COLUMBUS, Ohio--(BUSINESS WIRE)--
Installed Building Products, Inc. (the "Company" ) (NYSE:IBP), an
industry-leading installer of insulation products, announced today that
Robert H. Schottenstein has been elected as an independent director to
the Company's Board of Directors.
"I am extremely pleased to welcome Robert to our Board," stated Jeff
Edwards, Chairman and Chief Executive Officer of IBP. As Chairman and
Chief Executive Officer of a leading publicly traded homebuilder, Robert
brings a wealth of experience to IBP, particularly related to
residential construction markets and corporate management, and
complements the significant expertise and depth of our current Board
members."
Mr. Schottenstein has more than 35 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), one of the
nation's leading homebuilders. Mr. Schottenstein joined M/I Homes in
1990, was named President in 1996, Chief Executive Officer in 2003, and
elected Chairman in 2004. Prior to joining M/I Homes, from 1977 to 1990,
Mr. Schottenstein was engaged in the private practice of law
specializing in commercial real estate, corporate and banking
transactions. Mr. Schottenstein currently serves as a Trustee of The
Ohio State University since 2005 and served as Chairman of the Ohio
State University Board from February 2012 to April 2014. Mr.
Schottenstein is also a Board Member of The Children's Hospital
Foundation, serves on The Policy Advisory Board of Harvard University's
Joint Center for Housing Studies, serves on the Pelotonia Board, and is
a member of The Columbus Partnership. In 2002, Mr. Schottenstein
received the Central Ohio Building Industry Association "Builder of the
Year" Award and in 2008, he was named national "Executive of The Year"
for the homebuilding industry by Builder Magazine. Mr. Schottenstein
holds a B.A. from Indiana University and a J.D. from Capital University
Law School.
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.
Installed Building Products, Inc.
Investor Relations:
614-221-9944
investorrelations@installed.net
Source: Installed Building Products, Inc.
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