Installed Building Products CEO Jeffrey Edwards' 2019 pay rises 11% to $3.4M

Installed Building Products reports 2019 executive compensation

By ExecPay News

Published: April 17, 2020

Installed Building Products reported fiscal year 2019 executive compensation information on April 17, 2020.
In 2019, five executives at Installed Building Products received on average a compensation package of $1.5M, a 10% increase compared to previous year.
Average pay of disclosed executives at Installed Building Products
Jeffrey W. Edwards, Chief Executive Officer, received $3.4M in total, which increased by 11% compared to 2018. 58% of Edwards' compensation, or $2M, was in stock awards. Edwards also received $721K in non-equity incentive plan, $674K in salary, as well as $30K in other compensation.
For fiscal year 2019, the median employee pay was $47,466 at Installed Building Products. Therefore, the ratio of Jeffrey W. Edwards' pay to the median employee pay was 72 to one.
Jay P. Elliott, Chief Operating Officer, received a compensation package of $1.5M, which increased by 8% compared to previous year. 49% of the compensation package, or $750K, was in stock awards.
Michael T. Miller, Chief Financial Officer, earned $1.3M in 2019, a 7% increase compared to previous year.
Jason R. Niswonger, Senior Vice President, Finance & Investor Relations, received $568K in 2019, which increases by 25% compared to 2018.
W. Jeffrey Hire, President, External Affairs, earned $540K in 2019, a 1% 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 17, 2020.