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    Maggie Miller

    Managing Director and senior relationship manager at Jefferies

    Maggie Miller is a Managing Director and senior relationship manager at CIBC Private Wealth, leveraging over 30 years of financial experience with a specialization in high net worth family advisory and institutional equity sales. Previously, she was an institutional equity salesperson at Sandler O’Neill & Partners and spent a decade in equity sales with Credit Suisse First Boston and Donaldson, Lufkin & Jenrette, after starting her career as an equity analyst at Continental Bank. Maggie holds a Bachelor of Arts in finance from the University of Iowa and an MBA in finance from DePaul University. Her extensive background and advanced credentials have distinguished her as a trusted advisor in wealth management and equity markets.

    Maggie Miller's questions to Installed Building Products (IBP) leadership

    Maggie Miller's questions to Installed Building Products (IBP) leadership • Q1 2025

    Question

    Maggie Miller, on for Phil Ng at Jefferies, asked for a breakdown of the price versus mix components, the risk of fiberglass pricing falling, and opportunities for SG&A cost savings.

    Answer

    CFO Michael Miller noted the price/mix calculation is complex, with carryover pricing being a positive factor while weaker multifamily sales act as a headwind. CEO Jeffrey Edwards commented that the material market is normalizing, not declining, as manufacturers can regulate supply. Critically, Mr. Miller announced a new initiative to reduce G&A costs by at least $15 million, with savings expected to materialize starting in Q3, a task Mr. Edwards called 'job one.'

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