Installed Building Products CEO Jeffrey Edwards' 2020 pay rises 20% to $4.1M
Installed Building Products reports 2020 executive compensation
By ExecPay News
Published: April 16, 2021
Installed Building Products reported fiscal year 2020 executive compensation information on April 16, 2021.
In 2020, five executives at Installed Building Products received on average a compensation package of $1.7M, a 18% increase compared to previous year.
Average pay of disclosed executives at Installed Building Products
Jeffrey W. Edwards, Chief Executive Officer, received $4.1M in total, which increased by 20% compared to 2019. 61% of Edwards' compensation, or $2.5M, was in stock awards. Edwards also received $863K in non-equity incentive plan, $721K in salary, as well as $11K in other compensation.
For fiscal year 2020, the median employee pay was $49,652 at Installed Building Products. Therefore, the ratio of Jeffrey W. Edwards' pay to the median employee pay was 83 to one.
Jay P. Elliott, Chief Operating Officer, received a compensation package of $1.8M, which increased by 19% compared to previous year. 52% of the compensation package, or $938K, was in stock awards.
Michael T. Miller, Chief Financial Officer, earned $1.6M in 2020, a 18% increase compared to previous year.
W. Jeffrey Hire, President, External Affairs, received $626K in 2020, which increases by 16% compared to 2019.
Jason R. Niswonger, Senior Vice President, Finance & Investor Relations, earned $584K in 2020, a 3% 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
You may also like
Source: SEC filing on April 16, 2021.