publishing, health care, real estate and manufacturing sectors and was responsible for the McConnell family’s financial, estate and income tax planning, Manager of Ernst & Young LLP Columbus, Ohio tax practice. Other Board Service : Served as a director for the Company’s predecessor from 2004 to 2011

Basic Compensation

Name Fiscal Year Total

Jeffrey Edwards

4,592,710

Michael Miller

1,785,170

W. Jeffrey Hire

--

Jay Elliott

1,873,660

Jason Niswonger

433,861

Todd Fry

460,705

Vikas Verma

785,802

J. Michael Nixon

275,195

Margot Carter

130,000

Lawrence Hilsheimer

124,093

Janet Jackson

120,000

Robert Schottenstein

110,000

Michael Thomas

110,000
As Of  30 Dec 2017