Installed Building Products, Inc. announced that Jay P. Elliott has notified the Company of his decision to retire as Chief Operating Officer, effective December 31, 2023. Following his retirement, Mr. Elliott is expected to serve in an advisory role to the Company on business strategy and development. The Board of Directors of the Company has named Brad A. Wheeler, currently serving as Regional President of the Company, to replace Mr. Elliott as Chief Operating effective January 1, 2024, to provide sufficient time for transition of Mr. Elliott's responsibilities.

Mr. Wheeler has served as one of the Company?s Regional Presidents since January 2015. Since joining the Company in 2010 as a Regional Manager, Mr. Wheeler has been responsible for the management of operations in several states, including Colorado, Texas, Florida and Georgia. In June 2022, Mr. Wheeler assumed additional responsibility for much of IBP?s heavy commercial business and was named President of the Alpha companies.

He attended Radford University and has been an active member of Vistage International CEO Organization since 2011.