Installed Building Products Announces the Appointment of Robert H. Schottenstein to Its Board of Directors
July 18 2022 - 4:30PM
Business Wire
Installed Building Products, Inc. (the “Company” or “IBP”)
(NYSE: IBP), an industry-leading installer of insulation and
complementary building products, today announced that Robert H.
Schottenstein has been appointed as an independent director to the
Company’s Board of Directors. Mr. Schottenstein previously served
on the Board from April 2014 to March 2020. With this appointment,
the Board now has nine members.
“I am extremely pleased to welcome Bob back to our Board,”
stated Jeff Edwards, Chairman and Chief Executive Officer of IBP.
“Bob brings a wealth of residential construction and corporate
management experience at one of the leading publicly traded
homebuilders, as well as a strong understanding of IBP.”
Mr. Schottenstein has more than 40 years of experience in the
real estate industry and currently serves as Chairman, Chief
Executive Officer and President of M/I Homes, Inc. (NYSE: MHO). Mr.
Schottenstein joined M/I Homes in 1990, was named President in
1996, Chief Executive Officer in 2004, and elected Chairman in
2004.
Mr. Schottenstein serves on the board of The Ohio State
University Wexner Medical Center and The Ohio State University
Foundation. In addition, Mr. Schottenstein serves on the Executive
Committee and as Vice Chair of The Harvard University Joint Center
for Housing.
About Installed Building Products
Installed Building Products, Inc. is one of the nation's largest
new residential insulation installers and is a diversified
installer of complementary building products, including
waterproofing, fire-stopping, fireproofing, garage doors, rain
gutters, window blinds, shower doors, closet shelving and mirrors
and other products for residential and commercial builders located
in the continental United States. The Company manages all aspects
of the installation process for its customers, from direct purchase
and receipt of materials from national manufacturers to its timely
supply of materials to job sites and quality installation. The
Company offers its portfolio of services for new and existing
single-family and multi-family residential and commercial building
projects in all 48 continental states and the District of Columbia
from its national network of over 210 branch locations.
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