IBP COO Jay P. Elliott retiring Dec 31, 2023; Brad Wheeler named successor effective Jan 1, 2024

Installed Building Products, Inc.

Jay P. Elliott to retire as COO effective Dec 31, 2023; will serve as advisor on business strategy post-retirement.
Brad A. Wheeler, Regional President since Jan 2015, appointed COO effective Jan 1, 2024.
Wheeler joined IBP in 2010 as Regional Manager, oversaw operations in CO, TX, FL, GA; named President of Alpha companies June 2022.
No written employment agreement for Wheeler; compensation adjustments pending Compensation Committee determination.
Transition period from announcement to year-end to ensure smooth handover of responsibilities.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jay P. Elliott

Chief Operating Officer

IBP · Installed Building Products, Inc.

Effective: 2023-12-31
Successor: Brad A. Wheeler
Filed: September 28, 2023, 7:59 PM ET

Jay P. Elliott has notified the Company of his decision to retire as Chief Operating Officer, effective December 31, 2023.

Appointed

Brad A. Wheeler

Chief Operating Officer

IBP · Installed Building Products, Inc.

Effective: 2024-01-01
Filed: September 28, 2023, 7:59 PM ET

The Board of Directors of the Company has named Brad A. Wheeler, currently serving as Regional President of the Company, to replace Mr. Elliott as Chief Operating Officer, effective January 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.99

Jay P. Elliott departed as Chief Operating Officer at Installed Building Products, Inc..

Action: retire
Role: Chief Operating Officer

Exact text from the filing

Jay P. Elliott has notified the Company of his decision to retire as Chief Operating Officer, effective December 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.99

Brad A. Wheeler was appointed as Chief Operating Officer at Installed Building Products, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

The Board of Directors of the Company has named Brad A. Wheeler, currently serving as Regional President of the Company, to replace Mr. Elliott as Chief Operating Officer, effective January 1, 2024.

View on SEC.gov

Installed Building Products, Inc. filing history →

Source: SEC EDGAR

accession 0001580905-23-000047

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