Robert H. Schottenstein is the CEO of Installed Building Products, Inc. He has been leading the company since July 2022, but his history with the firm goes back to April 2014 before a brief hiatus. He has an extensive background...
Robert H. Schottenstein is the CEO of Installed Building Products, Inc. He has been leading the company since July 2022, but his history with the firm goes back to April 2014 before a brief hiatus. He has an extensive background in real estate, notably serving as the CEO and Chairman of M/I Homes, Inc. since 2004. In April 2024, he will hit the 34-year mark with M/I Homes, where he transformed the company in many ways. Notably, Schottenstein has a strong focus on performance-driven compensation. For 2023, his compensation package was structured to reward him based on the company’s performance, totaling about $1.97 million, with a significant bonus contingent on achieving specific financial targets. Interestingly, he has a history of waiving his bonuses to support company charities like the Installed Building Products Foundation. He also made impressive insider trades around 2019 to 2021, with transactions reaching over $3.5 million, showing confidence in his company's future. Schottenstein is also involved academically, sitting on boards at The Ohio State University and Harvard, which adds to his leadership credentials.