Installed Building Products Announces Addition of Todd R. Fry as Chief Accounting Officer

  Installed Building Products Announces Addition of Todd R. Fry as Chief
  Accounting Officer

Business Wire

COLUMBUS, Ohio -- April 28, 2014

Installed Building Products, Inc. (the “Company”) (NYSE:IBP), an
industry-leading installer of insulation products, today announced that Todd
R. Fry, CPA has joined the Company as Chief Accounting Officer and Principal
Accounting Officer, reporting directly to Michael Miller, our Chief Financial
Officer.

“I am pleased to welcome Todd to IBP as we continue to expand our operations,”
stated Michael Miller. “Todd is a highly accomplished financial professional
and we believe his over 20 years of experience in key leadership positions,
including 17 years at publicly traded companies, will help continue to
strengthen our financial management. We look forward to leveraging his
financial expertise as we continue to grow our business.”

Mr. Fry was formerly chief financial officer of Champion Industries from 1999
to 2014, where his responsibilities included SEC reporting, Sarbanes-Oxley
compliance, mergers & acquisitions, corporate governance, risk management and
debt negotiation. Prior to that, from 1997 to 1999, Mr. Fry served as chief
financial officer of Broughton Foods Company, where he led both the IPO and
subsequent sale of the company. Prior to his multiple CFO roles, Mr. Fry
served as a manager at Coopers & Lybrand L.L.P., where he worked from 1991 to
1997. Mr. Fry holds a Bachelor of Science degree from The Ohio State
University.

About Installed Building Products

Installed Building Products, Inc. is the nation's second largest insulation
installer for the residential new construction market and also a diversified
installer of complementary building products, including garage doors, rain
gutters, shower doors, closet shelving and mirrors, throughout the United
States. The Company manages all aspects of the installation process for its
customers, including direct purchases of materials from national
manufacturers, supply of materials to job sites and quality installation. The
Company offers its diverse portfolio of services for new and existing
single-family residential, multifamily, and commercial building projects from
its national network of branch locations.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
the federal securities laws, including with respect to the expansion of our
operations, growth of our business and the continued strengthening of our
financial management. Forward-looking statements may generally be identified
by the use of words such as "anticipate," "believe," "expect," "intends,"
"plan," and "will" or, in each case, their negative, or other variations or
comparable terminology. These forward-looking statements include all matters
that are not historical facts. By their nature, forward-looking statements
involve risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. As a result, actual
events may differ materially from those expressed in or suggested by the
forward-looking statements. Any forward-looking statement made by the Company
in this press release speaks only as of the date hereof. New risks and
uncertainties come up from time to time, and it is impossible for the Company
to predict these events or how they may affect it. The Company has no
obligation, and does not intend, to update any forward-looking statements
after the date hereof, except as required by federal securities laws.

Contact:

Installed Building Products, Inc.
Investor Relations:
614-221-9944
investorrelations@installed.net
 
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