COLUMBUS, Ohio--(BUSINESS WIRE)--
Installed Building Products, Inc. (the "Company") (NYSE:IBP), an
industry-leading installer of insulation products, today announced that
Todd R. Fry, CPA has joined the Company as Chief Accounting Officer and
Principal Accounting Officer, reporting directly to Michael Miller, our
Chief Financial Officer.
"I am pleased to welcome Todd to IBP as we continue to expand our
operations," stated Michael Miller. "Todd is a highly accomplished
financial professional and we believe his over 20 years of experience in
key leadership positions, including 17 years at publicly traded
companies, will help continue to strengthen our financial management. We
look forward to leveraging his financial expertise as we continue to
grow our business."
Mr. Fry was formerly chief financial officer of Champion Industries from
1999 to 2014, where his responsibilities included SEC reporting,
Sarbanes-Oxley compliance, mergers & acquisitions, corporate governance,
risk management and debt negotiation. Prior to that, from 1997 to 1999,
Mr. Fry served as chief financial officer of Broughton Foods Company,
where he led both the IPO and subsequent sale of the company. Prior to
his multiple CFO roles, Mr. Fry served as a manager at Coopers & Lybrand
L.L.P., where he worked from 1991 to 1997. Mr. Fry holds a Bachelor of
Science degree from The Ohio State University.
About Installed Building Products
Installed Building Products, Inc. is the nation's second largest
insulation installer for the residential new construction market and
also a diversified installer of complementary building products,
including garage doors, rain gutters, shower doors, closet shelving and
mirrors, throughout the United States. The Company manages all aspects
of the installation process for its customers, including direct
purchases of materials from national manufacturers, supply of materials
to job sites and quality installation. The Company offers its diverse
portfolio of services for new and existing single-family residential,
multifamily, and commercial building projects from its national network
of branch locations.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the federal securities laws, including with respect to the
expansion of our operations, growth of our business and the continued
strengthening of our financial management. Forward-looking statements
may generally be identified by the use of words such as "anticipate,"
"believe," "expect," "intends," "plan," and "will" or, in each case,
their negative, or other variations or comparable terminology. These
forward-looking statements include all matters that are not historical
facts. By their nature, forward-looking statements involve risks and
uncertainties because they relate to events and depend on circumstances
that may or may not occur in the future. As a result, actual events may
differ materially from those expressed in or suggested by the
forward-looking statements. Any forward-looking statement made by the
Company in this press release speaks only as of the date hereof. New
risks and uncertainties come up from time to time, and it is impossible
for the Company to predict these events or how they may affect it. The
Company has no obligation, and does not intend, to update any
forward-looking statements after the date hereof, except as required by
federal securities laws.
Installed Building Products, Inc.
Investor Relations:
614-221-9944
investorrelations@installed.net
Source: Installed Building Products, Inc.
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