Aaron Schapper appointed Myers Industries CEO effective Jan 1, 2025 with $800K base, $2.5M LTI

MYERS INDUSTRIES INC

Aaron Schapper, former Valmont Industries executive, named President and CEO effective Jan 1, 2025; also joins Board.
Base salary of $800,000, annual incentive target of 100% of base, and long-term incentive grant value of $2.5 million.
Onboarding grant of stock options for 125,000 shares at a strike price equal to the grant date price on Jan 2, 2025.
Dave Basque, who served as interim CEO since Sept 9, 2024, will return to his role as VP, Special Projects.
Schapper is eligible for relocation assistance up to $2,500/month for 12 months and severance under the Senior Officer Severance Plan.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Dave Basque

Interim President and Chief Executive Officer

MYE · MYERS INDUSTRIES INC

Effective: 2025-01-01
Successor: Aaron M. Schapper
Filed: November 22, 2024, 6:59 PM ET

Dave Basque will continue to serve in his current capacity as Interim President and Chief Executive Officer until Mr. Schapper assumes his duties as President and Chief Executive Officer effective January 1, 2025.

Appointed

Aaron M. Schapper

President and Chief Executive Officer

MYE · MYERS INDUSTRIES INC

Effective: 2025-01-01
Filed: November 22, 2024, 6:59 PM ET

the Board of Directors has appointed Aaron M. Schapper as President and Chief Executive Officer effective January 1, 2025.

Appointed

Aaron M. Schapper

member of the Board of Directors

MYE · MYERS INDUSTRIES INC

Effective: 2025-01-01
Filed: November 22, 2024, 6:59 PM ET

The Board of Directors will also appoint Mr. Schapper as a member of the Board of Directors effective January 1, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.8

Dave Basque departed as Interim President and Chief Executive Officer at MYERS INDUSTRIES INC.

Action: ceased
Role: Interim President and Chief Executive Officer

Exact text from the filing

Dave Basque will continue to serve in his current capacity as Interim President and Chief Executive Officer until Mr. Schapper assumes his duties as President and Chief Executive Officer effective January 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Aaron M. Schapper was appointed as President and Chief Executive Officer at MYERS INDUSTRIES INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board of Directors has appointed Aaron M. Schapper as President and Chief Executive Officer effective January 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Aaron M. Schapper was appointed as member of the Board of Directors at MYERS INDUSTRIES INC.

Action: appointed
Role: member of the Board of Directors

Exact text from the filing

The Board of Directors will also appoint Mr. Schapper as a member of the Board of Directors effective January 1, 2025

View on SEC.gov

MYERS INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000950170-24-129920

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