Installed Building Products Reports Retirement Of COO Jay P. Elliott, Effective December 31, 2023; Brad A. Wheeler Named Successor, Effective January 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Installed Building Products (IBP) has announced the retirement of its COO, Jay P. Elliott, effective December 31, 2023. Brad A. Wheeler has been named as his successor, effective January 1, 2024.
September 28, 2023 | 8:17 pm
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The retirement of COO Jay P. Elliott and the appointment of Brad A. Wheeler as his successor could lead to changes in the operational strategy of Installed Building Products.
Changes in key management positions often lead to shifts in company strategy, which could impact the company's performance. However, it's too early to predict the exact impact on the company's stock as the change will take effect in 2024.
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