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...

Number of Employees

10.6K

Year

2023

Total Compensation

$8.26M

Salary

$600.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with the company's financial performance and shareholder interests.

Bonus

$1.23M

Board Justification

Performance-based cash award earned based on achievement of Adjusted EBITDA target for 2023.

Other

$39.54K

Board Justification

Includes company car, insurance, and 401(k) match.

Restricted Stock

$6.39M(34.96K RSU)

Board Justification

Performance-based restricted stock awarded based on achievement of performance goals, vesting in equal installments over two years after the performance target is met, with the first installment vesting in 2025.

Performance Metrics

Adjusted EBITDA performance metric used to determine cash bonuses and equity awards.

SEC Filing

From April 11, 2024

Robert H. Schottenstein

CEO of Installed Building Products

I

Education

N/A

Field of Expertise

Real Estate & Construction - Real Estate

Born

April 10, 1966 - 58 years ago

Is Founder?

No

Current Tenure

2 years 5 months (Jul 2022 - Present)

Previous Experience

Chairman, Chief Executive Officer and President of M/I Homes, Inc.