Installed Building Products CEO Jeffrey Edwards' 2018 pay falls 33% to $3.1M
Installed Building Products reports 2018 executive compensation
By ExecPay News
Published: April 18, 2019
Installed Building Products reported fiscal year 2018 executive compensation information on April 18, 2019.
In 2018, five executives at Installed Building Products received on average a compensation package of $1.3M, a 26% decrease compared to previous year.
Average pay of disclosed executives at Installed Building Products
Jeffrey W. Edwards, Chief Executive Officer, received $3.1M in total, which decreased by 33% compared to 2017. 59% of Edwards' compensation, or $1.8M, was in stock awards. Edwards also received $590K in non-equity incentive plan, $660K in salary, as well as $30K in other compensation.
For fiscal year 2018, the median employee pay was $48,802 at Installed Building Products. Therefore, the ratio of Jeffrey W. Edwards' pay to the median employee pay was 63 to one.
Jay P. Elliott, Chief Operating Officer, received a compensation package of $1.4M, which decreased by 25% compared to previous year. 50% of the compensation package, or $700K, was in stock awards.
Michael T. Miller, Chief Financial Officer, earned $1.3M in 2018, a 30% decrease compared to previous year.
W. Jeffrey Hire, President, External Affairs, received $536K in 2018.
Jason R. Niswonger, Senior Vice President, Finance Investor Relations, earned $453K in 2018, a 4% increase compared to previous year.
Related executives
Jeffrey Edwards
Installed Building Products
Chief Executive Officer
Michael Miller
Installed Building Products
Chief Financial Officer
Jay Elliott
Installed Building Products
Chief Operating Officer
W Hire
Installed Building Products
President, External Affairs
Jason Niswonger
Installed Building Products
Chief Administrative and Sustainability Officer
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Source: SEC filing on April 18, 2019.